Solid. Smart. Sustainable.

Over the years, we have focused on strengthening our SOLID footing through our digitally-enabled SMART solutions as we assist the construction of SUSTAINABLE homes through our operations. We believe that we can positively impact the Indian housing market through our business and approach as we diligently work to instrument the next wave of growth in the burgeoning home financing sector.

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Management Speak

Chairman’s Message
CEO’s Message

Letter from the Chairman

Our Company’s sustainability initiatives are inextricably linked to our success. We make conscientious efforts to support long-term sustainable projects through our ‘Kutumb’ and ‘Green Value Partner’ initiatives.

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Letter from the CEO

At IIFL Home Finance, sustainability is embedded in our core values. We focus on investing in Green Certified projects under our Project Loan vertical to ensure the advancement of sustainable and socially conscious development in India.

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Solid Milestones Through The Years

2006

Incorporated

Received registration certificate from National Housing Bank

2009

2014

Focus on affordable home loans

  • 12

    Branches

  • Aligned with ‘Housing for All’ & Credit Linked Subsidy Shceme (PMAY)
  • Conceived digital journey
  • 13 million+

    CLSS subsidy disbursed

  • 60 +

    CLSS beneficiaries

2015

2016

  • Enabled digital onbaording via Jhatpat APP
  • 160 billion refinance received from NHB
  • 14,000 +

    Customers

  • 59

    Branches

  • Conceived the idea of ‘Green Affordable Housing’ & launched Kutumb
  • Identified among top 3 PLI’s by NHB for facilitating subsidy under PMAY (U)
  • 8 billion cumulative finances with second refinance received from NHB
  • 27,500 +

    Customers

  • 79

    Branches

2017

2018

  • 2nd Best Performing PLI under CLSS for EWS/LIG, by MoHUA
  • 10 billion refinance from NHB, cumulative refinance of 18 billion
  • 50,000 +

    Customers

  • 127

    Branches

  • Expansion into tier 2 & 3 geographies
  • 7 billion refinance from NHB leading to cumulative refinance of 25 billion
  • 84,800 +

    Customers

2019

2020

  • 1,24,000 +

    Customers

  • 127

    Branches

  • 167,000 +

    Customers

  • 125

    Branches

  • 118,000 +

    Loan to first time home buyers

  • Collaborated with Asian Development Bank (ADB) through a Technical Assistance (TA) programme of US$ 10 million and a loan of US$ 58 million
  • Launched our 1st Green Sustainable Handbook
  • Enabled green pre-certified homes to 15,107 families through our Green Value Partners

2021

2022

  • 220,000 +

    Customers

  • 225

    Branches

  • 9 Chapters of ‘Kutumb’ conducted (Ahmedabad, Indore, Pune, Bangalore, Hyderabad, Delhi, Gujarat, AP & Telangana)
  • 2,075

    Participants

  • 1,570

    Developers

  • 61

    Experts

  • Certified ‘Great Place to Work’ 4th year in a row

2006

Incorporated

2009

Received registration certificate from National Housing Bank

2014

Focus on affordable home loans

  • 12

    Branches

2015

  • Aligned with ‘Housing for All’ & Credit Linked Subsidy Shceme (PMAY)
  • Conceived digital journey
  • 13 million+

    CLSS subsidy disbursed

  • 60 +

    CLSS beneficiaries

2016

  • Enabled digital onbaording via Jhatpat APP
  • 160 billion refinance received from NHB
  • 14,000 +

    Customers

  • 59

    Branches

2017

  • Conceived the idea of ‘Green Affordable Housing’ & launched Kutumb
  • Identified among top 3 PLI’s by NHB for facilitating subsidy under PMAY (U)
  • 8 billion cumulative finances with second refinance received from NHB
  • 27,500 +

    Customers

  • 79

    Branches

2018

  • 2nd Best Performing PLI under CLSS for EWS/LIG, by MoHUA
  • 10 billion refinance from NHB, cumulative refinance of 18 billion
  • 50,000 +

