Why Choose Us
- The new management is highly qualified since they are engaged with the banking sector since last more than 15 years with a majority of experience in housing loans. The people on board are also Directors in the Company “Ravi Fincorp Services Private Limited”. The said company is working as a Direct Selling Agent of Axis Bank Limited for Mortgage Loans since 2006. The company is gearing up for the purpose of obtaining a license from “National Housing Bank”.
- The core management of the company is having sufficient means of sourcing Mortgage Loans Business and is quite efficient in managing the operational, risk, and collection-related aspects. The team is having enough experience and background required to start a Housing Finance Company.
- If the company, as per the current scenario approaches the license of the National Housing Bank it might take almost 4 years to raise the required capital for an HFC. The government is too much aggressive nowadays with regard to affordable housing finance which we can take benefit of if we get the required approval for starting an HFC.
- The financing of Mortgage Loans is too safe and secure considered to that of many other products and the chances of default in this product are very nominal since we are mortgaging the property in our favor and also getting the property insured against various natural calamities. The major benefit of getting the HFC approvals is that we will be receiving funds after the completion of 3 years from NHB at subsidized rates.