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Shriram Housing Finance Limited (SHFL), a leading affordable housing finance company, marked Mother's Day by offering a 50% waiver on processing fees for home loans for mothers. The special offer is available to our potential customers who apply for the Home Loan via our Direct2Customer app - SHFL ACE which is available on the android platform. The special offer aims to make home loans from SHFL more accessible to women, especially mothers.

Commenting on the launch of the home loan special offer for mothers, Ravi Subramanian, MD & CEO, Shriram Housing Finance said, "We are pleased to announce this special home loan processing fee waiver scheme for mothers on the occasion of Mother's Day for the entire month of May. It's a tribute to the mothers who efficiently balance various responsibilities and their role in nurturing and shaping lives. This initiative is a part of our commitment to empowering women to invest in their dream homes and secure their family’s futures. We hope to see more mothers availing of our special home loan scheme.”

This initiative is part of SHFL's ongoing efforts to provide affordable and accessible housing finance solutions to its customers, especially women who have a strong credit track record. Currently, the company has close to 2000 loans outstanding amounting to around 5% of the loan book worth of loans taken by self-employed mother-son or mother-daughter duos. The company has a strong presence in the self-employed segment across tier 3 and beyond regions and a wide range of home loan products. SHFL is committed to helping every Indian family realize their dream of owning a home.

"At SHFL, we are committed to making homeownership accessible and affordable for everyone, regardless of their background or circumstances. This scheme is a small step towards achieving that goal," added Mr. Subramanian.