IIFL Home Finance Secures USD 300 Million ADB Loan for Affordable Housing

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IIFL Home Finance Secures USD 300 Million ADB Loan for Affordable Housing

Representational image (Image: News18)

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News18•27-02-2026, 15:30

IIFL Home Finance Secures USD 300 Million ADB Loan for Affordable Housing

•IIFL Home Finance signed a USD 300 million loan agreement with ADB to boost affordable housing finance.
•The loan targets lower-income borrowers, especially women, in peri-urban and urban areas and lagging states.
•This marks IIFL Home Finance's first syndicated external commercial borrowing.
•The financing package includes USD 150 million from ADB and USD 150 million in parallel loans from other banks.
•Over 25% of the loan proceeds are earmarked for green-certified affordable homes.

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