01/02/2025 Legal
Are you looking to set up a Mortgage Guarantee Company (MGC) in India? Corpzo offers expert legal and financial assistance for MGC registration, RBI compliance, and business structuring, ensuring a smooth and hassle-free process.
What is a Mortgage Guarantee Company (MGC)?
A Mortgage Guarantee Company (MGC) is a specialized financial institution that provides guarantees to lenders (banks and housing finance companies) against defaults on housing loans. These companies play a crucial role in improving housing finance accessibility and reducing lending risks.
Key Features of an MGC:
✔ Must have a minimum net owned fund of ₹100 crore
✔ Required to be registered with RBI as a financial institution
✔ Primarily engaged in providing mortgage guarantees
✔ Helps banks and NBFCs in reducing risk on home loans
✔ Supports affordable housing and real estate financing
Why Choose Corpzo?
Expert assistance in MGC registration & licensing
RBI compliance & regulatory approvals
Customized business structuring & financial advisory
Seamless documentation & end-to-end support
Set up your Mortgage Guarantee Company with Corpzo’s professional guidance! Contact us at [Your Contact Information] or visit [Website URL] today.
Strengthen India’s housing finance sector with a Mortgage Guarantee Company – Get started with Corpzo!
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