    Customers

  • 127

    Branches

2019

  • Expansion into tier 2 & 3 geographies
  • 7 billion refinance from NHB leading to cumulative refinance of 25 billion
  • 84,800 +

    Customers

2020

  • 1,24,000 +

    Customers

  • 127

    Branches

2021

  • 167,000 +

    Customers

  • 125

    Branches

  • 118,000 +

    Loan to first time home buyers

  • Collaborated with Asian Development Bank (ADB) through a Technical Assistance (TA) programme of US$ 10 million and a loan of US$ 58 million
  • Launched our 1st Green Sustainable Handbook
  • Enabled green pre-certified homes to 15,107 families through our Green Value Partners

2022

  • 220,000 +

    Customers

  • 225

    Branches

  • 9 Chapters of ‘Kutumb’ conducted (Ahmedabad, Indore, Pune, Bangalore, Hyderabad, Delhi, Gujarat, AP & Telangana)
  • 2,075

    Participants

  • 1,570

    Developers

  • 61

    Experts

  • Certified ‘Great Place to Work’ 4th year in a row

States AUM Mix ( million)
Andhra Pradesh 9,558.88
Chattisgarh 2,854.64
Delhi NCR 37,545.64
Gujarat 22,838.98
Haryana 10,287.08
Karnataka 14,942.35
Kerala 94.99
Madhya Pradesh 16,449.25
States AUM Mix ( million)
Maharashtra 48,513.47
Punjab 9,857.27
Rajasthan 11,253.15
Tamil Nadu 6,792.26
Telangana 14,968.53
Uttar Pradesh 25,038.82
Uttarakhand 1305.79
West Bengal 3,872.63

This map is a generalized illustration only for the reader’s ease in understanding the locations and is not intended to be used for reference purposes. The representation of political boundaries and the names of geographical features/states do not necessarily reflect the actual position. The Company or any of its directors, officers or employees cannot be held responsible for any misuse or misinterpretation of any information or design thereof. The Company does not warrant or represent any kind in connection to its accuracy or completeness.

Reach

  • 55,700+

    PMAY(U) Subsidy through IIFL Home Loan

  • 13+ billion

    CLSS subsidy facilitated

  • 151,000+

    First Time Home Buyers

  • 129,940+

    Affordable Housing Units Funded

  • 97,700+

    Loans Disbursed to Women Owners/Co-owners

Financial Highlights

  • 236.17 billion

    AUM

  • 22,214 million

    Revenue

  • 5,780 million

    Profit After Tax

Awards & Recognitions
Customer Testimonials

Our Jhatpat initiative was recognized for ‘Implementation of technology by/for a Financial Sector Enterprise’ at #inntech2021

Received the Jury Special Mention Award at Sustainability 4.0 Awards 2021

Recognized as ‘The Financial Inclusion Initiative of the Year’ at Business Leader of the Year Awards

Conferred as the ‘Green Brand of the Year’ at Olive Crown Awards 2021

‘Kutumb’ initiative recognized as the ‘Sustainability Awards Winner, 2021’

  • Name: Neeraj Tripathi
  • Location: Indore
  • Occupation: Medical Professional
  • Loan Type: Home Loan
  • Loan Amount: 17.16 lakh
  • Credit Linked Subsidy (under PMAY): 267,280

Neeraj, a nurse by profession, lived with his family in a rented flat and struggled in coping with the poor hygiene of the neighborhood. He heard of IIFL HFL’s 25 minutes Jhatpat Home Loan and decided to buy his first home for himself and his family in a locality of their choice. IIFL Home Finance not only assisted him in availing quick home loan, but also helped in assisting him apply and further avail the credit linked subsidy under Pradhan Mantri Awas Yojana

  • Name: Taduka Venu Kumar
  • Location: Hyderabad
  • Occupation: Account Officer
  • Loan Type: Home Loan
  • Loan Amount: 10.03 lakh
  • Credit Linked Subsidy (under PMAY): 267,280

Adjusting to staying in a small home space for over four years, and with lack of basic facilities, Venu and his family always dreamt of buying their first home. In 2016, Taduka approached several banks for a home loan but got tired of the lengthy documentation process and lack of support. He searched online and reached out to IIFL Home Finance for his loan. In addition to his home loan, IIFL also facilitated in him availing Government subsidy on his home loan, which further helped in the betterment of his home and contributed towards his children’s education.

