studyblogBOI & IMGC Partners to Offer Mortgage Guarantee-Backed Home Loan ProductsBank Bank of India(BOI), an Indian Public Sector Bank(PSB), has signed an agreement with India Mortgage Guarantee Corporation(IMGC) to provide mortgage guarantee-backed home loan products in the affordable housing segment.
The collaboration will cover salaried and self-employed home loan customers in the affordable housing segment.
About India Mortgage GuaranteeCorporation(IMGC):
IMGC is regulated by the Reserve Bank of India’s (RBI) 2008 Mortgage Guarantee Company (Reserve Bank) Guidelines.
Managing Director(MD) & Chief Executive Officer (CEO)– Mahesh Misra
Established in 2012
Headquarters– Noida, Uttar Pradesh
About Bank of India(BOI):
MD & CEO- Rajneesh Karnatak
Headquarters- Mumbai, Maharashtra
Founded in 1906
Tagline- Relationship Beyond Banking
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