Central Bank of India has announced a strategic co-lending partnership with Godrej Housing Finance Ltd. to offer housing loans at competitive rates. This collaboration aims to expand the housing loan portfolio of both entities across India. The arrangement allows Central Bank of India to incorporate up to 80% of the home loans under mutually agreed terms, enhancing customer reach and experience.
Strategic Alliance for Housing Finance
Central Bank of India has entered into a strategic partnership with Godrej Housing Finance Ltd., as of October 16, 2025. This collaboration is designed to provide competitive housing loan options to a wider customer base.
Co-Lending Arrangement Details
The co-lending agreement will allow Godrej Housing Finance Ltd. to originate and process housing loan proposals, adhering to jointly defined credit parameters and eligibility criteria. Central Bank of India will then incorporate up to 80% of these loans into its portfolio under mutually agreed upon terms.
Expected Benefits
This partnership is expected to provide a more streamlined and convenient experience for customers seeking housing finance. Godrej Housing Finance Ltd. will manage the loan accounts throughout their lifecycle. The collaboration should allow both organizations to broaden their reach across India and improve customer satisfaction.
Source: BSE
