What National Housing Finance & Investments does

National Housing Finance PLC (operating as National Housing Finance & Investments Limited, NHF/NHFIL) is a Bangladesh-based, publicly listed non-banking financial institution founded in 1998 and headquartered in Gulshan-2, Dhaka. The company specializes in housing finance - principally home mortgage loans (flat purchase, self-construction, renovation, plot purchase, commercial space), supplemented by term and lease finance plus SME products (SONIRVOR, SONIRVOR NARI for women entrepreneurs, JAGARON, KRISTI, agro-processing, JICA Fund), and funded by a diversified deposit franchise that includes term deposits, savings schemes and goal-based instruments (Millionaire, Kotipoti, Education Pension, Mohila, Hajj). Conventional operations are paired with a Shariah-compliant Islamic Banking Wing launched in April 2024 under the Shariah Best Islamic Wing brand, which offers Mudaraba-based deposits and HPSM-based investments and is overseen by a four-member Shariah Supervisory Committee. Distribution combines a 10-branch, 3-sales-center physical network spanning Dhaka (3 branches), Chattogram, Khulna, Gazipur, Rajshahi, Rangpur, Bogura and Feni with referral-based MoUs signed with major domestic real estate developers (Assure Group, JBS Holdings, Starpath Holdings, The Structural Engineers Limited, Union Development, Gemcon City, BTI) and basic self-service digital origination via the company website.

The business model is straightforward NBFI intermediation: collect deposits from retail and corporate savers, source refinance from Bangladesh Bank (including a CMSME facility signed August 2022), and lend at a spread across mortgage, SME, and term-loan books. Revenue is generated through interest/profit income on disbursed loans and investment returns from deposits placed with banks; per-deal pricing is competitive and variable but not publicly disclosed. Customers span middle-class and lower-middle-class individual home buyers, SME/CMSME entrepreneurs (including women-led businesses), non-resident Bangladeshis, senior citizens, Shariah-sensitive customers, and real estate developers. Institutional ownership is anchored by three banks and seven insurance companies as founding sponsors, with shares traded on the Dhaka Stock Exchange; the company reported shareholders' equity of Tk. 2,182.23 million and net profit of Tk. 261.28 million for FY2021, holds a CRISL credit rating of AA- (long term) / ST-2 (short term) with stable outlook, and declared a 10% stock dividend for FY2024 at its 26th AGM in September 2025.

Name

National Housing Finance & Investments

Legal name

National Housing Finance and Investments Limited

Website

https://nationalhousingbd.com

Company type

Public

Founded year

1998

Operating status

Operating

Headcount range

101–250 employees

Short description

National Housing Finance PLC is a Bangladesh-based, publicly listed non-banking financial institution founded in 1998, providing home mortgage loans, SME financing, term deposits, and - since April 2024 - Shariah-compliant Islamic financing through 10 branches and 3 sales centers across major Bangladeshi cities, serving middle-class home buyers and small enterprises.

Ownership category

akta.pro rank

Product category

Housing Finance

NAICS

Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (52218)

SIC

Mortgage Bankers & Loan Correspondents (6162), Finance Services (6199)

akta.pro primary industry

New Construction-to-Perm (Single-Family Owner-Occupied) (FSALAHAA)

akta.pro secondary industries

Commercial/Non-Residential Construction-to-Perm Financing (FSALAHAE), Islamic Corporate Banking (FSABAGAC)

Keywords

• Housing finance
• Home loan services
• Deposit schemes
• Islamic financing
• Small business lending

