Retail Business: The retail business was present at 914 dealerships at the end of Financial Year 2018 (842 at the end of Financial Year 2017). Our services are now available at over 3000+ touch points spread across 1300+ locations. The retail team has built capacity to disburse over 2 loans every minute and have serviced over 2.5 million happy two-wheeler loan customers as on March 31, 2018. This is an amazing achievement in a short time span of under 5 years. A total of 8.6 Lakh of two-wheeler loans were disbursed in the last financial year (6.7 Lakh in FY17) amounting to a total active customer base of around 1.6 Million and an asset book of INR 3,971.8 Crore.
Loan against Property, SME, and Emerging Corporate Business: At present your company is operating out of 42 Locations in the non-retail segment. The team has built a capacity to process over 650 loan applications per month. In FY18, the Company disbursed INR 4,844.2 Crore worth of new loans for Loan Against Property, SME, and Emerging Corporate Businesses. In FY-18, the loan book for SME and Loan Against Property businesses grew to INR 3,698 Crore from INR 2,733 Crore in FY-17. The Emerging Corporate and Structured Finance Business loan book grew to INR 4,163 Crore from INR 3,171 Crore in FY-17. Total loans outstanding as on March 31, 2018 for SME, Loan Against Property, Emerging Corporate Businesses, and Structured Finance amounted to INR 7,861 Crore.
Hero Fincorp Limited Unlisted shares/ PRE-IPO shares are available with us.
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