Saturday, 22 May 2021

Employee relief initiative by Indiabulls Housing Finance in COVID times

 Indiabulls Housing Finance Ltd. is supporting the families of deceased employees during this pandemic.

Many families are devastated due to the loss of their loved ones, especially when the breadwinner of the family is lost to the pandemic. Indiabulls Housing Finance has come up with an initiative in these unfortunate times, they will be supporting the company employee's family who has lost their life to COVID, by paying 2 years’ salary package and by helping their children's education till graduation.

Excerpts from the mail sent by Mr. Gagan Banga, VC & MD of Indiabulls Housing Finance Limited to all the employees of Indiabulls Housing Finance Limited:

 “I would like to reassure all of you that Indiabulls Housing is behind your family and you. In the unfortunate event of the demise of any of our employees to COVID, we will continue to pay the monthly salary of our employee to their family for two years. We will also cover their children’s education till they graduate from any Indian college. This financial assistance won’t be able to bring back our dear colleagues but I hope it will provide the family some time to stabilise, reorient and deal with this unfortunate life changing event.”

About Indiabulls Housing Finance

Indiabulls Housing Finance Ltd. (IBHFL), India’s third largest housing finance company, regulated by the National Housing Bank (NHB), rated ‘AA’ by leading rating agencies including CRISIL and ICRA. IBHFL has serviced more than 1 million happy customers and cumulatively disbursed loans of over ₹ 2.77 trillion. It has a strong nationwide presence and continues to reach out further with eHome Loans – India’s first completely online home loan fulfilment platform.

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