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National Housing Bank

National Housing Bank (NHB) is a national-level institution established on the recommendation of a housing-finance sub-group to address the lack of long-term finance for individual households.

Last updated September 15, 2026

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Overview

National Housing Bank (NHB) traces its origins to the Sub-Group on Housing Finance for the Seventh Five Year Plan (1985-90), which identified the non-availability of long-term finance to individual households on any significant scale as a major lacuna impeding progress of the housing sector and recommended the setting up of a national level institution. The Committee of Secretaries considered the recommendation and set up a High Level Group. NHB operates under the National Housing Bank Act, 1987, and its activities include supervision, onsite inspections, and regulations issued by RBI. It provides e-services including a Grievance Registration & Information Database System, a Centralised Reporting and Management Information System, the PRMAY-RHISS Portal, the CLSS Portal, and a channel for complaints under PIDPI.

History

The Sub-Group on Housing Finance for the Seventh Five Year Plan (1985-90) identified the non-availability of long-term finance to individual households on any significant scale as a major lacuna impeding progress of the housing sector and recommended the setting up of a national level institution. The Committee of Secretaries considered the recommendation and set up the High Level Group. NHB operates under the National Housing Bank Act, 1987.

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