Top 10 Leading Housing Finance Companies in India

The housing finance company serves as a critical help point for the well-deserving people and families associated with the Indian market who dream of owning their houses within their lifetime. These companies stand at the epicenter for enabling a growing demand for home loans by increasingly larger sets of people, offering homeownership by serving a set of innovative products and services to suit the differing interests of the customers. Housing finance market in India is on a growth path and the CAGR numbers are expectably to hit 20.58% by 2027. This impetus can be a culminant, or rather a perfect storm of a few things coming together. This is a profile of the top 10 leading housing finance companies in India, inched towards the year 2024, and their contribution to the realty landscape.

Largest Housing Finance Companies in India

1. HDFC Housing Finance:

HDFC Housing Finance

Home finance was pioneered by HDFC Home Finance. With a wide variety of products and a nationwide presence, HDFC Housing Finance leads the market with customer-centric and innovative solutions. The firm offers home loans covering up to 90% of the property cost at 8.50% to 9.00% per year, making homeownership affordable. Adjustable loan lengths up to 30 years from HDFC Housing Finance reduce repayments. They acquire plots, build houses, buy apartments, and renovate properties. HDFC Housing Finance handles loans easily with 588 nationwide locations. This simplifies loan applications and expands borrower access nationally. Debtors have more financial freedom since the company waives variable rate foreclosure charges.

Detail Information
Founded 1977
Industry Housing finance
Headquarters Mumbai, India
Website https://www.hdfc.com/
CEO Keki Mistry

2. LIC Housing Finance Limited:

LIC Housing Finance Limited

LIC Housing Finance Limited is recognized for its vast network and customer-centric services. LIC Housing Finance Limited is preferred by millions of homeowners owing to its affordability and transparency. Salaried, self-employed, and NRI home loans from LIC Housing Finance Limited are flexible and easy. Homebuyers may apply online or offline, making it easy. LIC Housing Finance Limited offers 30-year or 60-year loan durations, letting borrowers pursue homeownership at their own pace. LIC HFL house Loans provides 8.45% to 10.50% interest on house and apartment construction, purchase, and renovation.

Detail Information
Founded 1989
Industry Housing finance
Headquarters Mumbai, India
Website https://www.lichousing.com/
CEO Y. Viswanatha Gowd

Also See: Leading Vehicle Finance Companies in India

3. Indiabulls Housing Finance Limited:

Indiabulls Housing Finance Limited

Products from Indiabulls Housing Finance Limited are innovative and efficient. A customer-centric approach and technology-driven solutions help Indiabulls Housing Finance Limited simplify homeownership. Many consumers may afford the company’s rapid housing loans with several repayment options starting at 9.30%. Indiabulls Housing Finance Limited customizes interest rates based on customer profile, property value, loan amount, and tenure. No prepayment or foreclosure costs provide homeowners greater financial flexibility with floating mortgages. Construction, improvement, extension, rural, NRI, and balance transfer home loans from Indiabulls Housing Finance Limited.

Detail Information
Founded 2005
Industry Housing finance
Headquarters Gurugram, India
Website www.indiabullshomeloans.com
CEO Gagan Banga

4. ICICI Home Finance:

ICICI Home Finance

ICICI Bank’s home lending segment is known for low rates and flexible repayment options. ICICI Home Finance offers several financing options to satisfy client needs. Salaried and self-employed professionals may utilize ICICI Home Finance. Loans from Rs 3 lakh to Rs 5 crore may be applied for online in 10 minutes. Most funds are released within 72 hours, allowing quick financing. Low loan rates from 9.00% to 10.05% are available from ICICI Home Finance. Adding a co-applicant or lady co-borrower may lower interest rates. ICICI Home Finance offers flexible loans up to 30 years long that make repayments easier.

Detail Information
Founded 1996
Industry Housing finance
Headquarters Mumbai, India
Website https://www.icicihfc.com/
CEO Anirudh Kamani

5. L&T Housing Finance Limited:

L&T Housing Finance Limited

Larsen & Toubro’s L&T Home Finance Limited stresses innovation and customer satisfaction in affordable home finance solutions. Due to its constant pursuit of national growth, L&T Housing Finance Limited is the appropriate partner for your housing dream. Ready to acquire a home? Select L&T Housing Finance Limited! L&T Housing Finance Limited customizes land purchases, construction, upgrades, loan extensions, and transfers. Self-employed and fixed-income people may get housing loans from the organization. L&T Home Finance Limited’s customer-centric strategy and innovation make home finance easy and affordable. L&T Housing Finance Limited is your trusted partner, helping first-time buyers and upgraders achieve their housing goals with ease and confidence.

