A Housing Finance Company is the non-banking financial company that is completely engaged in providing finances of acquisitions or the construction of houses. These are responsible for the development of plots for the construction of new houses.
Top 10 Housing Finance Companies in India
The process of taking the home loans has become a lot easier now by the e-loans provided by the Housing Finance Companies. These companies act as a bridge that helps the people in building up their dream homes with the aid of various banks who offer the best home loans.
Here are the top 10 Housing Finance Companies that aid at providing convenient and hassle-free process in less time
1. Can Fins Home limited – The CFHL provides the housing loans to individuals, builders or developers and the loan against the properties. The company accepts both the fixed deposit and accumulated deposits. With the market value of 0.31 billion dollars, the company has 491 employees in total. It is one of the best known house financing company.
2. Birla Global Finance Limited– It is one of the reputed non banking financial company. The company has maintained an expressive presence throughout the verticals of life insurance, wealth management and wealth distribution. It aims in providing integrated financial services.
3. Dewan Housing Finance Corporation Limited– The DHFL home loans are the most known home loans among the people of India. They provide easy and convenient house loans in less time. DHFL is now found in 550 locations across the India, serving 64% of the total states.
4. DSP Merrill Lynch Limited– This finance company is one of the oldest Housing Finance Companies in India. It provides research, equity trades, equity capital markets and electronic trading services. The company basically focuses on research and investing information.
5. PNB Housing Finance Limited– PNB Housing Finance Limited is operated under the public sector in the finance industry in India. The finance company provides the facilities of home loans, home extension loans, home construction loans, home improvement loans and lease rental discounting. The company accepts public deposits
6. L&T Finance Limited– The company provides home loans, construction loans as well as the personal loans. It is a non banking financial company that provides a wide range of financial products and services. LNT Finance Limited supports Retail and Mid market Finance, Wholesale finance and Investment Management.
7. IDBI Home Finance Limited– This Housing Finance Company works under the scheme of government in India. The company offers flexible loan re-payment options. An extensive range of home loan products is available for the convenience of the customers. There are customized home loan features for the salaried people and self employed professionals.
8. ICICI Group– The ICICI bank is a multinational bank with the facilities of providing customised financial services and help to the clients. It provides the term loans to the corporate and retail and retail customers throughout the India. The services provided include specialisation in investment banking, life insurances and asset management.
9. LIC Housing Finance Limited– The company works under the Life Insurance Corporation of India. It provides the Relience Mutual Fund in two sectors – Mortgage loans and Home loans. Both the loans are given at a good interest rate. The company also provides long term finance to people engaged in business of construction.
10. State Bank of India Home Finance– The company is counted as one of the best home loan providing company in India. It offers a wide array of best home policies and schemes with complete reliability and security. The loans are easy to achieve and convenient to pay. The features of SBI home loans have been more beneficial than the other home finance companies.