Hero Fincorp Limited Unlisted Shares

Hero FinCorp Limited was Incorporated in December 1991 as Hero Honda FinLease Limited; the restructuring of the parent company Hero MotoCorp Limited, led to the present form as Hero FinCorp Limited.

Hero Fincorp is in the business of financing, leasing, bill discounting and other financial services. The company provides housing loans through its subsidiary Hero Housing Finance Ltd.

Hero Fincorp currently has a presence at over 3,100 touch points spread over more than 1700 locations.

Products:

Retail Loans:

• Two-wheeler Loans: Hero Fincorp provides two-wheeler loans to customers at a competitive interest rate.

• Used Car Loans: Hero Fincorp is a best-in-class provider of Financing Solutions for both certified & non-certified Used Cars.

• Personal Loan: Hero Fincorp provides personal loan to its customers at a competitive interest rate.
• Loyalty Loan: Hero Fincorp also provides loyalty loans.

Digital Loans:

• Simply cash: Hero Fincorp has started instant loan disbursal through simply cash initiative where the company disburses unsecured loan ranging from INR 50k to INR 125K with no physical documentation. The company provides such loans with the flexible repayment schedule, with best in industry interest rates and by charging processing fees at 2.5% + GST as applicable. The customers may use this facility for various needs like to buy a new phone, to meet emergency needs or to buy furniture to name a few.

Corporate Loans:

• Loan against property: Hero Fincorp provides loans to its clients against residential, commercial and industrial properties as collateral.

• SME and commercial loans: Hero Fincorp provides SME and commercial loans at affordable interest rates coupled with easy documentation, quick approval, repayment flexibility, proactive customer service and transparency.

• Supply chain finance/ bill discounting: Hero Fincorp supports the immediate liquidity requirement of the clients by providing them funds against their receivables at attractive interest rates. The loans can be secured/ unsecured depending on the rating of the company of which the bills are raised.

• Working capital loan: Hero Fincorp provides a working capital loan to the clients as and when they require funds to fulfill some high-value orders or higher amount order processing in a short time.

Besides the above, Hero Fincorp also provides

• Machinery loans,
• Medical equipment finance,
• Unsecured Business Loan
• Business Loan
• Doctors Loan
• Bill Discounting or Invoice Discounting
• Home Loan* etc. to its customers.

Hero Fincorp Business Performance Highlights: