IIFL Home Finance Limited (CIN: U65993MH2006PLC166475) is a registered housing finance company with National Housing Bank (NHB). It was incorporated under the Companies Act, 1956 and commenced its operations in 2006 and received registration certificate from NHB in 2009.
IIFL Home Finance Limited is subsidiary of IIFL Finance Limited - one of the leading players in Indian financial service space. With its head quarter in Gurgaon, company is engaged in providing loans for purchase, construction and renovation of homes; SME Secured loans for business & personal needs and Construction finance loans to developers engaged in construction of affordable homes.
The company has been rated as AA (Stable) by CRISIL AA (Stable) by ICRA.
Our single minded focus in providing investment advice while ensuring the highest standards of ethics and compliance, transparency while transacting business and staying ahead of the curve in technological innovations has helped us build credibility and a reputation we are proud of today.
A In Hindu Mythology, the nine interlocked triangles that surround and radiate from the centre (bindu) symbolize the highest, the invisible and elusive centre from which the entire figure and cosmos expand.
Our brand represents a cosmos in itself, where two worlds meet. One, where we together strive to grow and expand and the other, where we strive to make possibilities infinite for our customers. It is the confluence of these two thoughts, represented by the age old symbol of converging powers that stands as the face of our brand.
Experience in financial services sector having led corporate and investment banking teams in leading international institutions, including Standard Chartered Bank, Credit Suisse, Deutsche Bank, and Bank of America. Advisory experience in sectors including technology, consumer & retail, financial services, risk management. Engineering from Jadavpur University, MBA from XLRI, FT Non Executive Director Diploma and ESG Competent Boards Certificate and Designation.
Mr. Kabir Mathur is Head of Asia Pacific within the Private Equities Department of Abu Dhabi Investment Authority (ADIA). He is responsible for leading all aspects of AIDA’s private equity activities in the Asia Pacific region and is a member of the Private Equity Executive Committee. Prior to joining ADIA in 2018, Mr. Mathur worked at Kohlberg Kravis Roberts & Co (KKR) where he was responsible for sourcing, executing and managing private equity investments in Asia. Mr. Mathur joined KKR in 2008, having previously worked at TPG Capital, also in their Asian private equity business. Mr. Mathur began his career in the Investment Banking division of Citigroup/Salomon Smith Barney. Mr. Mathur graduated from the London School of Economics and Political Science with a BSc (Hons.) in Economics.
Ms. Mohua Mukherjee is a seasoned development economics professional with thirty years of international experience. She was among the youngest candidates ever selected for the globally competitive Young Professionals’ Program of the World Bank in Washington DC. Her career at the World Bank included responsibility for designing and supervising World Bank investment projects, based on dialogue with Ministers and senior government officials in client countries. Mohua has led policy dialogue and formulated investment projects in 9 different sectors of the economy, in 44 countries on 4 continents, all pertaining to the UN’s Millennium Development Goals and later the Sustainable Development Goals. She is an experienced leader of multi-disciplinary teams and has received various awards of appreciation from government clients for her consultative approach.She headed the Corporate Finance department first at Citibank and then at ABN AMRO Bank Nairobi, Kenya. Apart from this hands-on financial sector experience in Kenya, Mohua also has energy sector investment experience in 15 African countries, plus Nepal and Bangladesh and of course India as well.From 2014-2017, Mohua led the India Solar Energy Team of the World Bank, and she was responsible for managing a large team of professionals to complete the delivery of a US$1 billion solar program to the government of India. The US$640 million blended-finance Solar Rooftops project with the State Bank of India, which she designed from the start, brought the OPEX model to the Indian solar rooftop market. Apart from the solar energy sector, Mohua also has a great deal of experience in the Indian electricity distribution company sector. She has contributed to various World Bank publications and also has three solo-authored books, with the most recent one being (in 2014) on private participation in the Indian power sector.In 2017 she ended her long career in Washington and moved to Bangalore for family reasons. Following her relocation to India, Mohua worked pro-bono for 2 years at the International Solar Alliance, to support its initial establishment. She is currently a World Bank consultant and she is Advisor to the India Smart Grid Forum.Mohua has a Bachelor’s and Master’s Degree in Economics, with distinction, and a Master of Business Administration degree in International Finance, all from Boston University. She also has a certificate in Public Private Partnerships from the Harvard Kennedy School.
He is a MBA from IIM, Ahmedabad, a rank holder Chartered Accountant and a Cost Accountant. He started his career in 1989 with Hindustan Lever Limited (HUL), the Indian arm of Unilever. He founded Probity Research and Services (later re-christened as India Infoline Limited) in 1995; one of the first independent equity research companies in India. Under his leadership, IIFL Group has grown into a dominant and diversified player in the financial services space.
