After completing his degree in Bihar, Mr. Bhogendra Jha moved to Delhi in 2011 looking for new opportunities. As a hardworking accountant, he first worked at a firm for 3 years. Later, he moved on to his current job managing the accounts for Alpina Hotels and Suites. He and his wife Mrs. Rani Jha had been renting their home. Every year when their lease ended, they were forced to move from home to home, but after the birth of their first child, the couple decided it was time to purchase their own property.
This is where Ummeed stepped in, smoothly guiding the couple’s progress to obtain a loan for their new flat. The Rs 6.8 Lakh loan helped the couple build a future for both themselves and their child without stretching their financial resources. The government through the PMAY Scheme helped in this, aiding the family with a 2.15 Lakh subsidy which was routed to them through Ummeed.
Ummeed with their focus on customer service has allowed Jha to realize his dream. Jha complemented Ummeed, stating “the professional approach and speedy loan processing were exceptional. Ummeed will always be a part of the story I will share with my grandchildren.” Now, thanks to Ummeed, the young couple can continue to take care of their growing family in the comfort and luxury of their own home.
After living in a rented home for close to 20 years, the prospect of home ownership is definitely not taken lightly. With the help of Ummeed, Mr. Rajesh Kumar was able to convert his distant dream into reality.
Mr. Kumar and his wife, Mrs. Kanti Devi, both previously worked in the export industry. After working at the factory for 15 years, Mr. Kumar decided to open up his own Kiryana store. He has now been working at his small corner store for more than 5 years. In addition to the Kiryana store, Mr. Kumar owns two autos and derives monthly income from that source. He has married off two of his daughters and supports two younger children aged 11 and 15.
In recent years, Mr. Kumar was able to scrounge together enough savings to buy a plot of land for him and his family. The only problem was he did not have the money to move forward with construction. This is where Ummeed stepped in. They educated him about the government subsidy under the PMAY program, while providing him a loan of Rs 3.25 lakhs.
Mr. Kumar was extremely grateful. He said “ After living on rent for 20 years, I thought I will never be able to own my house. The feeling of owning my own home is just great and I can only wish Ummeed all the success.”
Mr. Virendra has been the owner of a Kiryana store in Delhi for the past 20 years. In August of 2016, he went to a home financing agency to take out a loan to buy a new home. The financial institution was unable to help him get the government subsidy under the PMAY and that was when Virendra approached the Ummeed team who he had read about based on a marketing flier he received at his shop. Ummeed quickly processed his loan, and within 7 days Mr. Virendra had the financial aid through a government subsidy to provide stability in his financial life. Now he is living comfortably in his self-owned home above his store.
Virendra sees Ummeed as a true partner as they have been able to help him get the subsidy under the PMAY, thereby reducing his monthly payouts and adding to his financial well being.