SBI Home Finance Ltd was incorporated on November 11, 1987, and is classified as a non-government company. It is the largest mortgage lender in India, helping over 3 million families achieve their dream of homeownership. With more than 24,000 branches and over 16,000 dedicated sales members, the company is well-equipped to guide customers in achieving their loan goals.
As one of India’s leading home finance companies, SBI Home Finance Limited has been a trusted ally for many current homeowners since its establishment. After being traded as unlisted shares, the company went public in February 2023. However, it has recently faced liquidation, resulting in a temporary suspension of its shares by the Bombay Stock Exchange (BSE). Notably, SBI holds a 25% stake in the company, which may be encouraging for potential investors.
In 2016, SBI Home Finance Ltd was recognized as the Best Home Loan Provider at the CNBC Awaaz Real Estate Awards. The company offers several attractive features and benefits, including low processing charges, competitive interest rates, no prepayment penalties, and home loans available as an overdraft to provide clients with the best home loan options.
