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A Home Loan for Everyone


Motilal Oswal Home Finance Limited (MOHFL), promoted by the Motilal Oswal Group, provides one of the fastest turn-around times for processing applications, enabling credit access on fair terms. Provision of value added proposition like Property Services and Insurance Services, and best in class service for customer segments makes MOHFL the preferred choice of over 84,000 customers in the lower middle income segment.

Business Highlights
  • Motilal Oswal Home Finance reported profit of Rs. 129 Crores in FY24.

  • NII grew by 5% YoY in Rs. 312 Crores and NIM stood at 7.6% in FY24.

  • AUM of Rs. 4,047 crores as on March 2023.

  • Disbursements crossed Rs. 1,000 crores mark in FY24. 

  • Yield on advances stood at 14.2%, up 30 bps YoY and spread maintained at 5.9%.

  • Net Gearing stands at 2.0x and CRAR remains robust at 51%.

  • Rated AA/Stable by all three rating agencies (CRISIL, ICRA and India Ratings).

  • GNPA stood at 0.9% and NNPA stood at 0.4%.

  • Operates out of 110 locations /12 states in Maharashtra, Gujarat, Madhya Pradesh, Andhra Pradesh, Karnataka, Rajasthan, Tamil Nadu, Chhattisgarh, Telangana, Delhi, Haryana and Uttar Pradesh. 

people
  • Mr. Sukesh Bhowal Managing Director & Chief Executive Officer

    Sukesh Bhowal is the Chief Executive Officer (CEO) of Motilal Oswal Home Finance Limited (MOHFL). With a career spanning over 27 years, Sukesh has garnered extensive expertise in Business Management, Sales & Distribution, Retail Lending, Mortgage Lending, Real Estate Lending, and Retail Banking.


    Before joining MOHFL, Sukesh held a prominent position at DCB Bank, where played a pivotal role in establishing and scaling up the Mortgages, Micro-Mortgages, Construction Finance, and Gold Loans segments. Sukesh has also made significant contributions to renowned organizations such as HDB Financial Services, Citibank, and HSBC.


    Sukesh Bhowal is recognized for his strong track record of successfully expanding financial services businesses within the Indian financial sector. He has demonstrated a knack for effectively launching new ventures and driving their growth. Sukeshs academic qualifications include a Bachelor of Technology degree from IIT Bombay and a Post-Graduate Diploma in Management, specializing in marketing and finance, from IIM Lucknow.


    As a dynamic and visionary leader, Sukesh has consistently delivered exceptional customer experiences throughout his career. In his role as CEO of MOHFL, he collaborates closely with Mr. Motilal Oswal, Group MD & CEO, Motilal Oswal Financial Services, to expand and enhance the Home finance companys operations. Sukeshs profound expertise, coupled with his passion for driving business growth, positions him as a valuable asset to Motilal Oswal Home Finance.