Can Fin Homes (CFHL), founded in 1987, has emerged as one of India’s most trusted housing finance institutions. Headquartered in Bengaluru, the company operates through many branches, including Affordable Housing Loan Centres, across States and Union Territories. CFHL focuses on affordable and mid-income housing finance. It primarily caters to first-time home buyers with a prudent credit strategy covering the salaried and professional segment.
Business area of the company
The company is engaged in the business of housing finance and is registered with the National Housing Bank.
Milestones
- 1987: 1st branch of CFHL inaugurated at Jayanagar, Bangalore on December 26.
- 1988: Opened fist branch outside South India at Delhi
- 1989: 11 more branches added, including New Delhi
- 1991: The company’s loan book size crossed Rs 100 crore
- 2011: 41 branches - Can Fin starts expansion
- 2012: Completed 25 Years
- 2012: Disbursements crossed Rs 1000 crore
- 2012: 50th Branch of Can Fin opened at NCR-Pitampura
- 2013: Migrated to CBS platform (Integrated Business Suite) Loan Book size crossed 10,000 crore
- 2014: Operating Profit crossed Rs 100 crore
- 2014: 100th Branch of Can Fin at Begur, B’lore inaugurated on July 05.
- 2014: Opened first Satellite Office ISO) at Yelahanka (have 36 SOs now)
- 2014: Received AAA Rating for loans/NCDs, Al for CP
- 2015: Net Profit surpassed Rs 100 crore mark
- 2015: Raised Rs 276 crore capital under Rights Issue (March 2015)
- 2015: Became a mid-cap stock (Rs 1000 crore mCap)
- 2015: Became a mid-cap stock (Rs 1000 crore mCap)
- 2015: The company’s Share price crossed Rs 1000 on stock exchanges on October 09, 2015
- 2016: Loon Book surpassed Rs 10,000 crore mark on January 31, 2016
- 2016: mCap crossed Rs 3000 crore as on March 31.
- 2016: Opened 120th Branch & 50th Satellite Office during Apr-May
- 2017: Can Fin Homes enters 30th year of its service to the society
- 2017: Loan Book ahead of Rs 3000 crore (as at mar 17)
- 2017: Fresh approvals crossed Rs 5000 crore matt for the FY
- 2017: The HFC which was least affected by Demonetisation
- 2017: Crossed outstanding clientele base of 1,00,000 for the first time
- 2017: Opened 15 Affordable Housing Loan Centres (AHLC)
- 2018: Runner-up in NBFC category FY17 by FE India's Best Banks Awards 2018
- 2018: Foray into distribution of fife Insurance products through Corporate Agency
- 2018: Can Fin Homes made its foray into the states of Punjab and West Bengal
- 2019: Foray into distribution of general insurance products through Corporate Agency
- 2019: Loan book crossed Rs 20000 crore.
- 2021: ET Edge Promising Brand Award to Can Fin Homes.
- 2022: Successful completion of 35 years.
- 2023: Loan book crossed Rs 30000 crore.
- 2024: mCap crossed Rs 10000 crore.
- 2025: AUM crossed Rs 38,000 crore.