HFCs Promotion and Development

The principal mandate of the Bank is to promote housing finance institutions to improve/strengthen the credit delivery network for housing finance in the country. The Bank has played a facilitator role in this regard instead of itself opening such dedicated housing finance institutions. For this purpose, NHB has issued the Model Memorandum and Articles of Association. NHB has also issued guidelines for participating in the equity of housing finance companies. All housing finance companies registered with NHB u/s 29A of the National Housing Bank Act, 1987 and scheduled commercial/co-operative banks are eligible for refinance support subject to terms and conditions as laid down under the respective refinance schemes.

As a part of its promotional role NHB has also formulated a scheme for guaranteeing the bonds to be issued by the housing finance companies.

Considering the need for trained personnel for the sector NHB has designed and conducted various training programmes.



Fraudulent Transactions in Housing Finance
98 kb 228 kb
Foreign Exchange Management Act, 1999 - Providing housing loan in rupees to NRIs/PIOs
22 kb 73 kb
Fair Lending Practices Code for National Housing Bank
45 kb 17 kb


Guidelines for Extending Equity Support to Housing Finance Companies
30 kb 21 kb


Scheme for guaranteeing the Bonds of Housing Finance Companies
31 kb 64 kb


Training programs conducted by NHB
36 kb 81 kb
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