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Discussion :: National - Latest Current Affairs (Q.No.2123)

2123. 

Which Housing Finance Company launched SARAL, a special affordable housing loan scheme to finance homes in urban and rural areas?

[A]. L&T Housing Finance Limited
[B]. Ind Bank Housing Ltd
[C]. ICICI Home Finance Company Limited
[D]. PNB Housing Finance Ltd.

Answer: Option C

Explanation:

ICICI Home Finance Company Limited(HFC) launched SARAL, a special affordable housing loan scheme to finance homes in urban and rural areas. The beneficiaries are women, lower, middle income customers and economically weaker sections, with a maximum household income up to Rs 6 lakh per annum.

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