Repco Home Finance Limited operates as a housing finance company in India. It provides housing loans for the construction or purchase of homes; loans for the repairs, renovation, and/or extension of homes; loans for the purchase of plot for construction of a house; loans to non-resident Indians for the construction/purchase of house in India; loans against the mortgage of immovable property; and loans for the purchase and/or construction of non-residential and commercial properties. The company also offers loans for the construction/purchase of integrated buildings comprising residential and commercial structures; home loans to salaried individuals; and loans for construction on land owned by borrower's parents. As of March 31, 2022, it operated through a network of 155 branches and 24 satellite centers located in Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Kerala, Maharashtra, Odisha, West Bengal, Gujarat, Madhya Pradesh, Jharkhand, Rajasthan, and the Union Territory of Puducherry. The company was incorporated in 2000 and is headquartered in Chennai, India.
History
Repco Home Finance was established on March 17th, 2000 as the in-house housing finance arm of Repco Bank. As of March 2020, the company operates as a subsidiary of Repco Bank and from 87 offices across South India with a track record of disbursing 10.68 billion rupees.
Mission
To provide the best possible customer service with a commitment to growth, quality, and the highest standards of ethical behaviour while acknowledging the need to achieve a reasonable level of profitability.
Vision
To become a leader in the housing finance sector in India and to be recognized as the preferred provider of housing finance solutions to our customers.
Key Team
Mr. Ankush Tiwari (Company Sec. & Compliance Officer)
Mr. N. Balasubramanian (Chief Devel. Officer & Additional Whole-Time Director)
Mr. K. Pandiarajan (CTO & Deputy GM)
Bala S (Investor Relations Officer)
Ms. Poonam Sen (Chief Gen. Mang.)
Ms. Shanthi Srikanth (Chief Risk Officer)
Recognition and Awards
Repco Home Finance has received numerous awards over the years for its leadership and innovative products in the housing finance sector. These include 'Best Housing Finance Company of the Year' from Indian Property Awards in 2018 and 'Best Housing Finance Company South India' from Economic Times in 2015.