General

About Company
Muthoot Homefin is a housing finance company that provides housing loan services.

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Also Known As

MHIL

founded date

01.01.2014

Number of employees

Company Type

For Profit

IPO status

Private

Description

The company, a subsidiary of Muthoot Finance Limited, offers housing finance to individuals and corporates for the purchase or construction of residential houses. Registered with The National Housing Bank, MHIL aims to provide financial inclusion to economically weaker sections and low-income customer segments by extending affordable housing finance to first-time homebuyers. To ensure high levels of due diligence and improve efficiency and productivity, the company operates on a 'Hub and Spoke' model with a centralized processing unit located in Mumbai. With over 129 years of experience in serving customers worldwide, MHIL is committed to contributing to the growth of the housing finance sector in India.