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PNB Housing Finance Hits 300 Branches Nationwide

New Delhi: PNB Housing Finance has announced the successful expansion of its distribution network to 300 branches nationwide. This significant growth reflects a key achievement in its mission to offer accessible housing finance solutions to customers. With branches now spanning over 150 cities, PNB Housing Finance aims to help millions achieve their dream of home ownership and contribute to the country’s development. In the last four months of FY24 alone, PNB Housing Finance has added 100 branches, bringing the total to 300. 

It provides specialized financial services through 90 branches catering to Prime home loan customers and a strong network of 160 branches for its affordable housing segment, Roshni. Additionally, the company has ventured into the ‘Emerging Markets’ category, establishing 50 branches in select areas to capitalize on opportunities in high-yield customer segments.

Girish Kousgi, MD & CEO, PNB Housing Finance, said, “As an organization that recognizes the cherished aspiration of individuals to own a home, we strategically chose to strengthen our omni-channel presence and expand our distribution footprint to provide tailored housing finance solutions to our customers. Further, our wide network of 300 branches will allow us to leverage market opportunities across diverse consumer segments and maximize profitability for the organization. We are excited to advance in this journey and leap into the next phase of growth.”

PNB Housing Finance provides an extensive array of financial products such as home loans for individuals, loans against property, loans for non-residential premises, and fixed deposits tailored for both salaried professionals and self-employed individuals. The company’s branches are equipped with advanced technology systems and internal resources, ensuring smooth operations, efficient processes, and a solid governance structure, all aimed at delivering a seamless experience for customers.