India Home Loan Ltd

What India Home Loan Ltd does

India Home Loan Limited (IHLL) is a BSE-listed Housing Finance Company headquartered in Mumbai, India, operating since 1990 under a license from the National Housing Bank (NHB) and qualifying for Priority Sector Lending status. The company provides housing finance to the Economically Weaker Section (EWS), Low Income Group (LIG), and Middle Income Group (MIG) segments across Maharashtra, Gujarat, and Rajasthan, with a specialty in serving self-employed borrowers — including drivers, barbers, rickshaw drivers, and vegetable vendors — who lack formal income documentation. Repayment capacity for these customers is appraised on cash-flow rather than traditional income-proof.

IHLL's product portfolio comprises four core offerings: Housing Loans (ticket size Rs. 1-15 lakh, average Rs. 7.5 lakh, up to 80% of property value or Rs. 20 lakh), Loan Against Property (up to 60% of property value for land purchase, business expansion, education, or personal expenses), Project Finance (for business expansion, diversification, and modernization), and Mortgage Loans. Pricing is interest-bearing at 12-16% per annum for salaried borrowers and 14-16% for self-employed, with an APR of 14-18%, plus a Rs. 3,000 non-refundable processing fee and up to 3% of loan amount in loan processing charges.

The go-to-market combines a four-branch direct retail network (Mumbai HQ, Jalgaon, Ahmedabad, Surat) with doorstep service, a formalized DSA (Direct Selling Agent) channel, online EMI calculators and application intake, and participation in PMAY (Pradhan Mantri Awas Yojana) approved projects. Core technology is not disclosed and there is no consumer app, API surface, or documented AI/ML capability; underwriting leans on physical documentation, field-based relationship managers, and bespoke cash-flow-based eligibility assessment. The legal entity is India Home Loan Limited, a public listed company governed by a Board with Audit, Nomination & Remuneration, and Stakeholders Relationship committees, led by CEO Mahesh Pujara, Whole-Time Director Mitesh Pujara, CFO Maulesh Popat, and Company Secretary Akash Das.

Name

India Home Loan Ltd

Legal name

India Home Loan Limited

Website

https://indiahomeloan.co.in

Company type

Public

Founded year

1990

Operating status

Operating

Headcount range

51–100 employees

Short description

India Home Loan Limited (IHLL) is a BSE-listed, NHB-licensed housing finance company headquartered in Mumbai, India, providing affordable home loans and loan-against-property products to the EWS, LIG, and MIG segments in Maharashtra, Gujarat, and Rajasthan since 1990.

Ownership category

akta.pro rank

Product category

Housing Finance

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Renovation Mortgage Origination (FHA 203(k), HomeStyle, CHOICERenovation) (FSALAAAL)

akta.pro secondary industries

Closed-End Home Equity Loans (Second Mortgages) (FSALAGAA), New Construction-to-Perm (Single-Family Owner-Occupied) (FSALAHAA)

Keywords

• Housing finance
• Home loans
• Loan against property
• Affordable housing
• Mortgage lending

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Housing Loans: Provides home loans to individuals for purchase, construction, extension and renovation in the affordable housing segment. Ticket size ranges from Rs. 1-15 lakh with average loan of Rs. 7.5 lakh. Loans offered up to Rs. 20 lakh or 80% of property value.
2. Loan Against Property: Loans against self-occupied residential properties allowing customers to borrow up to 60% of property value for purposes like land purchase, business expansion, education, or personal expenses.
3. Project Finance: Tailored project finance solutions for businesses across various industries for expansion, diversification, modernization, or new project initiation.
4. Mortgage Loans: Competitive mortgage loans with flexible terms and low interest rates for property financing.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

India Home Loan Ltd is a BSE-listed Housing Finance Company that provides housing loans to individuals in the affordable segment (EWS, LIG, MIG) in India, with ticket sizes typically ranging from Rs. 1-15 lakh (average Rs. 7.5 lakh). Its core offerings include Housing Loans (purchase, construction, extension, renovation), Loan Against Property, Project Finance, and Mortgage Loans, with a specialization in serving self-employed borrowers without formal income documentation. The company operates a doorstep service model across Maharashtra, Gujarat, and Rajasthan, and is licensed by the National Housing Bank.

Product overview

India Home Loan Ltd operates as a BSE-listed Housing Finance Company serving India since 1990, offering a portfolio of loan products tailored for affordable housing. The core product suite consists of four main offerings: Housing Loans (for home purchase, construction, extension and renovation with loans up to Rs. 20 lakh), Loan Against Property (up to 60% of property value), Project Finance (for business expansion and new projects), and Mortgage Loans. The company specializes in serving economically weaker sections, self-employed individuals, and those without formal income proof, appraising repayment capacity based on cash flows rather than traditional income documentation.

Differentiator

Problem solved

Functional benefit

Products and services

• Housing Loan Home loans for purchase, construction, extension and renovation targeting economically weaker sections and self-employed individuals, with ticket size of Rs. 1-15 lakh (average Rs. 7.5 lakh) and loan amounts up to Rs. 20 lakh or 80% of property value.
• Loan Against Property Loans against self-occupied residential properties allowing customers to borrow up to 60% of the property's market value for purposes such as land purchase, business expansion, education, or personal expenses.
• Project Finance Tailored project finance solutions for businesses across various industries for expansion, diversification, modernization, or new project initiation, with competitive interest rates and flexible repayment options.
• Mortgage Loans Competitive mortgage loans with flexible terms and low interest rates for purchasing homes.

Quantifiable outcome

• Loan eligibility based on cash flows for self-employed
• +2 more outcomes

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Market position

Weaknesses5 records

Competitive moat3 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about India Home Loan Ltd