Indiabulls Housing Finance Ltd
Indiabulls Housing Finance Ltd. (IBHFL) is the 3rd largest housing finance company in India, regulated by the National Housing Bank (NHB) and listed on the Bombay Stock Exchange and the National Stock Exchange. It was established as a wholly owned subsidiary of Indiabulls Financial Services Ltd (IBFSL), a leading non-banking financial company providing home loans, commercial vehicle loans and business Loans that was established in 2000. In early 2013, keeping with IBFSL’s long-term commitment to the housing finance business, the company was reversed-merged into its housing finance subsidiary IBHFL. IBHFL has expanded its business rapidly with the present asset book at over Rs. 36,000 crore and net worth of more than Rs. 5,313 crore.
IBHFL has AA+ long-term credit rating. With a wide network of about 200 walk-in branches across the country and a strong sales team of 2000 executives, the company has given cumulative loans to 5.62 lakhs retail customers. IBHFL provides 48-hours-loan-approve facility for its customers, one of the quickest loan delivery and fulfilment systems amongst its peers, with its focus firmly on the middle class home loan seekers. IBHFL was recently awarded the “Housing Finance Company of the year” award by the Accommodation Times. It has won the prestigious “Best Employer Brand” award for its human resource practice by The Institute of Public Enterprises.
The ever-expanding middle class, often hailed as the growth engine of India, is the most important customer segment for IBHFL. The company believes it can make it easier for the Indian middle class to own a home, and focuses on offering small-ticket retail loans for budget properties. IBHFL offers home loans at competitive rates, especially loans of up to Rs. 25 lakhs, with interest rates specially flagged for the masses. The company empowers its customers with an extended tenure of up to 30 years to enable him to manage his EMI, and also offers flexible repayment options.
Service with passion and commitment, high degree of transparency and a humane approach are the hallmark of the company, and has helped IBHFL to achieve a long and meaningful relationship with its customers. And this has been one of the main reasons for the company’s rapid growth. IBHFL’s service association with its customers is more like a partnership. The employees and the direct sales associates are specially trained to be able to guide the customer through different stages, right from the initial process of applying for a home loan till he can walk into his own home.
As part of its commitment to help customers own a home, IBHFL has been organising budget property fairs – Aawas- in cities like Mumbai, Delhi, Kolkata and Chennai where it partners with leading property developers to showcase new properties as well as offer easy financing options. With these fairs being organised in locations close to the customer’s workplaces, it has been a big success.
The Indiabulls Advantage:
- Vast national network of about 200 branches as well as international presence
- Trained and dedicated personnel to ensure smooth and easy processing.
- Technology driven quality customer service
- Counselling and advisory services for acquiring a property.
- Flexible loan repayment options
- Free and safe ISO certified document storage.
Our Journey Continues:
IBHFL has established itself as one of the biggest success stories of the Indian economy over the last decade. While the company is proud of its achievement, the quest for excellence is an enduring passion within the company. IBHFL is committed to expand its home loans vertical with strong systems and processes, which will help meet the financing demand of millions of aspiring home owners across the country and contribute strongly to the Indian middle class growth story. This will enable every family who deals with IBHFL to experience the feeling that 'There’s no place like home!'.