He is a non-executive Director of our Company and is one of the original Directors of our Company. He is a B.Tech in electronics and electrical communications engineering from IIT, Kharagpur and holds a Post Graduate Diploma in Management from IIM, Bangalore. He has more than 20 years in the financial services sector. He is the Co-Promoter and an Executive Director of our Promoter. India Infoline Limited. Prior to joining the India Infoline Board in July 1999, he held senior managerial positions in ICICI Limited, ICICI Securities Limited, BZW and Taib Capital Corporation Limited.
Mr. Purwar is currently the Chairman of Tadas Wind Energy Private Limited as well as Eroute Technologies Private Limited. He also works as an independent director in leading Companies across diverse sectors, viz. Power including Solar, Wind, Thermal & Gas based power projects, Steel, Pharmaceuticals, Telefilms, Engineering Consultancy, Financial Services as well as Fintech. He also acts as an Advisor to Mizuho Securities, Japan. Mr. Purwar was the Chairman of State Bank of India the largest Bank in the country from November, 2002 to May, 2006. He held several important and critical positions like Managing Director of State Bank of Patiala, Chief Executive Officer of Tokyo Branch covering almost the entire range of commercial banking operations in his long and illustrious career at the Bank. He was also associated in setting up of SBI Life. Mr. Purwar also worked as Chairman of Indian Bank Association during 2005-2006. He has received CEO of the year Award from The Institute of Technology and Management (2004), "Outstanding Achiever of the year" award from Indian Banks' Association (2004) "Finance Man of the Year" Award by the Bombay Management Association in 2006.
He is an eminent personality in the banking and finance industry and has held several senior positions in retail, corporate and export/import banking in his career of almost four decades. Mr. Sridhar was a past Chairman & Managing Director of Central Bank of India and National Housing Bank.
Mr. Monu Ratra is a veteran in the mortgages industry with nearly two decades of experience. Mr Ratra has been associated with brands like HDFC Ltd., ICICI Bank and Indiabulls Housing. Prior to joining IIFL Home Finance Limited, his last assignment was with Indiabulls HFC as National Business Manager. Mr. Ratra has been a part of the pioneering teams leading various functions to provide excellence through process and quality initiatives, contributing to industry-leading growth. While with the last company, his efforts and vision led to building of a growth sales structure, starting from a scratch, in a start up like environment. At IIFL Home Loans, Mr. Ratra brings strong focus on developing and delivering customer satisfaction with ease and low turn around time.
Mr. Monu Ratra is a veteran in the mortgages industry with nearly two decades of experience. Mr Ratra has been associated with brands like HDFC Ltd., ICICI Bank and Indiabulls Housing. Prior to joining IIFL Home Finance Limited, his last assignment was with Indiabulls HFC as National Business Manager. Mr. Ratra has been a part of the pioneering teams leading various functions to provide excellence through process and quality initiatives, contributing to industry-leading growth. While with the last company, his efforts and vision led to building of a growth sales structure, starting from a scratch, in a start up like environment. At IIFL Home Loans, Mr. Ratra brings strong focus on developing and delivering customer satisfaction with ease and low turn around time. Mr Ratra is passionate about building stronger businesses, adapting and aligning company with new technology and digital era, and maintaining everlasting culture of customer centricity.
Ms. Abhishikta Munjal, a Chartered Accountant by profession 2002, started her career with Price WaterHouse in Statutory Audit vertical and thereafter moved to ICICI Bank as a credit underwriter- housing finance in 2004. Ms. Munjal brings rich experience of 18 years in the mortgage industry. She had worked with organizations like Kotak Mahindra Bank, Edelweiss Housing Finance and her last stint before joining IIFL was with Indiabulls Housing Finance as AGM-Policy & Systems Developments. She joined IIFL Home Finance Limited in October 2014 and within very short span, she went on to become Head-Product, Policy and Risk and has been managing vide rage of assignments under risk and policy such as Predictive Risk analytics, Reactive Risk analysis, changes in policies and processes basis risk analysis, automation of system development and monitoring. She has been instrumental in managing risk, development of Insta Loans, effectively interfacing with people at all levels, managing healthy work environment and inculcating bonded teamwork with high work ethics.
He has over 14 years of work experience in various roles including Compliance, Internal Controls, Secretarial & Legal. Prior to joining India Infoline, he has worked with organizations like Edelweiss Retail Finance, Edelweiss HFC, Deutsche Postbank HFC & Marvel Vinyls Ltd.
He has over 17 years of varied experience in financial services viz. accounting, finance, audit and compliance. Prior to joining India Infoline, he has worked with Satin Credit care, Shubham Housing Finance and SMC Global Securities.