“To enable home ownership amongst lower and middle income Indian families by providing hassle free housing loan assistance towards acquiring affordable housing units thereby enhancing housing stock in India”
The Company has a robust technology platform built with an aim to enable end to end processing (from sourcing to disbursement to collections) of home loan applications
AHFCL currently operates from 120 locations covering Maharashtra, Madhya Pradesh, Gujarat, Telangana, Andhra Pradesh, Tamil Nadu, Karnataka, Rajasthan, Chhattisgarh.
AHFCL has tie ups with builders / developers focused on affordable housing and DSAs / Channel Partners / Referral Partners and Connectors thereby constituting a strong sourcing network. The Company has also empanelled quality lawyers and technical valuers at the locations to have an independent view on the properties to be financed.
AHFCL has been rated “CRISIL A+/Stable” by CRISIL and “[ICRA]AA-(Stable)” by ICRA for long term borrowings and “ICRA A1+” by ICRA for short term borrowings
AHFCL is a subsidiary of MotilalOswal Securities Limited (MOSL) which is a part of MotilalOswal Financial Services Limited (MOFSL). MOFSL is a well-diversified, financial services company focused on wealth creation for all its customers, such as institutional, corporate, HNI and retail. Its services and product offerings include retail broking & financial products distribution, institutional broking, private wealth management, investment banking, private equity (growth capital and real estate), asset management and home finance. The company distributes these products through over 2200 business locations spread across 600+ cities and the online channel to over 850000 registered customers. MOFSL has strong research capabilities, which enables them to identify market trends and stocks with high growth potential, facilitating clients to take well- informed and timely decisions.