IIFL Home Finance Ltd. aims for ₹ 9,500 Crore AUM in south region this financial year
Hyderabad : IIFL Home Finance Ltd., India’s fastest-growing digital-first home finance company, has set its sights on achieving ₹ 9,500 crore assets under management (AUM) target in the southern region for the current financial year. The company’s robust growth strategy includes focusing on various housing schemes, such as Affordable Housing Projects (AHP) and Beneficiary Led Construction (BLC) schemes.
With an overall portfolio aimed at providing affordable homes to the masses, IIFL Home Finance Ltd. has successfully catered to the housing needs of thousands of individuals and families. IIFL Home Finance Ltd.’s commitment to ensuring housing affordability is evident through its exemplary performance in Andhra Pradesh and Telangana. As of November 30th 2023, IIFL Home Finance Ltd has disbursed about ₹ 4,495 crore in the state, with a significant portion of approximately ₹ 310 crore are allocated under the BLC scheme and remaining ₹ 3,598 crore for Affordable HL. The strong presence of IIFL Home Finance is demonstrated by its network of over 60 branches in the states of Andhra Pradesh & Telangana.
Mr. Kranth Namala, Zonal Sales Head, South, IIFL Home Finance Ltd. said, “IIFL Home Finance Ltd. is committed to enabling every person and family to fulfil their ambition of owning a house by facilitating sustainable homeownership. Our goal is to strengthen our presence in AP and Telangana. We want to close this fiscal year with an AUM of ₹ 9,500 crore. Through our home financing solutions, we are devoted to improving lives and will never waver in our commitment to provide affordable housing options.”
The mission of IIFL Home Finance Ltd. is to make the process of buying a house as simple and hassle-free as possible for each customer. As a fintech housing finance firm, IIFL Home Finance Ltd. is committed to employing 100% digital onboarding and future-ready technologies.