About
Hinduja Housing Finance

Hinduja Housing Finance was incorporated in April 2015 as a subsidiary of Hinduja Leyland Finance, which is one of the leading NBFCs in vehicle finance. Its coveted parentage ensures Hinduja Housing Finance stand inspired by lofty ideals. Its values stem from its goals of becoming a preferred financier and a one-stop for home finance needs.

At the heart,
Hinduja Housing Finance Stands for Values

  • Excellent care of customers
    using technology

  • Standard Operating Procedures
    across branches

  • Top-class risk management
    techniques

  • Empowering people who derive
    pride through achievement
    of results

  • Sustainable processes with
    responsibility for social values

About Hinduja Group

“My dharma (duty) is to work, so that I can give."Paramanand Deepchand
Parmanand Deepchand Hinduja (1901-1971)

Founder, The Hinduja Group

The Hinduja Group was founded by Parmanand Deepchand Hinduja in 1914. He was a foresighted visionary with strong business acumen. He had a keen eye for opportunities and capitalized on them.

He hailed from a Hindu family based in India and set up operations in the country. The Hinduja Group made its first international foray in Iran in 1919. Merchant Banking and Trade were the twin pillars of the business and remained headquartered in Iran, until the company moved to Europe in 1979.

With its pioneering and entrepreneurial spirit, the Hinduja group has expanded and diversified its businesses, along with significant philanthropic contributions, under the present leadership of Chairman, Srichand, ably supported by his brothers, Gopichand, Prakash and Ashok.

Presently, The Hinduja Group is a global conglomerate headquartered in London, United Kingdom. The Hinduja Group takes pride in being one of the largest diversified groups in the world spanning all continents. It employs over 70,000 people and has offices in many key cities of the world and all the major cities in India, religiously adapting the work principle “Service with a foundation is devotion and willingness to see fulfillment of one’s self-interest in the active promotion of the interest of the collective.”

The Hinduja Group has always adapted to free-market reforms in tandem with the increasing new markets that have opened, and capitalising on new economy opportunities. As a result, the Hinduja Group has now strategically positioned itself to contribute to old economy sectors such as Banking & Finance, Transport, Energy (Oil & Power) as well as the new economy of Technology, Media and Telecom. The Group adheres to traditional values, and they have all along striven to inculcate the family concept in their business enterprises.

Mutual trust, respect, cohesion and co-operation are emphasised as key organisational guidelines. At the same time, sound modern management practices are given primacy within individual companies of the Group and also at the corporate level.

Professionals are allocated independent charge of diversified activities. There is a high premium on healthy internal competition, incentives to executives and employees for outperforming one another, and appreciation of good performance.
The Group has, throughout its history, demonstrated a strong commitment to creating better understanding between the people and the governments of the world. Building amity and co-operation between their host country and their mother country, India, has been an article of faith.

Hinduja Housing Finance is a part of the Hinduja Leyland Finance (HLF) the financing arm of truck manufacturer Ashok Leyland, which provides a wide gamut of financial offerings. It also supports charitable and philanthropic activities across the world through the Hinduja Foundation.

About Group Philosophy

The Hinduja Group Family,  has been conducting its business activities for over 100 years, across Asia, Europe and America. It has done so by following the example and inspiration of the Hinduja Group‘s Founder, Parmanand Deepchand Hinduja(1901-1971), and his strong belief that it was his ‘dharma (duty) to work, so that he can give’.

It was from Parmanand’s experiences, instinct and belief in the need to work hard so as to progress in life, both professionally in business and personally as a man with a growing family, that he developed his five guiding principles. These guiding principles are pivotal to how the Group and family conduct themselves in their business and personal lives.

It is the universality of these principles and how they can be applied in commerce, business management, philanthropic activities and one’s own personal life that have enabled them to last the test of time.

The duty to work diligently also carries the responsibility that one should give something back to others and society. In turn, hard work and success will Earn one, respect in business. That respect also requires one to be able to meet all of one’s commitments and only enter into agreements that one knows one can honour. And this should apply, whatever the economic conditions, whether it is growth or recession.

Hence the idea of word is a bond. This enables one to build trust and confidence with one’s stakeholders, including employees, customers and suppliers, where long term relationships could be developed for the benefit of everyone.

Following on from these two principles, the founder sought to seek new markets and products, enabling the Group to acquire geographical, product and industrial diversification. This led to the third abiding principle, act local, think global.

Simplistic in its ideal, but difficult in its application, the potential market is the whole world. There is always a customer for your goods and services, the challenge is to find that market, get your product to that market, offer it at a competitive price, and ultimately have a satisfied and loyal customer. One has to understand the needs of each local market as each market has different traditions and customs. Understanding them, recognising them and remaining sensitive to and respecting them will lead to business success.

