Recently, Which banks signs MoU With IMGC to offer mortgage guarantee – InterviewSolution

1.	Recently, Which banks signs MoU With IMGC to offer mortgage guarantee scheme for the customers?
Answer» India's largest lender State Bank of India SBI and India Mortgage Guarantee Corporation (IMGC) signed a pact to offer mortgage guarantee scheme for prospective non-salaried and self-employed home loan customers. The offering will help increase home loan eligibility up to 15% within the regulatory norms. The MoU between SBI and IMGC is a strategic initiative which will enable to improve housing loan volumes in the non-salaried segment.

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