ABHIMANYU MUNJAL

Jt. MD & CEO'S MESSAGE

When was the last time your loan got approved with minimal hassle and paperwork? At Hero FinCorp, this happens every day, as we are committed to providing value-based innovative products with the customer service that you deserve. Our steadfast commitment to these ideals has put us on the path to becoming the financier of choice. We follow the footsteps of our Mentor & Group Founder Late Shri. B.M.L. Munjal, a visionary leader who successfully built numerous businesses on the foundation of excellence and innovation.

Today, we are one of India's fastest growing NBFCs, disbursing a loan every 30 seconds. On the corporate lending front, we have forged extremely strong relationships with over 2000 high growth companies. We will spare no effort in upping the ante to record success and break new ground; with our diverse and competitively priced products, repertoire of marquee clients, extensive geographic presence and outstanding customer experience.

We are well on our way towards building India’s largest one-stop financial services company.

Abhimanyu Munjal

About The Company

Finance Made Easy. Three simple words, that drive India's next generation ultra-lean credit champion – Hero FinCorp. Incorporated in December 1991 as Hero Honda FinLease Limited; the restructuring of our parent company Hero MotoCorp Limited, led to our present form as Hero FinCorp Limited.

Today, we're present at close to 2000 retail financing touch-points across Hero MotoCorp's network, and have partnered with over 2000 satisfied corporate clients. Going forward, we plan to continuously expand our offerings and geographic presence, whilst offering class leading financial services to all sections of our society.

  • Vision

    To be a financier of choice and become a one-stop financial services company, by offering world class products through innovation & teamwork.

  • Mission

    We strive to be the best, most transparent, next-gen ultra lean credit champion.

  • Values

    Our culture manifests through 5 core values - 'TITHI'
    Teamwork | Integrity | Trust & Respect | Humility | Innovation & Speed

Our Journey

  • 1991-2012
    • Dec'91: Incorporated as Hero Honda FinLease Ltd.

    • Jul'11: Company renamed as Hero FinCorp Ltd.

    • Nov'12: Business plan created for the new entity

    • Dec'12: First set of employees join

  • 2013
    • Feb'13: Equity infusion of ₹106 Cr.

    • Feb'13: Started operations with 2 employees, and an asset book of ₹300 Cr.

    • Apr'13: First Two Wheeler Loan disbursed

    • Jun'13: Technology platforms for Loan Management deployed

  • 2014
    • May'14: Corporate Lending products formalized

    • Jun'14: Equity infusion of ₹312 Cr.

    • Aug'14: Crossed 1 lac happy two-wheeler loan customers

  • 2015
    • Mar'15: Crossed 1000+ retail touch points and over 10 locations for corporate lending pan-India

       

  • 2016
    • Sep'16: 3000+ employees, and an asset book of over ₹8000 Cr.

    • Sep'16: Successfully financed 1 million+ happy customers, Ensuring a smile every minute…

    • Sep'16: Equity infusion of ₹1002 Cr. 

  • 2017
    • Jan’17: Capitalized Hero Housing Finance Limited with INR 50 Cr.

    • Mar’17: Assets Under Management cross INR 9,815 Cr.

    • Aug’17: Received NHB approval for Hero Housing Finance Limited

  • 2018 . . .
    • Mar'18 : Asset Under Management reaches INR 13,542 Cr.

    • Mar'18 : Crossed 2.5 Mn happy customers

    • Apr'18 : Launched Hero Housing Finance Ltd. 

Board of directors

  • Pawan Munjal

    Mr. Munjal is the Chairman & Director of Hero FinCorp Ltd., he also serves on the Boards of various Hero Group Companies, Governmental & Educational Institutions

  • Renu Munjal

    Mrs. Munjal is the Managing Director of Hero FinCorp Ltd., she is also actively involved in various philanthropic activities across the Hero Group

  • Abhimanyu Munjal

    Mr. Munjal has over 15 years of experience in strategic leadership and people management. He has successfully spearheaded international JVs, M&A's & complex transformations.

  • D.N. Davar

    Mr. Davar holds a Masters in Economics and CAIIB besides being a fellow of the Economic Development Institute of the World Bank

  • Sanjay Kukreja

    Mr. Kukreja is the MD of ChrysCapital, and leads the Business Services, Financial Services and Manufacturing sectors for the firm. He holds an M.B.A. from IIM, Bangalore and a BA in Economics from SRCC, Delhi University.

  • Pradeep Dinodia

    Mr. Dinodia is a member of The ICAI, and a senior partner in the Delhi-based Chartered Accountancy firm M/s. S.R. Dinodia & Co.

Leadership Team

  • Abhimanyu Munjal
    Abhimanyu Munjal

    Jt. Managing Director & CEO

    Abhimanyu has over 15 years of experience in strategic leadership and people management. He has successfully spearheaded international JVs, M&As, and Complex Transformations.

  • Ajay Sahasrabuddhe
    Ajay Sahasrabuddhe

    Chief Operating Officer, Retail Finance

    Ajay is a retail finance veteran with over 25 years of experience.He is an expert in building and managing large and diverse distribution networks.

  • Jayesh Jain
    Jayesh Jain

    Chief Financial Officer

    Jayesh has over 17 years of BFSI experience across Strategic Planning, Budgeting, Accounting, Auditing, IT Governance, Fraud Control, Regulatory Compliances, and Investor Relations.

  • Mahesh Sanghavi
    Mahesh Sanghavi

    Chief Business Officer

    Mahesh is an alum of INSEAD Business School, and has 20+ years of experience in Credit Risk Management with expertise in underwriting, portfolio & stressed asset management.

  • Preemita Singh
    Preemita Singh

    Chief HR Officer

    Preemita brings with her two decades of rich experience of leading HR in BFSI, IT, and Consulting. She is a strong professional with a proven record of delivering results, driving transformation, and running large scale operations.

  • Priya Kashyap
    Priya Kashyap

    Head - MD & CEO's Office

    Priya brings with her 20+ years of rich experience in Non-Banking Finance Companies. Having headed Risk Units in her previous assignments, she is known for effectively managing risk in high growth environments.

  • Sajin Mangalathu
    Sajin Mangalathu

    Head - Information Technology

    Sajin has 21 years of experience in Transforming Key Business Processes & establishing goverance mechanisms for Information Risk Management. He holds an MBA from IIM Bangalore.

  • Samir Mehta
    Samir Mehta

    Chief Business Officer

    With over 18 years of experience, he's an expert in setting up & managing SME & MME Asset Businesses. Samir holds an MBA from IIM Lucknow.

  • Subhransu Mandal
    Subhransu Mandal

    Head - Operations

    An expert in banking operations management, Subhransu has spent over 27 years in various operational roles, with many reputed companies in the BFSI sector.

HERO FINCORP - GROUP COMPANY

Herohousing hhfl

Hero Housing Finance Limited

Incorporated as a subsidiary of Hero FinCorp, Hero Housing Finance Ltd. (HHFL) comes as a natural extension to the group's motto of serving the man on the street. Focused on having a diversified presence across India, HHFL is looking to be an all-inclusive housing finance company with offerings across affordable, mid-market and prime segments. The company will focus on end-to-end digital lending to enable a joyful home ownership experience for our customers.

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