Meeting such challenges can be risky but sharing this risk and its reward can bring real benefit. Partnership for growth builds on the principles of Act Local, Think Global and includes the idea of communication and working with others – both within and with other organisations. Only by doing these can organisations be flexible, look to the long term and innovate. It is by working with others, including your suppliers and customers, can one cut costs in the value chain and add to economic growth.

Working with others also recognises your own limitations and expertise, seeking the right partnerships can bring the necessary expertise and innovation, and in sharing you can exchange ideas and concepts with partners on the clear understanding that with shared risk there is shared reward.

The final principle, advance fearlessly, has as its base the other four principles. To grow your business takes time and effort, it involves risks and has setbacks as well as advances. However, with the founder and the Group, risks are fewer through partnerships, the trust and confidence of customers is higher as commitments are honoured, while respect has been earned, as the Hinduja Group has learnt to understand the different markets and cultures in which it operated. This allows the Group to advance fearlessly.

About Hinduja Housing Finance

Hinduja Housing Finance’s mission is to add value to all its stakeholders; viz; shareholders, customers, employees and society as a whole; and grow its business by adding value consistently. The management team is hand-picked for knowledge, strategy and innovation.

At a granular level, Hinduja Housing Finance stands for

  • Excellent care of customers using technology
  • Standard Operating Procedures across branches
  • Top-class risk management techniques
  • Empowering people who derive pride through achievement of results
  • Sustainable processes with responsibility for social values

Hinduja Housing Finance was incorporated in April 2015 as a subsidiary of Hinduja Leyland Finance, which is one of the leading NBFCs in vehicle finance. Its coveted parentage ensures Hinduja Housing Finance stand inspired by lofty ideals. Its values stem from its goals of becoming a preferred financier and a one-stop for home finance needs.

Hinduja Housing Finance is part of the prestigious Hinduja Group, which is a diversified business group with a rich legacy spanning over 110 years. The Group enjoys a multinational presence, has business operations across continents spread across 10 verticals, supported by over 150,000+ people under its fold. Above all, the Group’s legacy ensures Hinduja Housing Finance stays in constant pursuit of transparency, aided by strong ethical principles.

Mission

To grow our business on sound lines to create value for all our stakeholders; viz:shareholders, customers, employees and society as a whole.

Vision

Hinduja Housing Finance aspires to be

  • Its use of technology to extend excellent customer service, standardize operating processes across its branches and exercise rigorous risk management practices across credit, operational and market risks.
  • Empowerment of its employees to deliver consistently superior business results with pride and sense of achievement.
  • Sustainable practices and corporate social responsibility aiming at financial inclusion.
  • A forerunner in the market place in terms of profitability, productivity and efficiency as measured
    by ROA, ROE, NIM, Cost to Income Ratio and Net NPAs.

Values

“Your one-stop shop for all your housing finance needs””

Built on the foundation of strong ethics, honesty and transperancy with all our stakeholders, we envision us to be the preferred financier for our customers, providing the best in class Housing Finance Company among the companies engaged in housing finance.

HHF is governed by following values

  • Trust

    To maintain a workplace characterized by widespread belief in the integrity, reliability, and ability of employees.

  • Customer Service

    To consider and understand the needs of the customer to facilitate the accomplishment of common goals.

  • Competence

    To maintain a workplace characterized by employees who have the skills and training to do their jobs.

  • Teamwork

    To encourage the use of teams to accomplish organizational goals and objectives.

  • Quality

    To promote an environment characterized by employees with a passion for excellence.

  • Honesty

    To always maintain the highest standards of credibility, sincerity and trustworthiness.

  • Respect

    To always treat people with the highest level of regard and dignity, recognizing the value of each individual.

  • Accountability

    To be responsible for and committed to, the timely delivery of quality services and solutions as individuals and teams.

Chairman

Mr. Dheeraj G Hinduja

Mr. Dheeraj Gopichand Hinduja holds a B.Sc. (Hons) degree in Economics & History from the University College, London, 1993.

He has completed his Master’s in Business Administration with specialization in Project Management from the Imperial College, London University, 1994.

Dheeraj is a third-generation member of the Hinduja Family, which owns and controls the Hinduja Group, with diversified business interests all over the world.

Employing over 100,000 people, the Hinduja Group’s portfolio includes businesses in Automotive, Energy, Infrastructure, Finance & Banking, IT & ITES, Media, Healthcare etc. Dheeraj has over 20 years of experience at strategic and leadership levels across the spectrum of businesses.

Managing Director

Mr. Sachin Pillai

A man with a vision and powerful leadership capacity, he joined us on April 13, 2012. He holds a BBA in marketing from Sardar Patel University and a Master’s Degree in Business Administration from the Chakravarti Rajagopalachari Institute of Management.

He has several years of experience in the field of financial services. He is responsible for establishing and implementing systems to execute our Company’s strategic plan on various issues, including issues relating to business development, grounds for identifying the avenues for development, market opportunities and forecasting data to drive decision-making around business development. Prior to joining our Company, he was associated with Reliance Capital Limited as the Executive Vice President and Group Business Head. He has also been the Vice President of HDFC Bank Limited.

Directors

Mr.Gopal Mahadevan

Mr. Gopal Mahadevan holds a B.Com from the University of Madras. He is also a Chartered Accountant and a member of the ICAI and is a qualified Company Secretary from the ICSI. Mr. Mahadevan has several years of experience across a variety of industries. He has worked in various capacities with the Thermax Group of companies. He was Executive Vice President and Chief Financial Officer, Thermax Limited besides having served as Director on the Board of various companies in the group. He has also worked with the Sanmar Group, Sify and Amara Raja Batteries in various financial functions.

Mr. Sundararajan G S S

G S Sundararajan is the Group Director at Shriram Group. Earlier, he was the CEO & Managing Director of Fullerton India Credit Company Ltd. He was also the Managing Director of Fullerton Enterprises Private Limited.

Mr. Sundararajan was nominated to the Boards of two Financial Services investments of Temasek in China, one in Nanjing for the SME Business and the other in Chengdu in their Village Bank franchise. He was an integral part of Temasek’s vision for India in the Banking and Financial Services space that went on to become the fastest growing and largest networked Finance Company in the country. Earlier to this, he was the Managing Director and Head of Citibank’s SME and Asset Based Finance business in India. He had an exceptional stint at Citibank where he built the SME and ABF business of the bank across the country.

Mr. Srinivas Acharya

Mr. Srinivas Acharya hold as Bachelor of Science and is a Certified Associate of Indian Institute of Bankers (C.A.I.I.B.). He has been involved with Sundaram Finance group for last 4 decades. He was the Managing Director of Lakshmi General Finance (LGF was part of TVS group) which focussed mainly on Commercial Vehicle Finance. LGF subsequently was merged with Sundaram Finance and Mr Acharya was appointed as the Deputy MD of Sundaram Finance. In 2010, Mr. Acharya became the MD of Sundaram Home Finance and retired in Mar’2020. Under the leadership of Mr. Acharya, Sundaram Home Finance grew at 17% CAGR with an AUM in excess of Rs.10,000 crores and is today among the top three Housing Finance companies in the affordable housing finance space.

Mr. Parthasarathy

Mr. Parthasarathy has experience of over 40 years in the financial services sector. He was a part of the Senior Management Team (Pre – Board Committee) of IndusInd Bank Limited, wherein he was heading the Consumer Finance Division (CFD) which became significant contributor to Top line and Bottom line of the Bank. Precedent to that, he was the executive director and Head of Business in Ashok Leyland Finance Limited. Mr. S. V Parthasarathy is a Qualified Chartered Accountant from the Institute of Chartered Accountants of India.

Ms. Manju Agarwal

She holds a bachelor’s and a master’s degree in arts from the University of Allahabad. She is also a Certified Associate of the Indian Institute of Bankers. Ms. Manju Agarwal has experience of over 34 years in the banking sector. She was the deputy managing director (digital banking and new businesses) of State Bank of India, wherein she was responsible for rolling out new digital initiatives in the bank, debit card strategies, acquiring business, transit solutions, transaction banking business and government business. She has also held the post of the deputy managing director and chief operating officer, corporate office.

Ms.Bhumika Batra

She holds a B.Com Degree from DAVV, Indore and a Bachelor’s Degree in Law from Symbiosis Society’s Law College. She is a member of the Bar Council of Maharashtra and Goa. She has 11 years of rich experience in the field of law and is currently an Associate Partner with Crawford Bayley & Co. She is also on the board of directors of various companies including Team Relocations India Private Limited, Master Voss India Private Limited, Kancor Ingredients Limited and Sharp India Limited.