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices14 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Home Mortgage Loans: Primary revenue stream from providing home finance products including flat purchase loans, self-construction loans, renovation loans, housing plot purchase, and commercial space purchase. Revenue generated through interest charged on loan disbursements over loan tenures typically up to 20 years.
2. SME and Term Loans: SME financing products (SONIRVOR, SONIRVOR NARI, JAGARON, KRISTI, SME Agro Processing) and term loans (Term Finance, Lease Finance) generating revenue through interest income on disbursed loans.
3. Fixed and Scheme Deposits: Acceptance of customer deposits including term deposits, savings schemes (Monthly Savings Scheme, Millionaire Scheme, Kotipoti Scheme, Education Pension), and fixed deposits. Deposits serve as funding source for lending operations.
4. Islamic Finance (HPSM): Islamic home investment products under HPSM (House Building Investment) mode based on diminishing musharakah or similar Shariah-compliant structures, generating revenue through rent/profit portion on investments.
5. Islamic Deposits (Mudaraba): Shariah-compliant deposit products including Mudaraba Term Deposits, Mudaraba Housing Deposit Scheme, Mudaraba Monthly Saving Scheme, and other Islamic scheme deposits generating profit-sharing returns for depositors.
6. Project Loans: Financing for real estate development projects, generating interest income on project-based lending.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

National Housing Finance PLC is a non-banking financial institution (NBFI) that provides housing finance and SME/term lending in Bangladesh. It finances the acquisition, construction, renovation, and purchase of houses, plots, apartments, and commercial spaces through home mortgage, group home, renovation, and commercial property loans, alongside SME loans, term loans, and lease finance. It funds these activities by accepting term deposits and a range of savings schemes. Since April 2024 it also operates a Shariah-compliant Islamic Banking Wing offering Mudaraba-based deposits and HPSM-based home, commercial, and lease investments.

Product overview

National Housing Finance PLC is a specialized housing finance institution operating in Bangladesh since 1998, offering a comprehensive suite of financial products through both conventional and Islamic (Shariah-compliant) banking divisions. The company operates a platform model with two main product lines: (1) conventional loan products including home mortgages (Flat Purchase, Self Construction, Group Home Loan, Renovation, Housing Plot, Commercial Space), term loans, lease finance, and SME loans (SONIRVOR, SONIRVOR NARI, JAGARON, KRISTI, Agro Processing, JICA Fund); (2) conventional deposit products including Term Deposits, Senior Citizen Deposits, Periodical Income, Money Multiplier, Housing Deposit, Education Pension, Mohila Savings, Monthly Savings, Millionaire, and Kotipoti Schemes; (3) Islamic Banking Wing (Shariah Best Islamic Wing) launched April 2024 providing Mudaraba-based term deposits and HPSM (Hire Purchase Shirkatul Melk) investment products for home purchase, construction, renovation, commercial buildings, machinery, vehicles, and SME financing. The company also provides an EMI Calculator tool for loan planning. The institution serves customers across multiple cities in Bangladesh including Dhaka, Gazipur, Chittagong, Feni, Rajshahi, Bogura, and Rangpur.

Differentiator

Problem solved

Functional benefit

Brands

• Shariah Best Islamic Wing: Islamic financing wing of National Housing Finance PLC offering Shariah-compliant home investment and deposit products under Mudaraba and HPSM modes.

