GRUH Finance Limited is a housing finance company based in India. It is a subsidiary of HDFC Ltd., one of the largest housing finance companies in India. GRUH provides housing finance to individuals, corporates and developers. It has a wide network of branches and customer service centres across India.
GRUH offers a wide range of housing finance products such as home loans, loan against property, construction finance and lease rental discounting. It also offers other value-added services such as home insurance and home loan balance transfer.
GRUH has a strong focus on customer service and offers a dedicated customer service team to address customer queries and complaints. It has a toll-free number and a customer grievance redressal mechanism in place.
GRUH is a listed company on the BSE and NSE. Its website is www.gruh.com
As of March 31, 2018, GRUH had a network of 165 branches and customer service centres across 27 states and 2 union territories in India. It had a total employee strength of 1,917.
GRUHs business strategy is focused on growth through expansion in its branch network and growth in its existing customer base. It is also looking to enter new geographies and launch new products to fuel growth.
GRUH is well capitalised and had a strong balance sheet as of March 31, 2018, with a net worth of Rs. 4,780 crore and a loan portfolio of Rs. 22,068 crore.
GRUH is aiming for a growth of 20-25% in its loan portfolio in FY2019. It is also looking to expand its branch network by 20-25 branches in FY2019.
GRUHs shares are listed on the BSE and NSE. Its website is www.gruh.com