RBI through its circular on Co-Lending by Banks and NBFCs to Priority Sector allows Banks and Non-Banking Financial Companies (NBFCs) / Housing Finance Companies (HFC), form partnerships to provide loans jointly to customers with a maximum limit of 80 percent of loan borne by the bank and a minimum limit of 20 percent by non-banks like NBFCs, HFCs etc. The essence of this arrangement is, Bank can rely upon the lead role played by the Partner (NBFC/HFC) who plays the fronting role, with customer interface. Bank has partnered with the below Co-lending partners to reach out to the customers.

• Fedbank Financial Services Limited
• Yogakshemam Loans Limited
• Indel Money Limited

Co-lending Gold Click here to Know More.