Detail Information
Founded 2008
Industry Housing Fiinance Service
Headquarters Mumbai
Website https://www.ltfs.com/
CEO Dinanath Dubhashi

6. PNB Housing Finance Limited:

PNB Housing Finance Limited

Punjab National Bank subsidiary PNB Home Loan Limited leads home loans with its customer-centric approach and transparency. PNB Home Finance Limited, one of the nation’s leading home finance organizations, provides a variety of loan options. Home loans from PNB Housing Finance Limited approach 90% of property value. These loans have competitive 8.75%–11.25% p.a. rates. Indians and NRIs may apply online or offline utilizing the easy method. India-wide branches make PNB Housing Finance Limited’s services accessible. PNB house Finance Limited provides flexible house loans up to Rs. 20 Crore for varied financial needs. The PNB Unnati Home Loan targets low-income households.

Detail Information
Founded 1988
Industry Housing finance
Headquarters Mumbai, India
Website https://www.pnbhousing.com/
CEO Girish Kousgi

7. Tata Capital Housing Finance Limited (TCHFL):

Tata Capital Housing Finance Limited

Tata Capital home financing Limited (TCHFL), a subsidiary of Tata Capital Limited, is known for its customer-focused approach and creative solutions in home financing. TCHFL helps purchasers become homeowners easily via ethical and transparent processes. Know Tata Capital Housing Finance Limited (TCHFL)? As a major housing financing organization, they provide house loans with interesting features for varied purposes. Up to 80% of the property cost may be financed at 8.60% to 10.10%. The 30-year loan term gives debtors repayment flexibility. Tata Capital Housing Finance Limited charges 0.5% to 2.0% of the loan amount + GST for processing. Borrowers can understand the loan application procedure with this open cost structure. Tata Capital Housing Finance helps people buy plots, build homes and apartments, and upgrade their properties.

Detail Information
Founded 2008
Industry Housing finance
Headquarters Mumbai, India
Website https://www.tatacapital.com/
CEO Rajiv Sabharwal

8. Edelweiss Housing Finance Limited:

Edelweiss

Edelweiss Housing Finance Limited offers customized loans and rapid customer service to enable individuals and families become homes as part of financial inclusion and affordability. Edelweiss Housing Finance Limited (HFL) lends to self-employed and salaried people for house building, purchase, repair, and refurbishing. Edelweiss Housing Finance Limited may finance up to 90% of the property value, making homeownership affordable. Affordable financing is offered by the organization at 8.50% to 16.45% interest rates. Edelweiss Housing Finance Limited offers 25-year loans with different repayment options for clients’ financial conditions and preferences. Families seeking homeownership trust Edelweiss Housing Finance Limited for tailored finance and excellent customer service.

Detail Information
Founded 2008
Industry Housing finance
Headquarters Mumbai, India
Website https://www.edelweisshousingfin.com/
CEO Rajat Avasthi

9. Fullerton India Home Finance Company Limited:

Fullerton India Home Finance Company Limited

Fullerton India Home Finance Company Limited focuses customer satisfaction and innovation to provide ambitious homeowners simple and transparent house financing choices. Homebuyers trust Fullerton India Home Finance Company Limited’s customer-centric approach. Fullerton India Grihashakti Home Loans support 75%–90% of property costs for salaried and self-employed people. It’s possible to pay 9.50% to 10.50%. A flexible repayment period of up to 30 years simplifies repayments. Salary borrowers must work for multinational, listed, government, private, partnership, or sole proprietorships. Self-employed company owners, single proprietors, hired professionals including doctors and architects, co-partnerships, private limited companies, privately held, and unlisted organizations may apply.

Detail Information
Founded 2010
Industry Financial services
Headquarters New Delhi, India
Website https://www.grihashakti.com/
CEO Deepak Patkar

10. Bajaj Housing Finance Limited:

Bajaj Housing Finance Limited

Bajaj Housing Finance Limited, a subsidiary of Bajaj Finance Limited, provides affordable interest rates and flexible financing to promote customer convenience and transparency. Since it helps individuals and families become homeowners, Bajaj Housing Finance Limited is a valued partner. Processing costs, up to 1% of the loan amount, GST, and other regulatory fees maintain cost transparency. Bajaj Housing Finance Limited lends up to Rs. 3.5 crore for house purchases, construction, and development. It offers affordable rates, bespoke solutions, and flexible payback options to meet individual needs. The minimum monthly income for applicants is Rs. 30,000, making it accessible to many borrowers.

Detail Information
Founded 13-Jun-08
Industry Housing finance
Headquarters Pune, Maharashtra, India
Website https://www.bajajhousingfinance.in/
CEO Atul Jain (Managing Director)

Conclusion

The top 10 leading housing finance companies in India provide a very crucial role in making homeownership accessible and affordable to millions of Indians. Innovation-led products, customer-centered approach, and commitment to excellence are few of the offerings that these companies bring on the table, which continue to drive growth and development in this sector, make their presence known, and enable people and families to realize their dream of owning a home.

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