India Home Loan

India Home Loan Limited (IHLL) is one of the fastest growing Affordable Housing Finance companies in the country. The Company offers various loan products for purchase, construction, extension and improvement of houses. It caters to individuals and families belonging to the Economically Weaker Section (EWS), Low Income Group (LIG) and Middle Income Group (MIG) residing in the periphery of semi-urban and urban India. IHLL is registered as a Non-deposit taking Housing Finance Company with the National Housing Bank (NHB), and qualifies for Priority Sector Lending as per RBI guidelines. IHLL is listed on the Bombay Stock Exchange. The company primarily operates in three business segments: Housing Loans with an average ticket size of Rs. 7.5 lakh, Loan Against Property (LAP) with a ticket size of Rs. 10-50 lakh, and Developer Loans with a ticket size of Rs. 1.0-5.0 crore. It specializes in providing affordable loans to families from the self-employed category, where proofs of income are not easily available and repayment capacity is appraised based on cash flows. IHLL has an established presence in Maharashtra and Gujarat and has recently forayed into Rajasthan.