  • Name: Radhe Shyam Sharma
  • Location: Delhi
  • Occupation: Driver
  • Loan Type: Home Loan
  • Loan Amount: 6.28 lakh
  • Credit Linked Subsidy (under PMAY): 132,184

Radhe Shyam and his wife always dreamt of living in their own home with their children. The dream became a necessity when they started struggling with the water supply and limited space in the rented accommodation. Discouraged with the process of availing a home loan from banks, they reached out to IIFL Home Finance, where they received the loan approval in just 25 minutes, and with minimum documentation. They were also able to save for the future by availing the credit linked subsidy under Pradhan Mantri Awas Yojana.

  • Name: Devendrachari
  • Location: Davangere
  • Occupation: Driver
  • Loan Type: Home Loan
  • Loan Amount: 9.1 lakh
  • Credit Linked Subsidy (under PMAY): 132,184

Devendrachari worked relentlessly, to make his dream of owning a home a possibility, along with his wife, who supported him with her small tailoring business. A friend noticed their struggle to make ends meet for their dream and asked them to get in touch with IIFL Home Finance. Soon, they got approval for their home loan and were also facilitated with the credit linked subsidy under Pradhan Mantri Awas Yojana.

  • Name: Manjit Singh
  • Location: Barnala
  • Occupation: Grocer (Shop owner)
  • Loan Type: Secured Business Loan (LAP)
  • Loan Amount: 5.19 lakh

Manjeet lost his job during the pandemic. While he tried many things but nothing worked in his favour financially. In an attempt to get his financial health and income in place, he went to various banks for a loan. He was disheartened with tideous loan approval process and documentation, but reached out to IIFL Home Finance Secured Business Loan. IIFL Home Finance not only helped him start his grocery store but also got his life and finances back on track.

  • Name: Nirmal Singh
  • Location: Rampura Phul
  • Occupation: Milk Dairy Business
  • Loan Type: Secured Business Loan (LAP)
  • Loan Amount: 2.05 lakh

A single earning member of the family, Nirmal collects milk from the milch farmers and transports it to dairy company on his bicycle. Nirmal wanted to expand the operation of his small business. IIFL Home Finance not only understood his requirement, but also facilitated him with a loan of only 2 lakh.

  • Name: Amrik Singh
  • Location: Faridkot
  • Occupation: Rice Mill Employee
  • Loan Type: Secured Business Loan (LAP)
  • Loan Amount: 5.25 lakh

Amrik Singh, with his meagre salary, wanted to get his daughter married in a certain way his daughter always desired. With his documentation and the need of the loan amount, it became difficult for him to get any loan from the various banks he visited. IIFL Home Finance, as always, not only understood the urgency of the matter, but also met his need of the small loan amount of 5.25 lakh.

Awards & Recognitions

Our Jhatpat initiative was recognized for ‘Implementation of technology by/for a Financial Sector Enterprise’ at #inntech2021

Received the Jury Special Mention Award at Sustainability 4.0 Awards 2021

Recognized as ‘The Financial Inclusion Initiative of the Year’ at Business Leader of the Year Awards

Conferred as the ‘Green Brand of the Year’ at Olive Crown Awards 2021

‘Kutumb’ initiative recognized as the ‘Sustainability Awards Winner, 2021’

Customer Testimonials

Today, Amrik Singh and his wife are leading a happy life, because of IIFL Home Finance’s efforts and assistance in making their dream come true.

