The main objective of India Shelter Finance Corporation Ltd (ISFC) is to provide credit to middle income households to acquire new housing or to extend and improve their current housing. The Company provides home loans up to a maximum of 10 lakhs to low and middle income urban borrowers for a period of up to 15 years. These loans can be used by borrowers for purchase of apartments, construction of homes, home improvements and home extensions.
ISFC is the new name of the erstwhile Satyaprakash Housing Finance India Limited (SHFIL) which was granted the certificate of registration by National Housing Bank on 26th October, 1998. The business was taken over by a group of professionals and relaunched on 12th March 2010.