Truhome Finance
Truhome Finance is an Indian affordable housing finance company providing secured home loans and loans against property to creditworthy self-employed customers in semi-urban and peri-urban markets via a 200+ branch network and digital channels, and is majority-owned by Warburg Pincus.
- Company typePrivate
- Founded2010
- HeadquartersChennai, India
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What Truhome Finance does
Truhome Finance Limited is an Indian affordable housing finance company founded in 2010 (originally as Shriram Housing Finance Limited) and headquartered in Chennai with a head office in Mumbai. The company provides secured lending products — primarily home loans and loans against property — to creditworthy self-employed customers in semi-urban and peri-urban markets across metropolitan and Tier I-III cities in India. It is the third-largest affordable housing finance company in India by assets under management, with Rs 21,124 crore of AUM as of December 2025, 100,000+ customers, and the fastest AUM CAGR (48.58%) among affordable HFCs over FY23-FY25.
Its core product suite includes Home Loans, Home Loan Balance Transfer, Loan Against Property (residential and commercial), Home Extension Loans, Home Improvement Loans, Home Loan Top-Ups, and New Plot + Home Construction Loans. Truhome runs a sales-led distribution model through 200+ branches across 19 states and Union territories, supported by a digital platform comprising a website, iOS/Android mobile app, customer portal, EMI and eligibility calculators, and online application processing. Average ticket size is Rs 2.13 million with interest rates of 8.50%-22.00% p.a. and login fees between Rs 1,000 and Rs 5,000.
Revenue is generated primarily through interest income on the housing loan portfolio. Truhome is majority-owned by Warburg Pincus (98.59% stake via Mango Crest Investment Limited) following a December 2024 acquisition that included a Rs 1,200 crore equity infusion, with an additional Rs 417 crore infused in October 2025. For FY26 (year ended March 2026), the company reported revenue of Rs 2,482.59 crore (up 30.35% YoY) and net profit of Rs 490.54 crore. SEBI approved a Rs 3,000 crore IPO in June 2026 with shares proposed to list on NSE and BSE.
Truhome Finance firmographics
Firmographics- Name
- Truhome Finance
- Legal name
- Truhome Finance Limited
- Website
- https://truhomefinance.in
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Truhome Finance is an Indian affordable housing finance company providing secured home loans and loans against property to creditworthy self-employed customers in semi-urban and peri-urban markets via a 200+ branch network and digital channels, and is majority-owned by Warburg Pincus.
- Ownership category
- akta.pro rank
Truhome Finance industry classification
Industry- Product category
- Housing Finance
- NAICS
- Nondepository Credit Intermediation (5222)
- SIC
- Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- Hard Money & Private Mortgage Lending Intermediation (FSAEAEAH)
- akta.pro secondary industry
- Real Estate / Property-Backed Marketplace Lending (Non-mortgage) (FSAKAHAG)
Keywords
Where Truhome Finance is headquartered
LocationHeadquarters
- HQ city
- Chennai
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Truhome Finance business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Interest Income from Housing Loans: Primary revenue stream from providing home loans to customers. The company offers housing loans, loans against property, home extension loans, home improvement loans, and home loan balance transfer. Interest rates range from 8.50%-22.00% based on product category and borrower risk categorization.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Home Loans with interest rates from 8.50%-22.00% p.a. |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Truhome Finance product offering
Product offeringCore offering
Truhome Finance is an affordable housing finance company that provides secured lending products for the acquisition or construction of residential properties. Its core offering includes Home Loans, Home Loan Balance Transfer, Loans Against Property (residential and commercial), Home Extension Loans, Home Improvement Loans, Home Loan Top-Ups, and Plot + Home Construction Loans, distributed through a 200+ branch network and digital channels. The company targets primarily self-employed, creditworthy borrowers in semi-urban and peri-urban India.
Product overview
Truhome Finance is an affordable housing finance company offering a suite of secured lending products centered on home loans and loans against property. The core product portfolio includes Home Loans, Home Loan Balance Transfer, LAP (Loan Against Property) for both residential and commercial properties, Home Extension Loans, Home Improvement Loans, Home Loan Top Ups, and New Plot + Home Construction Loans. The company targets primarily creditworthy self-employed customers in semi-urban and peri-urban markets with products designed for accessibility and affordability, featuring an average ticket size of Rs 2.13 million as of December 2025.
Differentiator
Problem solved
Functional benefit
Products and services
- Home Loan Standard home loan product for purchasing residential property, with income eligibility starting from Rs 8,000 monthly and loans up to 90% of property value. Designed for self-employed and salaried borrowers in semi-urban and peri-urban India.
- Home Loan Balance Transfer Balance transfer facility allowing customers to transfer existing home loans to Truhome Finance at attractive interest rates with instant in-principal approval, reducing EMI burden.
- LAP Residential Loan Loan against residential property providing quick approvals with competitive interest rates and flexible repayment terms for business or personal funding needs.
- LAP Commercial Loan Loan against commercial property with funding available for up to 25 years tenure, designed for business owners using commercial property as collateral.
- Home Extension Loan Loan product for extending existing residential properties, available for properties starting at 300 sq.ft.