Products and services

• Flat Purchase Loan Home mortgage loan for purchasing apartments in Dhaka, Gazipur, Chittagong, Feni, Rajshahi, Bogura, and Rangpur, with up to 20-year tenure.
• Self Construction Loan Loan for constructing a dream house on own land with flexible financing options for individual home builders.
• Group Home Loan Home loan for purchasing land collectively in groups, designed for middle-class and lower-middle-class buyers in Dhaka and major cities.
• NRB Home Financing Scheme Home financing product designed for Non-Resident Bangladeshis (NRBs) to purchase property in Bangladesh from abroad.
• Renovation Loan Loan for decorating and improving facilities of existing apartments or houses with modern amenities.
• Housing Plot Purchase Loan Loan for purchasing housing plots for residential purposes.
• Commercial Space Purchase Loan Loan for purchasing commercial spaces such as offices, shops, or chambers.
• Any Purpose Property Loan Flexible loan product for any property-related purpose.
• Project Loan Loan financing for housing or real estate development projects undertaken by developers.
• Term Finance Term loan for business or investment purposes with fixed repayment schedules.
• Lease Finance Lease financing for equipment, machinery, or assets.
• SONIRVOR SME Loan SME financing product for small and medium enterprises for working capital and growth.
• SONIRVOR NARI SME Loan SME financing product specifically designed for women entrepreneurs.
• JAGARON SME Loan SME financing product for entrepreneurs.
• KRISTI SME Loan SME financing product for various business sectors.
• SME for Agro Processing Industries Loan SME loan targeting agro-processing industries for value chain development.
• Loan under JICA Fund SME financing provided under the Japan International Cooperation Agency (JICA) refinance scheme.
• Term Deposit Fixed term deposits for 3, 4, 5, 6, 9, 12, 13, 15, 24, and 36 months with competitive interest rates and auto-renewal options.
• Senior Citizen Term Deposit Term deposit product exclusively for senior citizens (59 years and above) with higher profit rates.
• Periodical Income Scheme Deposit product allowing profit withdrawal on monthly, quarterly, half-yearly, or yearly basis for fixed terms.
• Money Multiplier Scheme Deposit scheme where money can grow multiple times over a period of time.
• Housing Deposit Scheme Deposit scheme offering flat/home ownership with home loan facility of up to 4 times the savings amount.
• Education Pension Scheme Savings scheme for meeting future educational expenses of children.
• Mohila Savings Scheme Exclusive savings scheme for female customers for maximizing savings with higher returns.
• Monthly Savings Scheme (MSS) Monthly deposit scheme providing secure savings for future financial security.
• Millionaire Scheme Deposit product designed to help depositors become millionaires through flexible monthly savings over an appropriate tenure.
• National Housing Kotipoti Scheme Scheme enabling depositors to become owners of BDT 1 crore through affordable monthly savings over a defined period.
• Shariah Best Islamic Wing Shariah-compliant Islamic financing division offering both liability (deposits) and asset (investment) products managed under Mudaraba and HPSM (Hire Purchase Shirkatul Melk) modes, supervised by a Shariah Supervisory Committee.
• Mudaraba Term Deposit Receipt (MTD) Shariah-compliant term deposit account with attractive profit rates and auto-renewal on maturity.
• HPSM House Purchase Investment Islamic investment for purchasing houses, up to 70% of procurement cost based on client repayment capacity.
• HPSM Self Construction Investment Shariah-compliant investment for self-construction of houses up to 50% of construction cost with maximum 20-year tenure.
• HPSM Apartment Purchase Investment Islamic investment for apartment purchase up to 70% of procurement cost with repayment consideration.
• HPSM House Renovation Investment Islamic investment for house renovation or extension providing funds for construction materials.
• HPSM Flat Renovation Investment Islamic investment for flat renovation providing funds for construction materials.
• HPSM Group Home Investment Islamic investment for group-based home/land purchase for collective ownership.
• HPSM Group Investment/Land Purchase Islamic investment for purchasing land collectively, up to 50% of procurement cost.
• HPSM Car Investment Islamic lease investment for private or commercial vehicle procurement under HPSM mode.
• HPSM Machinery Investment Islamic lease investment for industrial machinery procurement under HPSM mode.
• HPSM Project Investment Islamic investment for commercial space/chamber projects, up to 50% of total procurement cost.
• Mudaraba Housing Deposit Scheme Islamic deposit scheme for flat/home ownership with monthly installments of BDT 5,000 and above for 7, 10, or 12 years.
• Mudaraba Monthly Probable Millionaire Scheme Islamic deposit scheme designed to make depositors millionaires with one million Taka paid on maturity.
• Mudaraba Monthly Probable Kotipati Scheme Islamic savings scheme for becoming owner of BDT 1 crore on maturity with tenure of 5, 10, 12, 15, or 18 years.
• Mudaraba Pension Deposit Scheme Islamic monthly deposit scheme with installments from BDT 2,000 to BDT 50,000 for 3, 4, 8, or 20 years.
• Mudaraba Mohila Saving Scheme Islamic savings scheme exclusively for women with monthly installments of BDT 2,000 and above for 3-12 years.
• Mudaraba Hajj Deposit Scheme Islamic savings scheme to help Muslims accumulate funds for performing Hajj pilgrimage over 1-25 years.
• CMSME Refinance Scheme (Islamic) Shariah-compliant refinance scheme for Cottage, Micro, Small, and Medium Enterprises (CMSME).
• Women Entrepreneur Refinance Scheme (Islamic) Islamic refinance scheme supporting women entrepreneurs with Shariah-compliant financing.

