Very much agree with you on first point.
Moreover Gruh finance being the company promoted by HDFC has an access to low cost of funding ( thanking due to higher rating by the rating agency ). Gruh finance has long track record of weathering all kinds of economic situation compared to repco home finance ( i don’t doubt repco on that ).
Gruh finance average ticket size is of 6 – 8 lacs which I think no big home finance companies would be interested in because that would be from non salaried people and unorganized sector which is very difficult and requires lots of energy and expertise for credit evaluation.
Gruh finance has in house credentials of 35 check points for evaluation of a loan applicant and based on that merit the interest rate of the loan is derived. So interest rate depends on case to case basis.
No high level official can do bias on the interest rate accreditation system.
That’s the reason Gruh finance is able to maintain the above average performance and enjoys the premium in the market.
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