‘Kutumb’ initiative recognized as the ‘Sustainability Awards Winner, 2021’

Solid Value Creation Model

Financial Capital

  • Total equity: ₹ 26,807.04 million
  • Total debt: ₹ 142,206.06 million

Physical Capital

  • Total branches: 225
  • States: 16
  • Touchpoints: 3,000+

Digital Capital

  • Customer-centric digital platform
  • Digital onboarding for home loan: 99%
  • Technology-based credit underwriting
  • Robust collection and digital reconciliation

Human Capital

  • Total employees: 2,627
  • Total trained employees: 90%
  • Average age: 33 years
  • Show More
  • E-learning platforms: Moneyversity, Zoom, Google Hangouts
  • Policies on Employee Health & Safety, Human Rights, Diversity & Inclusion, etc.
  • Employee wellness platform: Amber, Yourdost
  • Comprehensive Covid Policy safeguarding employees physical, mental and financial wellbeing.
  • One on one Performance coaching for leadership team
  • Training of our field employees on road safety
  • Show Less

Natural Capital

  • Supporting green certified projects
  • Encouraging household behaviour shift toward green building
  • Kutumb – a green building initiative
  • Regional Kutumb webinars organized: 6
  • Awas Par Samvad webinars conducted: 4
  • Green Value Partner (GVP) - a process from conception to certification of green building
  • Seeds planted: 711

Intellectual Capital

Co-lending arrangements with banks

  • State Bank of India
  • Union Bank
  • Central Bank
  • Standard Chartered Bank
  • Punjab National Bank
  • ICICI Bank

Social and Relationship Capital

  • Aligned with the Government’s ‘Housing for All’ mission
  • CSR spend: ₹ 75.38# million
  • Initiatives for financial literacy, women empowerment
  • SEBI, RBI and NHB regulations followed

Our Values

Fairness

Integrity

Transparency

Our Products

Home Loans

Secured Business Loans

Affordable Housing Project Loans

Our Strengths

Extensive Physical Reach

Customer- centric Approach

Customized Products

Stringent Credit Underwriting

Digitalized Processing

Increasing Productivity

Our Focus Areas

  • Enabling financial inclusion
  • Affordable housing segment (EWS & LIG)
  • First-time home buyers
  • Women borrowers/co borrowers
  • Customer centric approach through process automation
  • Green buildings and sustainable projects

Financial Capital

  • Revenue: ₹ 22,214 million
  • Profit after tax (PAT): ₹ 5,780 million
  • Return on equity (ROE): 24.3%
  • Return on assets (ROA): 3.5%
  • Assets under management: ₹ 236.17 billion

Physical Capital

  • Loans accessible to informal income segment: 54,000+
  • Customers reached: 220,000
  • Shakthi launched at over 216 locations across country, already helping more than 4,600 micro businesses with the disbursement of ₹ 2,190 million so far

Digital Capital

  • Time taken for online loan sanctioning: 25 Minutes*
  • Digital disbursements: 100%
  • Launched website www.iiflhomeloans.com
  • Approximately 75% customer service tickets handled by the automated Do-It-Yourself (DIY) tech-enabled solutions

Human Capital

  • Motivated and ambitious workforce
  • Regular employee connect programmes
  • Employee wellness tie-ups:
    • CultFit
    • HealthifyMe
  • ‘Great Place to Work 2020-21’ awarded 4th time in a row
  • All employees vaccinated

Natural Capital

  • Families motivated to adopt a sustainable lifestyle
  • Regional ‘Kutumb’ webinar participants: 113+
  • APS webinar participants: 400+
  • Participated in SUNREF promotional event
  • Green units funded: 12,633**

Kutumb

  • Participants: 2,075
  • Expertss: 61
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GVP

  • Certified projects: 23
  • Units under management: 28,100**
  • Developers sensitized about green certified building
  • Energy savings: 12,467* MWH/year
  • Water savings: 720** ML/year
  • GHG emissions offset: 11,469** TCO2e/year
  • Paper saved: 21,40,620 sheets
Show More

