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Manipal Housing Finance Syndicate Limited (MHFSL) is a NHB registered Housing Finance Company, having its Registered & Corporate Office at Manipal House, Manipal - 576 104.

The company is jointly promoted by erstwhile Syndicate Bank which is now Public Sector Canara Bank on its amalgamation.

MHFSL came into being in 1986 as a Public Limited Company. It is a "A-"rated HFC with permission from National Housing Bank to accept public deposits. It belongs to Manipal Group founded by Late Dr TM A Pai which has made its mark in diverse areas such as Banking & Finance, Education & Healthcare, Printing & Publication, Hospitality & Information technology, etc.

'Housing' being a fundamental necessity, has always had and continues to have significant socio economic implications and plays a very important role in the economic development. Housing is a vital input in economic, social and civic development.

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.

Upto 90% of the cost of the house, Flat/Apartment estimated cost of construction

T&C applies

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No hidden charges on NIDHI Gold Loans

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Home Loan - Features & Benefits

Wide network across the country to ensure hassle-free reach

Personalised documentation assistance for smooth processing

Flexible repayment