- Home Improvement Loan Loan for home repairs and renovations, with financing available up to Rs 10 Crores with low processing fees and fast approvals.
- Home Loan Top Up Additional loan on top of existing home loan, providing funding up to Rs 10 Crores with low processing fees and fast approvals for existing Truhome customers.
- New Plot + Home Construction Loan Combined loan product covering both plot purchase and home construction with instant in-principal approval and simplified paperwork.
Quantifiable outcome
- Fastest growing affordable housing finance company with 48.58% AUM CAGR over FY23-FY25
- +2 more outcomes
Companies that use Truhome Finance
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles2 records
Truhome Finance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Truhome Finance partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor.
- Catalyst Trusteeship LimitedminorDebenture trustee for Truhome Finance's debt instruments. Located in Pune.
- Beacon Trusteeship LimitedminorDebenture trustee for Truhome Finance's debt instruments. Located in Mumbai.
- Vardhaman Trusteeship Pvt LimitedminorDebenture trustee for Truhome Finance's debt instruments. Located in Mumbai.
Scale indicators12 records
Recent moves9 records
Expansion highlights6 records
Truhome Finance competitors and assessment
Company assessmentDirect peers
- Aadhar Housing Finance: Largest affordable HFC in India with similar target segment (self-employed, semi-urban borrowers) and comparable product suite of home loans and LAP. Most directly comparable in scale, business model, and customer profile to Truhome.
- Bajaj Housing Finance: Rapidly growing HFC with overlapping product suite spanning home loans, LAP, and balance transfer. Recently listed with substantial pan-India distribution and a similar focus on the affordable-to-mid housing segment.
- Aavas Financiers: Affordable housing specialist targeting self-employed and salaried customers in semi-urban and rural India. Directly comparable in customer segment, ticket size, and underwriting approach to thin-file borrowers.
- Can Fin Homes: Established housing finance company with pan-India branch network offering home loans and LAP. Comparable in product mix and branch-led distribution model, though serving a broader customer base including salaried borrowers.
- Home First Finance: Affordable HFC targeting self-employed and salaried customers in low and mid-income segments. Directly comparable in customer persona, geographic focus on tier-2/tier-3 markets, and product positioning.
- IIFL Home Finance: Affordable housing finance arm of IIFL Group serving self-employed customers in semi-urban markets. Directly comparable in customer segment, product suite, and distribution-led model.
Broad incumbents
- PNB Housing Finance: Large diversified HFC with substantial pan-India retail presence. Operates broadly across housing finance with affordable housing as one segment among many, offering overlapping but wider product portfolio than Truhome.
- LIC Housing Finance: Largest HFC in India by AUM with broad retail home loan franchise. Competes with Truhome in prime housing and increasingly in affordable segments, but with significantly larger scale and more diversified customer base.
- HDFC Bank: Dominant mortgage lender post HDFC Ltd merger with massive deposit-funded balance sheet. Competes in affordable housing through aggressive rate offerings, but as part of a diversified banking franchise rather than a focused affordable HFC.
Others
- Shriram Finance: Parent group NBFC (formerly Shriram City Union Finance) from which Truhome was carved out and originally incubated. Related through shared Shriram legacy, board lineage, and capital infusion history, though now operates as a separate entity under Warburg Pincus control.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Truhome Finance social profiles
Digital presenceTruhome Finance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Truhome Finance leadership team
Management profileNumber of profiles
Profiles7 records
Truhome Finance funding detail
Funding detailFunding overview
Funding rounds4 records
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Truhome Finance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Truhome Finance
What does Truhome Finance do?
Truhome Finance is an affordable housing finance company that provides secured lending products for the acquisition or construction of residential properties. Its core offering includes Home Loans, Home Loan Balance Transfer, Loans Against Property (residential and commercial), Home Extension Loans, Home Improvement Loans, Home Loan Top-Ups, and Plot + Home Construction Loans, distributed through a 200+ branch network and digital channels. The company targets primarily self-employed, creditworthy borrowers in semi-urban and peri-urban India.
Is Truhome Finance a public or private company?
Truhome Finance is a private company. It is classified as private equity controlled and is currently operating.
When was Truhome Finance founded?
Truhome Finance was founded in 2010. It employs 1,001 to 5,000 people.
Where is Truhome Finance based?
Truhome Finance is headquartered in Chennai, India, in the Asia region.
How does Truhome Finance make money?
One revenue line is on record: interest Income from Housing Loans.
Who are Truhome Finance's main competitors?
Direct peers on record are Aadhar Housing Finance, Bajaj Housing Finance, Aavas Financiers, Can Fin Homes, Home First Finance and IIFL Home Finance. Broad incumbents are PNB Housing Finance, LIC Housing Finance and HDFC Bank. Shriram Finance is listed as an others.
Does Truhome Finance have an API?
No public API is recorded for Truhome Finance.
What industry is Truhome Finance in?
Truhome Finance's product category is Housing Finance. Its primary akta.pro industry code is FSAEAEAH, Hard Money & Private Mortgage Lending Intermediation, with a secondary code of FSAKAHAG, Real Estate / Property-Backed Marketplace Lending (Non-mortgage). Its NAICS code is 5222 and its SIC code is 6162.