Intellectual Capital

  • Loan disbursed under co-lending arrangements: ₹ 17.5+ billion

Social and Relationship Capital

  • Loans to first-time home buyers: 151,000+
  • Loans to women borrowers/co-borrowers: 97,700+
  • Customers benefited under CLSS: 55,700+
  • Subsidies facilitated under CLSS: ₹ 13+ billion
  • BLC recipients funded: 645
  • Amount disbursed under BLC: ₹ 120.9 million
  • Lives impacted through CSR initiatives: 10527+

Pankh

  • Schools supported: 5
  • Children supported to attend formal education: 116
  • Women supported under financial literacy initiative: 139
  • Workshop for male labourers: 839

Disha

  • Total activations: 9
  • Women participants: 160+
  • Saplings planted: 710+
  • Community members influenced: 805
* Time and number of days mentioned may vary under different scenarios | All numbers are for FY 2021-22 unless mentioned otherwise | ** As of 31st March 2022 | #Total amount of CSR spends for FY21-22, from the commited amount
  • Inputs

    Financial Capital

    • Total equity: ₹ 26,807.04 million
    • Total debt: ₹ 142,206.06 million

    Physical Capital

    • Total branches: 225
    • States: 16
    • Touchpoints: 3,000+

    Digital Capital

    • Customer-centric digital platform
    • Digital onboarding for home loan: 99%
    • Technology-based credit underwriting
    • Robust collection and digital reconciliation

    Human Capital

    • Total employees: 2,627
    • Total trained employees: 90%
    • Average age: 33 years
    • E-learning platforms: Moneyversity, Zoom, Google Hangouts
    • Policies on Employee Health & Safety, Human Rights, Diversity & Inclusion, etc.
    • Employee wellness platform: Amber, Yourdost
    • Comprehensive Covid Policy safeguarding employees physical, mental and financial wellbeing.
    • One on one Performance coaching for leadership team
    • Training of all feet on street employees on road safety

    Natural Capital

    • Supporting green certified projects
    • Encouraging household behaviour shift toward green building
    • Kutumb – a green building initiative
    • Regional Kutumb webinars organized: 6
    • Awas Par Samvad webinars conducted: 4
    • Green Value Partner (GVP) - a process from conception to certification of green building
    • Seeds planted: 711

    Intellectual Capital

    Co-lending arrangements with banks

    • State Bank of India
    • Union Bank
    • Central Bank
    • Standard Chartered Bank
    • Punjab National Bank
    • ICICI Bank

    Social and Relationship Capital

    • Aligned with the Government’s ‘Housing for All’ mission
    • CSR spend: ₹ 75.38# million
    • Initiatives for financial literacy, women empowerment
    • SEBI, RBI and NHB regulations followed
  • Business Model

    Our Values

    Fairness

    Integrity

    Transparency

    Our Products

    Home Loans

    Secured Business Loans

    Affordable Housing Project Loans

    Our Strengths

    Extensive Physical Reach

    Customer- centric Approach

    Customized Products

    Stringent Credit Underwriting

    Digitalized Processing

    Increasing Productivity

  • Outputs

    Financial Capital

    • Revenue: ₹ 22,214 million
    • Profit after tax (PAT): ₹ 5,780 million
    • Return on equity (ROE): 24.3%
    • Return on assets (ROA): 3.5%
    • Assets under management: ₹ 236.17 billion

    Physical Capital

    • Loans accessible to informal income segment: 54,000+
    • Customers reached: 220,000
    • Shakthi launched at over 216 locations across country, already helping more than 4,600 micro businesses with the disbursement of ₹ 2,190 million so far

    Digital Capital

    • Time taken for online loan sanctioning: 25 Minutes*
    • Digital disbursements: 100%
    • Launched website www.iiflhomeloans.com
    • Approximately 75% customer service tickets handled by the automated Do-It-Yourself (DIY) tech-enabled solutions

    Human Capital

    • Motivated and ambitious workforce
    • Regular employee connect programmes
    • Employee wellness tie-ups:
      • CultFit
      • HealthifyMe
    • ‘Great Place to Work 2020-21’ awarded 4th time in a row
    • All employees vaccinated

