Satin Creditcare will mark its entry into housing finance business this month. It will offer loan below Rs 10 lakh, with an aim to tap unorganized market in rural and semi-urban areas. The company has created a wholly owned subsidiary in April this year to enter housing finance business.
Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India, and is the 3rd largest MFI in the country.