India Mortgage Guarantee Corporation (IMGC) is India’s first Mortgage Guarantee company (MGC). IMGC came into being with a vision of facilitating early home ownership by mitigating credit risk for home loan lenders.
IMGC started operations in 2014 . It is regulated by the Reserve Bank of India under the Mortgage Guarantee guidelines issued in 2008. The company now works with 17 lender partners including the top 5 originators. These comprise Banks, Housing Finance Companies and NBFCs. The comprehensive product offerings span across individual loans and bulk mortgage portfolios.
Operations are managed by a team of highly experienced and capable professionals from diverse backgrounds. The company has offices in Noida and Mumbai.