    Natural Capital

    • Families motivated to adopt a sustainable lifestyle
    • Regional ‘Kutumb’ webinar participants: 113+
    • APS webinar participants: 400+
    • Participated in SUNREF promotional event
    • Green units funded: 12,633**

    Kutumb

    • Participants: 2,075
    • Expertss: 61

    GVP

    • Certified projects: 23
    • Units under management: 28,100**
    • Developers sensitized about green certified building
    • Energy savings: 12,467* MWH/year
    • Water savings: 720** ML/year
    • GHG emissions offset: 11,469** TCO2e/year
    • Paper saved: 21,40,620 sheets

    Intellectual Capital

    • Loan disbursed under co-lending arrangements: ₹ 17.5+ billion

    Social and Relationship Capital

    • Loans to first-time home buyers: 151,000+
    • Loans to women borrowers/co-borrowers: 97,700+
    • Customers benefited under CLSS: 55,700+
    • Subsidies facilitated under CLSS: ₹ 13+ billion
    • BLC recipients funded: 645
    • Amount disbursed under BLC: ₹ 120.9 million
    • Lives impacted through CSR initiatives: 10527+

    Pankh

    • Schools supported: 5
    • Children supported to attend formal education: 116
    • Women supported under financial literacy initiative: 139
    • Workshop for male labourers: 839

    Disha

    • Total activations: 9
    • Women participants: 160+
    • Saplings planted: 710+
    • Community members influenced: 805
    * Time and number of days mentioned may vary under different scenarios
    All numbers are for FY 2021-22 unless mentioned otherwise
    ** As of 31st March 2022
    #Total amount of CSR spends for FY21-22, from the commited amount

Board of Directors

Mr. S. Sridhar (Chairman and Independent Director)

Srinivasan Sridhar is the Chairman and an Independent Director on our Board of Directors. He holds a Bachelor’s degree in science from Bangalore University and a master’s degree of science in physics from the Indian Institute of Technology, Delhi. He has previously worked in the banking and finance industry and has held several positions in retail, corporate, and export / import banking, including as the chairman of the National Housing Bank and Central Bank of India. While he was chairman and managing director of the National Housing Bank, he was responsible for a number of initiatives, such as the NHB Residex, Rural Housing Fund, and Reverse Mortgage for senior citizens. Prior to this, he was associated with the Export Import Bank of India as executive director. He is a certified associate of the Indian Institute of Bankers and was conferred with honorary fellowship of the Indian Institute of Banking and Finance in recognition of his contribution in the field of banking and finance.

Mr. Nirmal Jain (Non-Executive Director)

Nirmal Jain is a Non-Executive Director on our Board of Directors and was one of the first Directors of the Company. He holds a PGDM (Post Graduate Diploma in Management) from the Indian Institute of Management (IIM), Ahmedabad and is a rank holder Chartered Accountant and a Cost Accountant. He started his career in 1989 with Hindustan Unilever Limited. He founded IIFL group in 1995. It started as an independent equity research company in India. Over the last 25 years, he has led the expansion of the group, while remaining focused on financial services. The group through four listed entities, has leading presence in India’s Wealth and Asset management, consumer lending, securities trading and discount Broking spaces. With an impeccable track record of governance and growth, the group has attracted marquee investors and won accolades internationally. He is currently also the chairman of IIFL Finance Limited, the promoter of our Promoter.

Mr. R. Venkataraman (Non-Executive Director)

Venkataraman Rajamaniis a Non-Executive Director on our Board of Directors. He holds Post Graduate Diploma in Management from Indian Institute of Management (IIM), Bengaluru and Bachelor in Electronics and Electrical Communications Engineering from IIT Kharagpur. He joined the Company’s Board in July 1999. He has been contributing immensely to the establishment of various businesses and spearheading key initiatives of the group over the past 21 years. He previously held senior managerial positions in ICICI Limited, including ICICI Securities Limited, their investment banking joint venture with J P Morgan of US and Barclays – BZW. He worked as an Assistant Vice President with G E Capital Services India Limited in their private equity division. He has a varied experience of more than 29 years in the financial services sector. He is currently also the managing director and one of the promoters of our Promoter

Mr. Kranti Sinha (Independent Director)

Kranti Sinha is an Independent Director on our Board of Directors. He has significant experience in the insurance and housing finance industries. In the past, he served as the director and chief executive of LIC Housing Finance Limited, while concurrently serving as the managing director of LICHFL Care Homes Limited. He was also the deputy president of the Governing Council of the Insurance Institute of India and was a member of the Governing Council of the National Insurance Academy.

