Table of Content
It has a loan book of over Rs 300 crore and around 150 employees and Centrum will acquire the housing finance business, including the loan portfolio, branches and employees. Centrum Housing has a loan book of over Rs 700 crore now and this deal will take it to cross the Rs 1,000 crore-mark. National Trust Housing Finance is into affordable housing finance since the mid-1990s and is present in 17 cities across four southern states. Before setting up the private equity business, he was Managing Director (Corporate & Commercial Banking) of Rabobank India.
He brings a wide array of professional and industry contacts, a deep understanding of Housing Finance, Consumer Finance, Retail Banking, Treasury Management, Internal Audit, etc. Our home loan tax benefit calculator enables you to get an estimate of the amount of tax that you can save by claiming deductions as per the Income Tax act. As per the Income Tax Act , you can receive tax benefits on both home loan components i.e. the principal and interest amount.
Calculate your Home Loan Balance Transfer EMI Instantly
Centrum Housing has entered into a binding agreement to acquire the housing finance business of National Trust Housing Finance, the Centrum group said in a statement, without disclosing the value of the transaction. Centrum Housing has entered into a binding agreement to acquire the housing finance business of National Trust Housing Finance, the Centrum group said in a statement, without disclosing the value of the transaction. It is our endeavour to work towards being a premier provider of integrated financial services to corporates and individuals .
Personal loan is an individual consumer loan facility that offers you access to funds to meet personal financial obligations such as house rent, utility bills, travel expenses, emergency expenses, etc. "There is higher demand for affordable housing in small cities now and we believe this sector has immense growth potential," he added. Our intuitive home loan balance transfer calculator gives an idea about the reduced interest outflow after you switching from your existing loan provider. Thus, it helps you understand how you can reduce your EMI burden and assists you in making better financial decisions. Clear your debts, pending loans, and outstanding amount of credit card immediately.
Corporate Resources
Nischal moves to Centrum after a long and successful stint as Head of Institutional Equities at Edelweiss Securities Ltd., where he led the large institutional business and equity research team of over 200 in Asia. He was instrumental in taking Edelweiss to the top spot in the Institutional Broking space. He has strong corporate relationships and is well networked in the equity markets and industry, having leveraged his relationships for closing Investment Banking deals as well, at Edelweiss. He leads the diversification and expansion program at Casby and has successfully initiated new businesses such as Solution Design, Warehousing and Refrigerated . He is also involved in the growth of the other Group offerings that include Construction & Real Estate development, Digital Security & Surveillance, telecommunications and Software Development.
Magicbricks is only communicating the offers and not selling or rendering any of those products or services. It neither warrants nor is it making any representations with respect to offer made on the site. It offers a home loan to Salaried Individual/Self-Employed Professional/Self-Employed Non-Professional.
Steps to utilize our Home Loan Balance Transfer Calculator
Our calculators are easy-to-use tools that can assist your financial plans. The calculations rely on several factors along with the assumptions that are provided by you. Therefore, we do not assure their accuracy and relevance to your situations.
Kapil has more than 27 years of diverse experience in leadership positions across industries such as Financial Services & Media & Entertainment. He has worked in areas of Investment Banking, Corporate Advisory, Debt Capital Markets, Project Financing, Investment Management, Venture/ PE Investments, Business Management, Strategic and Project Planning and Finance. In his last assignment, he was managing the Family Office investments for the promoters of the Centrum Group. Ashish has over 18 years of investing experience in India across alternative asset classes. Previously, he has held various leadership positions in investment management firms such as, Tata Capital, Cambridge Place Investment Management and Antfactory India. Ashish has completed his MBA from Duke University and Master of Commerce from Mumbai University.
