Here are the top 10 housing finance companies in India based on their popularity, assets, and market share:
- Housing Development Finance Corporation (HDFC) – HDFC is the largest housing finance company in India, with over 18% market share. The company provides various home loan products, including affordable housing loans, and has a wide presence across India.
- State Bank of India (SBI) – SBI is the largest bank in India, and it is also a leading player in the home loan market. The bank offers a range of home loan products, including affordable housing loans, and has a market share of around 10%.
- LIC Housing Finance – LIC Housing Finance is a subsidiary of Life Insurance Corporation of India and is a well-established player in the home loan market, with a market share of around 8%.
- ICICI Bank – ICICI Bank is one of the largest private sector banks in India and has a significant presence in the home loan market. The bank offers various home loan products and has a market share of around 7%.
- PNB Housing Finance – PNB Housing Finance is a subsidiary of Punjab National Bank and is a leading player in the housing finance market, with a market share of around 5%.
- Axis Bank – Axis Bank is another private sector bank that has a significant presence in the home loan market. The bank offers various home loan products and has a market share of around 5%.
- Bajaj Finserv – Bajaj Finserv is a leading non-banking financial company in India and offers home loans through its subsidiary Bajaj Housing Finance. The company has a market share of around 4%.
- Indiabulls Housing Finance – Indiabulls Housing Finance is a well-established player in the housing finance market and has a market share of around 4%.
- DHFL – Dewan Housing Finance Corporation Limited (DHFL) is a prominent housing finance company that offers a range of home loan products, including affordable housing loans. The company has a market share of around 3%.
- Tata Capital Housing Finance – Tata Capital Housing Finance is a subsidiary of Tata Capital Limited and offers home loans to customers across the country. The company has a market share of around 3%.