Mr. Monu Ratra (Executive Director and Chief Executive Officer)

Monu Ratrais an Executive Director on our Board of Directors and is the Chief Executive Officer of the Company. He holds a Bachelor’s degree in architecture from Guru Nanak Dev University and a master’s degree in Post Graduate Diploma in Management from Lal Bahadur Shastri Institute of Management, Delhi. He has significant experience in the financial services industry. Prior to joining the Company, he worked with Indiabulls Housing Finance Limited as national business manager where he was responsible for setting up, and managing, the retail home loan business along with the home equity business. He has also previously worked with ICICI Bank Limited and HDFC Bank Limited.

Mr. Arun Kumar Purwar (Independent Director)

Arun Kumar Purwar works as Chairman of Eroute Technologies Private Limited, a fintech Co. He also works as an Independent Director in Companies across diverse sectors like power, telecom, steel, engineering consultancy, pharma and financial services. He also acts as an advisor to Mizuho Securities, Japan. He was Chairman of the State Bank of India (“SBI”) from 2002 to 2006 and Chairman of the Indian Bank Association during 2005 to 2006. He has previously held positions such as Managing Director of State Bank of Patiala and has been associated in the setting up of SBI Life. Post his retirement from SBI, he was associated with a leading industry house in setting up the first healthcare focused private equity fund as well as a non-banking finance company focused on funding real estate projects as well as educational institutions. He has won several awards including the CEO of the year award from the Institute of Technology and Management (2004), “Outstanding Achiever of the Year” award from the Indian Banks’ Association (2004) and “Finance Man of the Year” Award by the Bombay Management Association in 2006.

Ms. Mohua Mukherjee (Independent Director)

Arun Kumar Purwar works as Chairman of Eroute Technologies Private Limited, a fintech Co. He also works as an Independent Director in Companies across diverse sectors like power, telecom, steel, engineering consultancy, pharma and financial services. He also acts as an advisor to Mizuho Securities, Japan. He was Chairman of the State Bank of India (“SBI”) from 2002 to 2006 and Chairman of the Indian Bank Association during 2005 to 2006. He has previously held positions such as Managing Director of State Bank of Patiala and has been associated in the setting up of SBI Life. Post his retirement from SBI, he was associated with a leading industry house in setting up the first healthcare focused private equity fund as well as a non-banking finance company focused on funding real estate projects as well as educational institutions. He has won several awards including the CEO of the year award from the Institute of Technology and Management (2004), “Outstanding Achiever of the Year” award from the Indian Banks’ Association (2004) and “Finance Man of the Year” Award by the Bombay Management Association in 2006.

Digital Technology
Enhancing Productivity

The general sense is that availing a home loan is a cumbersome process. With time, technology has evolved the Housing Finance space immensely. With deeper internet penetration across the country, it has become easier for corporates to reach and interact with customers online. At IIFL Home Finance, we have embraced technology to create a seamless platform for our customers and integrated technology across all facets of our businesses.

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Environment, Social, Governance (ESG)

Complete Profitability

Sustainability is a business imperative for resilience, thereby paving a path for shared and inclusive growth. At IIFL Home Finance, our sustainability strategy is governed by the idea of ‘Complete Profitability – An ESG Initiative’. Complete Profitability is our ESG DNA which is a reflection of the impact made through various initiatives that the Company drives towards the enrichment and growth of its four pillars of success, i.e. Employees, Organization, Society, and Environment. Our motto is to achieve ‘Complete Profitability’ across all four aforementioned pillars, allowing us to catalyse growth and create operational efficiency.

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