Aadhar Housing Finance Ltd
|
A |
adhar
Housing Finance Ltd (Aadhar) or AHFL is one of the
largest affordable housing finance companies in India servicing the home
financing needs of the low income sections of the society. Aadhar endeavours to
empower underserved millions to own their first homes.
AHFL was incorporated in
2010 and later amalgamated with DHFL Vysya w.e.f 20th
November, 2017 and subsequently name changed to Aadhar Housing Finance Limited.
BCP TOPCO VII
PTE. LTD. (a Blackstone Group Company) is the holding company of Aadhar
Housing Finance Ltd. Now, AHFL provide financing
solutions to all segments of customers whose monthly income is between INR 5000
(USD 76) to INR 50000 (USD 765) and above. Having 294 domestic branches in 20 states
and Union Territories; 4000 employees; 161000 existing happy customers and holding Rupees.11432 Cr as assets under management (as of
August 2020).
Vision:
"To enable home ownership for every Indian across the
nation."
Establishment
In
2010
Website
Directors (As of August 2020)
Shri O.P. Bhatt.
Independent Director & Non- Executive
Chairman of the Board.
Dr. Nivedita
Haran.
Independent
Director.
Shri Amit Dixit.
Non-Executive Director (Nominee).
Shri Mukesh Mehta.
Non-Executive Director (Nominee).
Shri Neeraj
Mohan.
Non-Executive
Director (Nominee).
Shri Deo Shankar Tripathi.
Managing Director & Chief Executive
Officer.
Team Management (As
of August 2020)
1) Shri
Rishi Anand.
Chief Business Officer.
2) Shri
Rajesh Viswanathan.
Chief
Financial Officer.
3) Shri
Ravinder Beniwal.
Chief
Operating Officer.
4) Shri
Hrishikesh Jha.
Chief People
Officer.
5) Shri Anmol
Gupta.
Chief
Treasury Officer.
Headquarter/Corporation
CIN:
U66010KA1990PLC011409
Mumbai
Aadhar Housing Finance Ltd.
201, Raheja Point -1, Nr. Shamrao Vitthal Bank,
Nehru Road, Vakola, Santacruz (E), Mumbai -400055
Tel: 022-3950 9900 Fax: 022-3950 9934
Registered
Office :
Bengaluru
2nd Floor, No. 3, JVT Towers,
8th A Main Road, Sampangi Rama Nagar,
Hudson Circle, Bengaluru,
Karnataka, India- 560027.
Branch Locations
Corporate Office, Andhra Pradesh, Bihar, Chhattisgarh, Delhi, Gujarat, Haryana, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Puducherry, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand and West Bengal etc.
Customer Contacts
For New Home Loan Enquiry
Give a missed call
For Existing Customers (Customer Service)
customercare@aadharhousing.com
Product or
Services
Home loan for salaried
employees: This loan is aimed at salaried employees earning more than
Rs.5,000 per month. The maximum loan amount that can be availed is Rs.1 crore
but not more than 80% of the property value. The maximum loan tenure is 30
years.
Home loan for
self-employed: This plan is specifically designed for self-employed
individuals who otherwise may not be eligible for home loans due to the
irregularity in income. To avail this loan, the applicant must be less than 70
years of age and in the same life of business for at least 3 years. The
individual must also be able to pay at least 20% of the sum required.
Loan for plot purchase
and/or construction: This loan is made for individuals who want to purchase a
land, build a home or do both. A loan of up to Rs.1 crore can be availed but
the amount should not be more than 70% of the property value for plot loans and
less than 80% of the property value for plot + construction loan. Additionally,
the home should be constructed within the time period stipulated by NHB.
Home improvement loan: Home improvement
or renovation can be a costly affair, Aadhar Housing Finance’s home improvement
loan covers these expenses. Individuals can claim a loan of up to Rs.1 crore
but not more than 100% of the estimated expenses of renovation certified by
chartered engineer or 100% of expenses certified by the lender’s technical
officer, whichever is lower. The loan amount is subject to a maximum of 80% of
the overall market value of the property. The loan can be availed for purposes
like flooring, plumbing, electrical work, plastering, etc. The maximum tenure
for this loan is 20 years.
