Repco Home Finance Limited, established in April 2000 and headquartered in Chennai, Tamil Nadu, is a prominent housing finance company registered with the National Housing Bank (NHB). The company operates in two primary segments: individual home loans and loans against property (LAP), catering to both salaried and non-salaried individuals. Repco offers a range of loan products including those for construction, purchase, renovation, and land acquisition. The company has progressively expanded its distribution network to 212 locations, including 168 branches and 44 satellite centers across 12 states and one union territory as of FY 2023-24.
The company has demonstrated consistent growth in loan approvals and disbursements, supported by refinances from NHB and strategic funding through secured debentures and commercial paper. Repco's expansion strategy has involved converting satellite centers into branches and entering new states, such as Rajasthan in 2019. The company employs direct sales agents in select locations to enhance its market reach and has focused on reducing funding costs through diversified borrowing strategies.
