Can Fin Homes

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About Company

Can Fin Homes

  • Can Fin Homes Ltd, a Housing Finance Company promoted by Canara Bank, in 1987, the International Year of Shelter for the Homeless. The Company is incorporated under Companies Act, 1956.
  • The first HFC floated by any Nationalised Bank in the country; Founder Chairman Shri B Ratnakar.
  • Main objective of setting up the Company was promoting home ownership & increasing the housing stock in the country.
  • The initial shareholders of the company were, Canara Bank, Can Bank Financial Services, HDFC and UTI.
  • One of the very few HFCs permitted by NHB for taking deposits from public.
  • Listed in 1991; History of uninterrupted profits & dividend payment since inception with 100% dividend declared since FY16.
  • To promote home ownership across the country with a motto of Friendship Finance.
  • Focus on Housing Loans to individuals (89% of the loan book is for Housing and 11% for Non-Housing)
  • Focus on low & middle income group individuals and first time home buyers.
  • We are the preferred lenders of the salaried class. A major percentage of our loan book comes from the Salaried & Professional segment. However, during the last 5 years, we have been increasing our exposure to Self-employed & non-professional (SE&NP) category.
  • Asset Quality is our main strength and major differentiator from rest of the HFCs.
  • Headquartered in Bengaluru with 13 Clusters
  • Pan India presence with 172 branches, 21 Affordable Housing Loan Centres (AHLCs0 & 12 satellite offices; 205 outlets in total over 100 cities spread across 21 states & Union territories.
  • Our conscious focus is to penetrate deeper into our known territory in Southern India while expanding to potential centres in other parts of the country.

Board of Directors comprises eminent individuals with experience in public policy, administration, commercial banking & industry. Board consists of 5 Independent Directors. There are 2 promoter Directors including the Deputy Managing Director. All these distinguished persons constituting our Board of Directors enhance the functioning of the Company with their directions, guidance and suggestions from time to time.

  • Shares of the Company are listed in National Stock Exchange India Ltd (NSE) and Bombay Stock Exchange Ltd (BSE).
  • From a small company listed since 1991, Can Fin Homes has grown further to enter Top 500 List with a mCap of Rs.5000+ crore.

 

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