|Sales Growth||Profit Growth||Expense Growth||Stock Price CAGR|
Repco Home Finance Ltd (RHFL) is a professionally managed housing finance company, incorporated in April 2000. It is registered as a housing finance company with the National Housing Bank (NHB). The company is operating through many branches and several satellite centres in Tamil Nadu, Andhra Pradesh, Jharkhand, Kerala, Karnataka, Maharashtra, Madhya Pradesh, Gujarat, Odisha, West Bengal and Puducherry. The mission of RHFL has been to translate into reality the aspirations of people to own a house by covering the market -existing and potential- comprehensively through institutional credit support customized to suit individual needs in a transparent and ethical way.
The salient and unique features of RHFL are innovative loan products, direct customer contact and customer ownership, focus on quality customer servicing, transparency and speed of operations, focus on relatively under-penetrated markets and balanced portfolio mix, robust risk management systems and processes, low cost operations, well recognized brand in south India with an established track record, stable and experienced senior management team. The Company’s products have been developed to suit the needs of different customers.
Business area of the company
The company provides a variety of tailor-made home loan products to individual borrowers in both salaried and non-salaried (self-employed professional and self-employed non-professional) classes to suit various requirements.
‘Repco - Rural’ Home Loans: Loans to Individuals under ‘Weaker Section’ Category in Rural areas for Purchase/Construction/Repairs/renovation/upgradation of house
Dream Home Loan: Housing loans for the purpose of construction or purchase of a residential property.
Home makeover Loan: Loans for the purpose of repairs, renovation, and / or extension/improvement of a residential property.
Plot Loans: Loans for outright purchase of plots for construction of a house thereon.
NRI Housing Loans: Loans to Non-Resident Indians for construction/ purchase of house in India.
Prosperity Loan: Loans against mortgage of immovable property for such purposes as may be desired by the borrower.
New Horizon Loan: Loans for purchase and / or construction of non-residential and commercial property like Marriage Halls, Shopping complex, Office buildings etc.
Commercial Real Estate (CRE) Loan: Loans for construction/purchase of integrated house buildings comprising of some commercial spaces like shops/office spaces combined with residential building with substantial floor space allotted for residential premises.
Fifty Plus Loan: Home loans exclusively to salaried class borrowers who are aged above 50 years in which their loan repayments and disbursements are structured around their retirement / pension income.
Super Loan: Loans for construction (including extensions and additions to existing property) on the land owned by borrower’s parents.