Home extension loan: Aadhar Housing
Finance’s home extension loans are made for individuals who want to build an
additional room or an additional floor within their existing residential
property. A maximum loan of Rs.1 crore can be availed subject to 80% of the
market value of the property whichever is lower. The loan amount is subject to
a maximum of 80% of the overall market value of the property. The loan amount
cannot be more than 100% of the costs estimated by a chartered engineer or the
lender’s technical officer. The maximum loan tenure is 20 years.
Loan against Residential/Commercial
property :
You can avail of an
Aadhar Mortgage Loan upto Rs.10,00,000 for salaried employees and Rs.1,00,00,000
for self-employed. The maximum loan tenure on your loan against residential
property is 15 years and commercial property is 10 years.
Have you already taken a Home Loan from some
other bank or NBFC, now you want to transfer that loan to Aadhar to avail the
benefits of Aadhar's competitive interest rates?
OR
You want a top up amount from Aadhar on your
existing Home Loan taken from elsewhere?
Aadhar makes it possible with its Balance
Transfer and Top Up Loan facilities.
Loan For Purchase/Construction Of Non-Residential
Property :
Purchase of ready possession / under
construction or construction of commercial property within Municipality limits
of the city and approved for commercial usage by civic authority.
Min Loan: Rs. 2 lacs | Max Loan: Rs. 1 Cr | Max
Tenure: 10 Years
LCR / LTV
75% of sale deed or 50% of market value
whichever is Lower.
Get 6.5% interest subsidy (up to ₹ 2.67 lakhs) directly in your loan account which will substantially bring down your EMI.
Covid19 Warriors Griha Loan
scheme dedicated to the requirements of those who are on the frontline of the
country’s battle against the COVID-19 pandemic can now look forward to own a
home with ‘Covid19 Warriors Griha Loan’ at a lower rate of interest. As an
additional benefit, complimentary health insurance is also available (including
Covid related expenses).
Key Benefits of Covid19 Warriors Griha Loan:
·
Lower
rate of interest, starting from 10.25%
·
Loans
for borrowers with lower credit score too
·
Complimentary
health insurance (including Covid related expenses)
·
Convenient
service at your doorstep
·
Faster
turnaround time for processing the application
·
Minimum
personal contact and paperwork
Who
can apply for Griha Loan?
1. Salaried :
·
Employees
of Municipal Corporations
·
Employees
of companies involved in medical facilities - Hospitals, Pathology labs, Pharma
companies, medical equipment manufacturers and chemist stores
·
Employees
of police departments and armed forces
·
Employees
of private security service providers
·
Employees
of centre and state transport providers – rail/bus
·
Employees
of other financial institutions – banks, NBFC, HFCs.
·
Government
salaried employees
2. Self Employed (essential goods provider)
:
·
Provision
and general store owners – retail and wholesale
·
Engaged
in medical activities – retail and wholesale
·
Vegetable
& Fruit vendors – retail and wholesale
·
Milk
suppliers – retail and wholesale
The scheme is valid for Covid frontline warriors until 30th
September 2020.
Documents Required for Aadhar Housing Finance Home Loans:
For Salaried Individuals
For Self-employed Individuals
 |
Features & Benefits
--The loan can be applied for individually or
jointly.
--Applicants can avail subsidy for home loans
under Pradhan Mantri Awas Yojna.
--Customers can choose loan tenures up to 30
years.
--The loans can be availed by private
employees, 3rd and 4th grade government employees, teachers, and police
employees among other.
--Monthly salary of at least Rs.5,000 is mandatory to avail home loans from Aadhar Housing Finance.
Home Page
Become a Partner
You can create a lucrative income source by joining
as an Authorised Aadhar Sourcing Partner (Channel Partner or Aadhar Mitra) in the network of :-
294 Branches, Customer
Base: 1,61,000, Core
Products: Home Loan, Loan Against Property.
For more Information…
Career & Opportunities:
At
AHFL, every employee get a nurturing, entrepreneurial, empowering and caring
environment. AHFL culture inspires excellence and gives all employees the
freedom to take the initiative and to experiment with Rewards and Recognition.
For
more Information…
Apply
for a Job…
FAQs
Complaints or Reviews
.jpeg)
