Top Housing Finance Companies in India

Top Housing Finance Companies in India




Top Housing Finance Companies

Housing Finance is one of the fastest growing sector due to Government’s target of ensuring home for every family by 2022. Housing and Urban Development Corporation was established in 1970 to finance housing and urban infrastructure activities. Later many private housing finance companies were allowed to start operation in this sector.

The following is the list of top listed housing finance companies in India by market capitalization:-

Housing Development Finance Corporation Limited (HDFC)

Housing Development Finance Corporation Limited (HDFC) is the largest housing finance company in India by market capitalization. HDFC was founded in 1977. It was promoted by Industrial Credit and Investment Corporation of India.

HDFC

Indiabulls Housing Finance Limited

Indiabulls Housing Finance Limited is the second largest housing finance company. It is a part of Indiabulls Group which is one of the leading business conglomerate of India. Indiabulls Housing Finance Ltd. is a ‘AAA’ rated company and is regulated by National Housing Board. It has over 220 branches in 110 cities.

Indiabulls Housing Finance

Gruh Finance
LIC Housing Finance Limited

LIC Housing Finance Limited is promoted by Life Insurance Corporation of India (LIC). It was incorporated on 19 June 1989 and it is one of the leading housing finance companies of India. It provides home loans to individuals, builders and development authorities. It provides home loans to NRIs also..

LIC Housing Finance Limited

Gruh Finance Limited

Gruh Finance Limited is a subsidary of HDFC Limited – the pioneer of housing finance in India. It was promoted by HDFC and AKFED in 1986 and is registered with National Housing bank(NHB). It also provide home loan to self employed people with no formal income proof. Loan is also available for professionals interested in buying office space.

Gruh Finance Limited

PNB Housing Finance Limited

PNB Housing Finance Limited is a housing finance company incorporated in 1988. It was promoted by Punjab National Bank, a state-owned corporation based in New Delhi.. It deals in home loan, non-home loans and deposits.

PNB Housing Finance Limited

Dewan Housing Finance Corporation Limited

Dewan Housing Finance Corporation Limited was incorporated in 1984 as Dewan Housing Finance and Leasing Co.  It focus on providing loan in affordable housing segment in towns, Tier II and Tier III cities. It is a deposit taking housing finance company.

Dewan Housing Finance Corporation Limited

Other leading housing finance companies include Repco Home Finance Limited, Can-Fin Homes Limited and GIC Housing Finance Limited.






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