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Tag: PNB Housing Finance

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PNB Housing Finance scales new milestone, widens its distribution footprint to 300 branches across India

Apr 9, 2024 by Gayathri Pariti 0 Comments #300 branches across India, #Mr. Girish Kousgi, #PNB Housing Finance

National, 09 April 2024: PNB Housing Finance, one of India’s leading housing finance companies, today announced the successful expansion of its distribution network to 300 branches across India. This strategic growth marks an important milestone in its journey towards providing accessible and varied housing finance solutions to customers. Spread across 150+ unique cities in the country, PNB Housing Finance will now be able to fulfill the home ownership dreams of millions of individuals and contribute towards nation-building.

PNB Housing Finance added 100 branches in the last 4 months of FY24 alone, taking the total number to 300. It offers tailored financial solutions through 90 branches dedicated to serving Prime home loan customers, and a robust network of 160 branches to meet the needs of its affordable housing segment Roshni. Further, the Company has also diversified into a new category ‘Emerging Markets’, to leverage opportunities in the high-yielding customer segment through 50 branches in select geographies.

Mr. Girish Kousgi, MD & CEO, PNB Housing Finance, said, “As an organization that recognizes the cherished aspiration of individuals to own a home, we strategically chose to strengthen our omni-channel presence and expand our distribution footprint to provide tailored housing finance solutions to our customers. Further, our wide network of 300 branches will allow us to leverage market opportunities across diverse consumer segments and maximize profitability for the organization. We are excited to advance in this journey and leap into the next phase of growth.”

PNB Housing Finance offers a wide range of products like individual housing loans, retail loans against property, retail non-residential premises loans, and fixed deposits to both salaried and self-employed individuals. The Company’s branches are well-equipped with robust technology systems and internal capabilities, including efficient operations, processes and strong governance framework, to ensure a seamless customer experience.

PNBHousingFinanceappoints Valli Sekaras Chief Sales and Collection Officer for Affordable Housing
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PNB Housing Finance appoints Valli Sekar as Chief Sales and Collection Officer for Affordable Housing

Jun 7, 2022 by Praveen 0 Comments #Ms. Valli Sekar, #PNB Housing Finance

PNB Housing Finance today announced the appointment of Ms. Valli Sekar as Chief Sales and Collection Officer for its affordable housing segment viz Unnati. Ms. Valli has an impeccable track record of 26 years of leading the affordable housing business at several financial organizations. She commands a deep understanding of affordable business and customer behaviour, which will help add value to the Company. Ms. Valli will play a vital role in expanding the Company’s affordable housing business.

Prior to joining PNB Housing Finance, Ms. Valli worked as a consultant in the role of National Business Head at GIC Housing Finance Ltd and also worked with Mahindra Housing Finance and Shriram Housing Finance. She has also served stints at companies such as Motilal Oswal, Aadhar Housing Finance, Axis Bank and Kotak Mahindra Primus.

PNB Housing Finance MD and CEO Hardayal Prasad said, ‘We are delighted to welcome Ms. Valli to PNB Housing Finance family and I am confident that the Company will benefit from her experience. Her vast expertise in the affordable housing sector will contribute to the growth of our product offerings and support our business initiatives in the ongoing Unnati loans.’

Ms. Valli Sekar said, ‘I am excited to join PNB Housing Finance, which is a leading HFC and drive itsaffordable housing business to newer heights. I look forward to unlock new capabilities that create business opportunities for the Company.’

PNB Housing Finance is expanding its presence in tier-II and -III cities, focussing on its ‘Unnati’ book. The company has operationalised 34 Unnati locations upto May 31, 2022 and plan to expand further during the current financial year.