Motilal Oswal Home Finance Ltd (MOHFL) expands operations in Rajasthan with a new branch in Shahpura
MOHF Targets the affordable housing finance segment
? A fresh start of Shahpura operations and planning to explore the market further
? The targeted average ticket size of loans will be at Rs. 12 lakhs
Rajasthan, Shahpura, April 23, 2022: Motilal Oswal Home Finance Ltd., one of India's leading new age Housing Finance Companies, announced its new branch opening in Shahpura Rajasthan. MOHFL wishes to exclusively &aggressively meet the housing finance needs of lower & middle income (LMI)groups and, in the process, pave the way to meaningfully contribute toward the Government of India's ambitious goal of "Housing for all by 2022". MOHFL offers affordable home loans for purchasing or constructing a house within a 50km radius of the Shahpura branch.
Now Motilal Oswal Home Finance now has105 branches across 12 states in India. For better reach to its customers, the company has increased its employee strength to ~1600 spread across these 12states.
MOHFL has opened its office on the 1stFloor, Office No.1, Palsaniya Paradise, N.H.8, Shahpura, Jaipur, Rajasthan303103". Motilal Oswal Home Finance's Dinesh K Swami will head the branch, and he can be reached on 7208832960.
The Shahpura branch of MOHFL was inaugurated on April 23 2022, by Mr. Manish Singh, Chief Business Officer, MOHFL, and the other senior executives from MOHFL.
While inaugurating Mr Manish Singh, CBO,MOHFL, said "The opening of the branch in Shahpura is yet another step towards increasing our presence in Rajasthan. We are in the business of providing hassle-free, affordable home loans to the lower and middle-income group, and the Rajasthan market is certainly very lucrative from that perspective. Moreover, the government has allocated Rs. 48,000 crore to complete 80 lakh houses under the PMAY scheme in the financial year 2022-23. Since we are into the affordable housing space, we are confident of playing a significant role in the mission "Housing for all by 2022".
Key Highlights
MOHFL customers can experience the paperless procedure, and availing of a loan with a digital Journey makes it a completely seamless experience and hassle-free.
Think Home Loans. Think Motilal Oswal
About Motilal Oswal Home Finance Limited:
About Motilal Oswal Home Finance Limited (MOHFL) is registered with National Housing Bank (NHB) and is amongst the leading new age Housing Finance Companies in India, having its presence across 12 states in Western, North-Central and Southern India.
The company is a professionally managed housing finance company with a unique combination of financially sound and technically experienced parentage, having built public trust for over four decades in the domain of financial services. The group is known for their professional ethics, robust knowledge and strong execution capabilities. The company works on the business philosophy of financial inclusion of Lower Income Group Indian families by providing them with access to long term housing finance.
MOHFL is a subsidiary of Motilal Oswal Financial Services Limited (MOFSL).MOFSL is a well-diversified financial services company focused on wealth creation for all its customers, including institutional, corporate, HNI and retail.
MOHFL is registered with National Housing Bank (NHB) under section 29A of the National Housing Bank Act,1987 as an HFC under section 29A of the National Housing Bank Act, 1987 vide Certificate of Registration No. 05.0111.14 dated May 19, 2014.
For Further Details Contact
Rohini Kute
Group Head – Corporate Communication, Motilal Oswal Financial Services Ltd
Rohini.kute@motilaloswal.com