Finally, Peace of Mind for 60+ years Homeowners Freedom from Financial uncertainties

  • Whenever one speaks or thinks about post-retirement life, the typical problems that come to our mind are proper financial support and lack of regular income for taking care of healthcare, cost of living and other amenities.
  • Most of the senior citizens have a property in their names; however the same cannot be converted into instant and regular income stream due to its inherent illiquid nature. All these problems can be taken care by a concept known as ‘Reverse Mortgage; introduced by Central Government in the 2007-08 Union Budget.
  • In simple terms, reverse mortgage is the exact opposite of regular mortgage loans. In regular mortgage, the individual pays equated monthly installments (EMI) to the financial institution for buying a property; however in reverse mortgage the senior citizen who owns a house or property, but lacks a regular source of income, can mortgage their property with the financial institution and the financial institution pays the individual a regular amount. The financial institution has the right to sell the property post the uncertain event of death of the customer and the excess amount is remitted back to the legal heirs

Features & Benefits


The Reverse Mortgage is a tremendously flexible product that can be utilized in a variety of ways for a variety of different types of borrowers. Households who have a financial need can tailor the product to de-stress their finances. Households with adequate resources might consider the product as a financial planning tool.

Guaranteed Place to Live

You can live in your home for as long as you want when you secure a Reverse Mortgage.

Stay in Your Home and Improve Your Immediate Finances

The key to a Reverse Mortgage is that it enables you to live in your home for as long as you want with absolutely no monthly mortgage payments and – in many cases – you can also get access to money to use for any purpose.