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Wonder Home Finance Limited
Company type	Public
Industry	financial services
Founded	2018
Founder	Sanjay Singh Rajawat (director and CEO of Wonder Home Finance)
Headquarters	Jaipur, Rajasthan, India
Area served	Rajasthan, Gujarat & Uttarakhand
Products	Home Loans, Home Improvement Loans, Home Construction Loans, Plot Loans, Home Extension Loans, Land Loans, Loan Against Property, MSME loan.
Number of employees	201-500
Parent	RK Group, Kishangarh, Rajasthan
Website	www.wonderhfl.com

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Revision as of 10:26, 28 October 2020

Wonder Home Finance Ltd. (WHFL) is a Jaipur based financial services company. It provides services in the in the sector of Housing Finance in Rajasthan, Uttarakhand and Gujarat, India. It deals in various home loans solutions and loan against properties to the lower and middle-class segment of the society in semi-urban and rural areas. Wonder Home Finance provides financial assistance in the range of Rs 5 Lakhs to 35 Lakhs. The interest of various home loan solutions ranges from 11% to 15% with the tenure of 3 to 25 years. The facility of home loan can be availed on Society and Gram Panchayat properties as well.

Wonder Home Finance is a part of RK Group, Rajasthan and India’s well-known business groups. Wonder Home Finance is lending business venture of RK Group, along with Wonder Cement and RK Marbles.
Wonder Home Finance enjoys a credit rating of A - minus as rated by CARE ratings agency, India.

Services

Home Loan solutions are not limited to purchase of residential properties, it also includes loan for construction of new property, repair/ renovation of existing flat/houses etc. Apart from these, the company also deals in loan against property, loan for purchase of residential plots and MSME loans. Wonder Home Finance provides financial assistance in the range of Rs 5 lakhs to Rs 35 lakhs to the people from lower- and middle-income strata of the society. The interest for home loans, repair, renovation and construction of homes are in the range of 11% to 14% with the tenure of 3 years to 20 years. With the focus of last-mile financial inclusion, the facility of home loans can be also availed on Gram Panchayat Properties and for the development of Non-Agriculture land.

Footprint

WHFL maintains its corporate headquarter in Jaipur and has reach from 28 branches in Rajasthan to 5 branches in Gujarat and 1 branch, each in Haridwar and Dehradun (Uttarakhand). The company covers 80% of the households in Rajasthan through its geographic presence.

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