Senior Management Team

Chief Operating Officer – Mr. Vivek Kannan, is an Engineer by qualification and a certified six-sigma Black Belt. He brings with him more than 20 years of rich experience in the Finance domain across multiple organizations, including such as Citi, GE, Intelenet global services, Barclays, DHFL, and Motilal Oswal. He was instrumental in the launch of SBI debit cards and ATMs, and at Intelenet, he had implemented international collections practice. Barclays Retail Bank’s back-office operation was one of his crucial implementations. At Citi India, he had launched instant personal loans. He had also rolled out new cards platform and centralization of mortgage credit and operations.

Chief Financial Officer – Mr. Prateek Parekh, is a qualified B.E (Computer Engineer) and an IIM Lucknow Alumni. With over 17+ years of experience in both Domestic and International Automobile, IT, and Finance industries. He was associated with TCS, Ashok Leyland Gulf Oil in India, and Hinduja Automotive in London.

Chief Risk Officer – Mr. Sadheesh Kumar, holds a Master's Degree in Engineering from CEG, Anna University and is an alumnus of IIM Lucknow PGDM. With over 20 years of experience, his expertise extends from the hardcore engineering industry to the NBFC sector, covering retail finance, corporate finance, and enterprise risk management at L&T Finance, BSNL, and Hinduja Leyland Finance.

Chief Compliance Officer – Ms. Kousalya V, holds an MBA graduate from Madras university, and has accumulated 20 years of expertise in Compliance, Process Excellence, Project Management, and Audit within the NBFC and BPO domains. She gained valuable experience in her prior roles at Nissan Renault Financial Services India and Daimler Financial Services India.

Company Secretary – Mr. Srinivas Rangarajan, acquired his Company Secretaryship from The Institute of Company Secretaries of India and holds a B. Com from Madras Christian College. With over 8 years of experience in the finance and manufacturing industries, he has previously worked at Shiksha Finance and Hinduja Leyland Finance.

Head-Business & Collection – Mr. Sandeep Pant, is an MBA graduate from MJPR University, seasoned finance professional with over 18 years of rich experience in sales and marketing in various products like LAP, Home Loans, Personal Loans, Cards, and Business Instalment Loans in Banking and NBFCs like ICICI Bank, Citi financial, Tata Capital and Yes Bank.

Head-Human Resources – Dr. P.V. Solomon Kiran, Holding a PhD in HR Management / Personal Administration, Degree in Mathematics and Law, Masters in Business Management and Psychology and Diploma in Training & Development from ISTD. His 20 years of experience include working in brands like Reliance Life Insurance, ICICI Lombard, Softpath System, and Cholamandalam MS General Insurance. A Seasoned HR Professional, expertise in Strategic People Management, Business Partnering, Talent Management, Employee engagement, employment laws, and HR Compliance.

Head- Credit & Operations – Mr. Krishna Kumar, is a qualified ICWA, M.Com, and PGDBA in Finance from JAIIB. He brings over precious 23 years of underwriting experience in various products like LAP, Home Loans, Personal Loans, Business Instalment Loans, Working Capital, Medical & Office Equipment. His industry exposure includes brands like Magma Housing Finance, Reliance Capital, HSBC, IDBI, and American Express.

Head Internal Audit - Mr. Pulkit Maheshwari, holds certifications as a CA from the ICAI and a CMA from the Institute of Cost Accountants of India. With over a decade of experience as a Chartered Accountant, Certified Internal Auditor, Certified Information System Auditor, and a law graduate, he has contributed his expertise across diverse industries such as RBL Bank, The Times of India, Bajaj FinServ, and TCS.

National Manager Technical - Mr. Suranjit Dutta, holds an MSC from the University of Madras and brings with him more than 21 years of extensive experience in the banking and finance industries. His professional background includes tenures at Fullerton India, Edelweiss, ICICI Bank, Aadhaar Housing Finance, and Magma Housing Finance.

Head of Corporate Business Legal - Ms. Jyothi Sharma, obtained her LLB from Chaudhary Charan Singh University and possesses over 17 years of legal advisory experience in the finance industry. Her prior roles include positions at Indiabulls Housing Finance, BSL, and as a Panel Lawyer for the Supreme Court of India.

Chief Manager IT - Mr. Stalin Irudayaraj, completed his MTech from Priest University and brings over 17 years of expertise in IT development and support. He previously held positions at Lakshmi Vilas Bank, Software Paradigms Infotech, and Easy Design Systems.

Head of Marketing - Mr. Kevin Sundar, is an MBA graduate from Anna University and an executive alumnus of IIM Kozhikode. With a professional journey spanning over two decades in industries such as Finance, Real Estate, and FMCG, he specializes in Brand Management, Public Relations, and Online Marketing. His prior brand management expertise encompasses brands including Henkel, Mahindra Holidays, and Akshaya.