PNB Housing Finance, Yes Bank enter into strategic co-lending partnership

PNB Housing Finance and Yes Bank have entered into a strategic co?lending agreement to offer convenient and customized retail loans to homebuyers at competitive interest rates. PNB Housing and Yes Bank will synergise capabilities to provide an efficient and seamless experience to existing and new retail home loan customers.

PNB Housing and Yes Bank will jointly do due diligence and co?originate the loan at an agreed ratio. PNB Housing will service the customers through the entire loan lifecycle, including sourcing, documentation and collection with an appropriate information sharing arrangement with Yes Bank.

PNB Housing Finance is a registered housing finance company with National Housing Bank (NHB). They provide housing loans to individuals and corporate bodies for construction, purchase, repair and up-gradation of houses.