Founded in 1999, the Indiabulls Group reverse merged with its own subsidiary company, Indiabulls Housing Finance, which has a net worth of over Rs. 15,000 crore as on date. The group companies include:
Indiabulls has a strong presence across the housing finance, real estate and wealth management sectors.
Indiabulls Housing Finance Limited (IBHFL) was incorporated in May 2005. Regulated by the National Housing Bank, it is registered as a housing finance company that provides home loans and loan against property to both individuals and corporates.
By profit, it is acknowledged as the second largest private housing finance company in India with a book size of over Rs. 54,000 crore and has cumulatively disbursed loans of over Rs. 1,00,000 crore as on date.
Indiabulls Home Loan has a reach of over 220 branches pan India. Offices in London and Dubai help Indiabulls service its overseas NRI client base.
Let us take a look at the various home loan products available at Indiabulls to suit every borrower’s needs:
In addition to the traditional practice of contacting the branch either telephonically or by visiting a branch to avail of a home loan, with the introduction of e-Home Loans, you can now apply online at your convenience, and have the loan sanctioned and disbursed electronically as well, by confirming the required details (related to property and loan) online.
For doorstep service, providing your contact information will ensure that help is at hand, with a dedicated team in place to reach out to customers.
As per data released by Indiabulls, the loans outstanding as at June 30, 2016 amounted to Rs. 710.26 bn, with a loan book CAGR (5 years) of 28 percent. The cumulative loans disbursed to date amount to Rs. 1,380.0 bn and the profit after tax (PAT) CAGR for 5 years is 26 percent.
The credit rating given to Indiabulls Home Loans show a consistent performance, with a regular increase over the long term horizon.
For those looking at purchasing their dream home, Indiabulls offers a selection of housing projects that have been pre-approved by them, which makes your property search easier and quicker.