KIFS Housing Finance Pvt. Ltd.
Financial Services - Mumbai, Maharashtra, India
KIFS Housing Finance Pvt. Ltd. Employees
KIFS Housing Finance Pvt. Ltd. Details
Considering the enormous opportunity in housing for the MIG and LIG segment in India. The company has forayed in to providing retail housing loans to the Low and Middle Income segment across India. The geographies targeted are periphery of Tier1, Tier2, and Tier 3, 4, 5 towns. The company will be operation through branches with a HUB and SPOKE model in these towns.During the 1st year, the company is opening up 21 branches in 4 states of Maharashtra, Gujarat, Madhya Pradesh and Rajasthan. It plans to disburse 100 crores to around 1000 customers in the first year.The company has developed robust policy & process along with a strong proprietary housing finance software as a backbone to support the business operations.So as to enable ease of business and fast turnaround time that is a key parameter for success in this competitive market, the company operates through a decentralized process. The branch and regional level team is empowered with business decisions within the framework of Policy and Process defined and approved by the board. This is done along with strong oversight by the central team and audit committee for ensuring smooth function, control and compliance.KIFS Housing Finance intend to become a leading player in next 3 years in the housing Finance Industry.
