IIFL Home Finance commits Rs 2 crore for Covid support though GiveIndia
IIFL Home Finance is a part of the diversified non-banking finance company IIFL Finance
IIFL Home Finance, one of India’s leading housing finance companies has committed to raise Rs 2 crore to support COVID patients, their families and healthcare workers across India.
They have initiated a fund-raising campaign on GiveIndia platform for this purpose. The funds will be used for providing oxygen supply and life-saving equipment, help low-income families bereaved by COVID, overcome their loss, provide cooked food and ration kits and help with isolation facilities and medical care to COVID patients.
The Rs 2 crore fund will be shared with Give India, SOS Children’s Village of India, Rise Against Hunger India and Doctors For You. The contributions are expected by customers, employees, and the general public.
Commenting on the development Mr Monu Ratra, CEO, IIFL Home Finance said, “Due to a spike in cases across the nation, Covid-19 has led to a lot of challenges for everyone and has affected many people throughout the country. We, IIFL Home Finance Ltd., are coming together with GiveIndia to raise funds to support the country in this time of need.”
GiveIndia and Doctors For You will use the funds for COVID care centres and oxygen supply, Rise Against Hunger India will use the funds for ration kits and cooked meals, and SOS Children’s Village of India will use the funds for child care.
IIFL Home Finance is a part of the diversified non-banking finance company IIFL Finance, which caters to the credit needs of the unbanked and underbanked population of India present across 2500 locations with a client base of over 60 lacs.