- Subsidary of HDFC Ltd.
- Gruh Finance extends loan to families of self employed category, where formal income proof are not available and their repayment capacity is based on cash flow.
- Gruh has financed 3.60 Lakh housing units, for a cumulative loan value of Rs.21942 Crores.
- That means the average loan per unit is Rs.6.30 Lakhs
- 50% loan in rural areas.
- Gross NPA is 0.54%. Net NPA is NIL!
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