IIFL Home Finance to double its affordable housing business

03 Aug 2022 CW Team

IIFL Home Finance has aimed to double its business from the affordable housing segment to 20 per cent in the next few years. The company recently opened over 100 branches simultaneously and added over 100 branches across Andhra Pradesh, Telangana, Tamil Nadu, Maharashtra, Punjab, Haryana, Rajasthan, Karnataka, Gujarat, Madhya Pradesh and Uttar Pradesh.

With this, the lender's network has reportedly reached 268 branches across 16 states, while it aims 350 branches by the next financial year and 500 branches by 2025-26.

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