In terms of importance, it occupies third place after food and clothing. Several vocations and professions either directly or indirectly derive their livelihood from housing. By means of investment in housing and acquiring houses, people in general and low income group in particular, get equity which can always be used as collateral for availing bank finance for generating income.

The Government of India envisioned "housing for all - 2022" to provide every Indian a pucca house over his head. However, there are myriad challenges. Urban housing shortage alone may cross 3.4 Crores units by 2022 as per one estimate mainly on the back of demand-supply gap and raising levels of income among working class seeking to purchase houses. According to another estimate, the potential annual demand for housing units in urban areas' may even cross 38 million units by the end of 2022. Rural housing shortage will also be very huge by the end of 2022. Addressing the problem of housing shortage, by improving affordability, has now become an avowed objective of the Government. A house becomes an asset for a person in his old age and for his children's future. Investing in housing also increases shared prosperity since construction generates jobs and economic growth. MHFSL is a co-sharer of the vision of the Government and it has the objective of providing long term financial assistance to individuals for acquiring houses.

MHFSL offers wide range of home loan products tailored to meet the needs of individual customers.