Quantifiable outcome

• Credit rating upgraded from A1 to AA- (very strong capacity for timely servicing of financial obligations with high safety and low risk)
• +3 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core.

• Assure GroupcoreGTM or Marketing Partner · 12 November 2025National Housing Finance PLC signed MoU with Assure Group on November 12, 2025. Under this partnership, apartment buyers of Assure Group will receive home loan facilities from NHF with easiest terms and shortest processing time.
• JBS Holdings LimitedcoreGTM or Marketing Partner · 28 October 2025MoU signed on October 28, 2025 enabling JBS Holdings' apartment buyers to access NHF home loans with simplified terms and expedited processing.
• Starpath Holdings LimitedcoreGTM or Marketing Partner · 14 February 2024MoU signed on February 14, 2024 between NHF and Starpath Holdings for providing home loan facilities to Starpath's flat buyers with simplified terms.
• Building Technology and Ideas Limited (BTI)coreGTM or Marketing Partner · 1 January 2022Strategic partnership signed in 2022 where BTI customers purchasing flats or offices receive NHF home loans with special interest rates and fee benefits.
• The Structural Engineers LimitedcoreGTM or Marketing PartnerStrategic partnership providing Structural Engineers' customers access to NHF home loans with quick processing and favorable terms.
• Union Development Technologies LimitedcoreGTM or Marketing PartnerMoU partnership enabling Union Development's flat buyers to obtain home loans from NHF with streamlined processing.
• Gemcon City LimitedcoreGTM or Marketing PartnerPartnership providing Gemcon City apartment purchasers access to NHF home loan facilities with preferential terms.

Scale indicators9 records

Recent moves9 records

Expansion highlights7 records

Direct peers

• Phoenix Finance & Investments: Smaller Bangladesh NBFI with similar deposit and SME loan products, useful as a comparable for NHFIL's scale tier.
• IDLC Finance Limited: One of Bangladesh's largest non-banking financial institutions offering housing loans, SME financing, and corporate finance. Overlapping product suite (home loans, SME products, deposits) and similar NBFI regulatory positioning make IDLC a direct peer.
• Industrial and Infrastructure Development Finance Company (IIDFC): Bangladesh NBFI offering project and corporate finance alongside SME products. Similar regulatory NBFI status and product overlap (term finance, SME lending) make IIDFC a relevant peer.
• LankaBangla Finance: Major Bangladeshi NBFI providing home loans, SME financing, term loans, and deposit products. Comparable business model and product breadth position LankaBangla as a direct peer to NHFIL.
• Delta Brac Housing Finance Corporation (DBH): Bangladesh's leading specialized housing finance company and NHFIL's closest direct competitor. DBH focuses exclusively on residential mortgage lending, has a similar branch network model, and is publicly listed on the Dhaka Stock Exchange, making it the most directly comparable peer.
• Prime Finance & Investment: Listed Bangladeshi NBFI providing loans, leases, and deposits. Comparable size band and product mix to NHFIL.
• Bay Leasing & Investment: Bangladesh NBFI offering lease finance, term loans, and deposit products with overlapping SME and consumer finance offerings.

Broad incumbents

• Islami Bank Bangladesh: Bangladesh's largest Islamic bank with full Shariah-compliant deposit, investment, and SME products. Relevant incumbent benchmark for NHFIL's Islamic Banking Wing product strategy and competitive positioning.
• BRAC Bank: Major Bangladeshi commercial bank with a housing loan portfolio, Astha retail housing products, and a substantially larger deposit base. Represents the bank-channel competitive threat to NHFIL's mortgage business.

Emerging players

• Shahjalal Islami Bank: Bangladesh Islamic bank offering Shariah-compliant deposit and housing investment products. Comparable Shariah governance structure and overlap with NHFIL's new Islamic Wing's product set make it a relevant emerging peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCCnjxPc8IPe9XkVw-2gDevA
• Facebookfacebook.com/nhfil
• LinkedInbd.linkedin.com/company/national-housing-finance-and-investments-ltd

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

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 National Housing Finance & Investments