All you need to know about your home loan
Arpita has over 20 years of experience in Wealth Management, Private Banking and Investment Advisory Services. She is a founder member of Centrum Wealth Management and has played an instrumental role in setting up and growing the Wealth Management business at Centrum. Arpita holds a Bachelors degree in Engineering from Bihar Institute of Technology Sindri and an MBA from Faculty of Management Studies, Delhi University. Ganashyam has over 25 years of experience across a range of businesses including Wealth Management, Private Banking, Institutional and Retail Equities and Equity Research. He has played a crucial role in setting up and growing the Wealth Management business at Centrum. Prior to joining Centrum, he has held roles at HSBC, ABN AMRO Private Banking and Anand Rathi Securities.
He had joined Ratnakar Bank in June 1980 and served the bank for thirty-four years, initially in an executive capacity across various departments, including MD & CEO, and in the last four years as its non-executive Chairman. Mr. Manmohan Shetty is a Founder of Adlab Films Ltd., one of the largest entertainment corporation of India. He is currently a director of ADLABS Entertainment Ltd, Thrill Park Limited, Walkwater Media Limited among others.
No stamp duty, capital gains and income tax were paid as is required in a plain sale and transfer of property. The partnership entity, through which funds flowed in and out, let a new set of partners control the property. Centrum Housing Finance, the affordable housing finance arm of the Centrum Group, also runs Unity Small Finance Bank.
In 2002 he gained a Master of Science degree with a specialization in Logistics and Supply Chain from the UK. GRO-BIZ is a structured loan product designed primarily for SMEs looking to grow and expand their business operations. Our sole objective is to provide simple, structured and customized solutions using a combination of traditional methods and superior technology to lower and middle income families. We empower home seekers primarily in tier 2 &3 cities who are under-served by traditional lenders.
As the erstwhile CEO of Adlabs Entertainment Ltd, Kapil was instrumental in creation of Adlabs Imagica – India’s first premier theme park destination. He was responsible for business management, strategic planning, project implementation, general management and corporate finance. Prior to joining Adlabs Entertainment Limited he was working with Adlabs Films Limited as the Corporate Head – Strategic Planning and Acquisitions and Centrum Capital Limited as an Executive Director. Prior to joining Centrum, he was with Nomura Securities, Deutsche Bank’s structured credit investments and ICICI Bank’s structured finance team.
A senior Human Resources professional with over 22 years of work experience across a breadth of functions within the Human Resources field, Deepa has held H R leadership positions across leading domestic and international Companies. He is an alumnus from XLRI, Jamshedpur besides holding a Post Graduate Degree in Project Management specialising in Infrastructure sector alongwith a Bachelor’s degree in Civil Engineering from Gujarat University. He has over sixteen years of extensive experience in raising Private Equity, Project Finance and advising Government & established private sector clients on M&A, Stressed asset resolution and Bidding initiatives. During his stewardship the Bank has overcome enormous challenges which included the raising of Capital funds to the tune of 300 crores. Mr. Kutte is also a Director on the Board of Ghatge Patil Industries Ltd. since the year 2014.
As a senior Coverage Banker he is responsible for covering the Stressed asset resolution apart from leading Investment Banking initiatives across core sectors like Transportation, Logistics, Energy & Utilities space. Nischal comes with over 20+ years of rich experience focused on Institutional Equities, having handled both the Research and Sales function for the Institutional Broking business, Investment Banking , Portfolio Management Services ,etc. He started his career in AZB & Partners (erstwhile CZB & Partners) directly after graduation, in 2003.
With these businesses now merged into Unity Small Finance Bank, our most recent venture, they are expected to scale up substantially. We are a PAN India Group with a strong leadership team of seasoned professionals with a successful track record, operating out of 140+ cities and with an international presence in Singapore. Project Finance is a tenor-based loan facility to finance projects like road constructions, bridges, real estate’ etc. for corporate bodies, NGO, Governmental parastatals, with maximum duration of 12months. Magicbricks is a full stack service provider for all real estate needs, with 15+ services including home loans, pay rent, packers and movers, legal assistance, property valuation, and expert advice. As the largest platform for buyers and sellers of property to connect in a transparent manner, Magicbricks has an active base of over 15 lakh property listings.
