Manoj Agrawal: What are the geographies that the company is present in? How many branches and how many employees?
Atul Monga: BASIC Home Loan has 30 branches with a presence in locations like Agra, Bangalore, Delhi-NCR, Faridabad, Gurgaon, Gwalior, Hyderabad, Jaipur, Lucknow, Meerut, Mumbai, Noida and Patna. Presently, we have about 250+ employees.
Which are your primary customer segments? What is their income range? What is the loan amount range?
The primary customer segments that the company lends to are those looking for affordable housing. They can be salaried individuals, small business owners, and self-employed persons. Depending on the lender’s criteria, the loan amount range could vary between ₹5 lakhs to ₹5 crores.
Who are the various partners from whom BHL collects information for processing loan applications?
We partner with more than 60 banks, public sectors, HFCs and NBFCs. With these partnerships, we have helped numerous individuals and families finance their homes, with more than 15,000 crore applications processed to date.
Who are the various partners with whom BHL partners for sourcing leads?
This story is from the April 2023 edition of Banking Frontiers.
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This story is from the April 2023 edition of Banking Frontiers.
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