About IIFL Home Finance Limited
IIFL Home Finance Limited (CIN: U65993MH2006PLC166475) is a housing finance company registered with National Housing Bank (NHB). It was incorporated under the Companies Act, 1956 and commenced its operations in 2006 and received a certificate of registration from NHB in 2009. The Company is one of the India’s leading affordable housing finance companies and a subsidiary of IIFL Finance Ltd., with 79.59% shareholding, while Abu Dhabi Investment Authority holds 20.41% stake within company post their acquisition in 2022.
Headquartered in Gurgaon, the company is engaged in providing loans for purchase, construction and renovation of houses; SME secured loans for business and personal needs and construction finance loans to developers engaged in construction of affordable housing. IIFL Home Finance is technology driven retail focused housing finance company with the primary focus on providing loans to first time home buyers in the economically weaker sections (“EWS”) and low-income group (“LIG”) group. We provide loans to customers in the suburbs of Tier 1 cities and Tier 2 cities and to customers residing in Tier 3 and Tier 4 cities in India where the collateral is the existing or self-occupied residential property. The Company serves over 4,27,048 customers as of September 30, 2024.
Company’s focus states include Delhi NCR, Gujarat, Andhra Pradesh, Telangana, Madhya Pradesh, Karnataka, Rajasthan, Maharashtra and Tamil Nadu. As a technology-driven housing finance Company, the Company endeavours to make customer experience as seamless as possible. The approach has always been digital first and have made the entire life cycle of housing loans i.e., from origination to closure, completely digitised. The Company have also adopted technology in all our other business processes including customer service, collections, underwriting and monitoring asset quality. With strong in-house digital capabilities and efficient processes across business functions, we provide enhanced customer experience, enhanced transparency and sustainable growth.
The average ticket size of housing loans secured business loans and affordable housing project loans was ₹ 0.16 crores, ₹0.10 crores and ₹7.02 crores, respectively, as of September 30, 2024.
Company’s AUM has grown at a CAGR of 22.60% from ₹23,617.37 crores as of March 31, 2022 to ₹35,498.55 crores, as of March 31, 2024. As on September 30, 2024, our AUM stands at ₹ 37,098.39 crores. The Company operates through a widespread network of 387 branches in 18 states and 2 union territories as of September 30, 2024.
The company is rated AA (Positive) by CRISIL AA (Stable) by ICRA.
We are a brand that is
not afraid to dream big and see those dreams to fruition.
Our single minded focus in providing investment advice while ensuring the highest standards of ethics and compliance, transparency while transacting business and staying ahead of the curve in technological innovations has helped us build credibility and a reputation we are proud of today.
3.56+ Lakh Satisfied and Trusted Customers
380+ Branches Spread Across India
Significance of our logo
Nine triangles which form Sri Yantra
A In Hindu Mythology, the nine interlocked triangles that surround and radiate from the centre (bindu) symbolize the highest, the invisible and elusive centre from which the entire figure and cosmos expand.
Our brand represents a cosmos in itself, where two worlds meet. One, where we together strive to grow and expand and the other, where we strive to make possibilities infinite for our customers. It is the confluence of these two thoughts, represented by the age old symbol of converging powers that stands as the face of our brand.