ICICI Bank’s subsidiary company — ICICI Home Finance (ICICI HFC) has entered into co-lending partnership with Easy Home Finance to disburse affordable home loans in the country. This partnership will leverage ICICI HFC’s expertise in affordable housing segment and EASY’s tech capabilities to enable quick disbursement of affordable home loans.
The co-origination, underwriting and disbursement activities from both the parties together will enable a seamless process for new home buyers. Easy’s asset-light model of Neo Banking Mortgage and a greater reach for digital home loans combined with rural – urban connect of ICICI HFC will help customers get home loan processed faster.
ICICI Bank is a leading private sector bank in India.