Secured & Granular Loan Book
99.76% Loan Book is secured with ticket size below 5 lac (52.43%) & 5 -10 lac (29.44%)
Diversified Funding Profile
Diversified active lenders comprising leading financial institutions (SBI, HDFC , Kotak Mahindra Bank, IndusInd , Axis Bank, Union Bank , IDFC First, Tata Capital, A.K. Capital etc)
Strong Parentage
Vastu Housing Finance corporation Ltd is directly and indirectly held/advised by Multiples Alternate asset management (which is promoted by Ms Renuka Ramnathan Ex MD & CEO of ICICI Ventures)
Adequate Capitalisation
Capital adequacy ratio (CAR) stood at 38.26% with Tier 1 is at 37.60% as on 31 march 2023 against RBI’s regulatory requirement of 15%
Strong Asset Quality
Gross NPA – 2.18% & Net NPA – 1.14% as on 31st March 2024