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Giving Aspirations a Home

AHFCL, 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 the customer segments makes AHFCL the preferred choice of over 60,000 customers in the LMI segment.

Mahila Awaas Loan from Aspire (MALA) focuses on providing financial freedom to the deserving women customers in low segment through various tie-ups with women-centric organizations. This makes it possible to provide a range of property options to women at prices lower than the markets offering. In addition, Aspire also delivers customized service to women customers through employees at each and every step of the loan process.

AHFCL is a subsidiary of Motilal Oswal Financial Services Limited (MOFSL) - a well-diversified financial services company focused on wealth creation through knowledge.

Mr. Motilal Oswal is the Chairman of AHFCL Board. AHFCL is managed by a team of professionals having strong experience in Indian housing finance market and headed by Mr. Anil Nair, a veteran of over 18 years in Indian home finance industry.

Business Highlights
  • Loan book of over   4,867 Crores with an average ticket size of   8.44 lakhs.
  • Provided financial assistance to over 70,000 customers.
  • Operates out of 120 locations in Maharashtra, Gujarat, Madhya Pradesh, Andhra Pradesh, Karnataka, Rajasthan, Tamil Nadu, Chhattisgarh and Telangana.
  • Rated "CRISIL A +/ Stable" for 862 crores of bank loan facilities and for 1,350 crores of non-convertible debentures. It has also been rated "ICRA A +/ Stable" by ICRA for 3,000 crores Bank loan facilities and for 2,400 crores of non-convertible debentures (including 100 crores of Sub-Debt & 400 crores of Market Linked Debentures). Short term rating from CRISIL and ICRA for 1,000 crores each of Commercial Paper issuance is "CRISIL A1+" & "ICRA A1+" respectively.
  • Awarded Second prize for Best Performing Primary Lending Institution under CLSS for EWS/LIG by Ministry of Housing and Urban Poverty Alleviation at National Workshop on Urban Transformation.
  • Sanjay Athalye Managing Director & CEO

    Sanjay Athalye has almost three decades of extensive and diverse experience in the BFSI domain, in the fields of retail banking, commercial finance, risk management and portfolio quality. Prior to joining AHFCL, he has worked with Indostar Capital Finance Ltd. as Chief Risk Officer. In addition to this, he has previously worked in several leadership roles with Reliance Capital Limited, Centurion Bank of Punjab Limited, IDBI Bank Limited, ICICI Bank Limited, Reliance Telecom Limited and Modi Xerox. He holds a master’s degree in commerce from Nagpur University.