NEW DELHI: PNB Housing Finance, a housing finance company, aims to add 60 more Roshni branches by the end of this financial year, taking the total number of affordable branches to 160.
The company recently opened its 100th and first all-women branch Roshni branch in Tambaram, Tamil Nadu. It currently has 14 Roshni branches in the state of Tamil Nadu and plans to take this number to 22 by the end of the current financial year.
Girish Kousgi, MD & CEO of the company said, “Our first-ever all-women branch will help foster an environment where women can thrive, build their skills and contribute to the success of the organization. We are quite optimistic about the growth opportunities in the affordable segment and are looking forward to adding 60 more Roshni branches.”
The company clocked in around Rs 750 crore disbursement under Roshni as on September 30, 2023, witnessing a growth of ~65% quarter-on-quarter.
Roshni loans are in the range of Rs 5-35 lakh and are offered for home buying, home expansion & renovation, plot purchases, and loans against property.
Along with the focus on affordable segment, the company also plans to open additional 27 branches for its ‘prime’ retail loans offering, taking the ‘prime’ branches total to 138 by the end of this financial year.
