ManiBhavnam Home Finance India Private Limited (MBHF) was founded by two young entrepreneurs & siblings Mrs Meghha Mehta & Mr Ayyushmman Mehta in April 2016. The company obtained its certificate of Incorporation in May 2016 and NHB License in Dec 2016. It commenced its operations immediately after obtaining the NHB license. Mr Deepak Joshi , a veteran of the Housing Finance Industry has been with the organization as Chief Founding Mentor and Director.
MBHF has been formed to cater to the needs of affordable housing segment after the Government of India (GoI) provided impetus to its mission of ‘Housing for All by 2022’.The company offers home loans and non-home loans as its products. Within the home loans, it offers loans for home purchase, construction, extension and improvement and within the non housing loans it offers loan against property (LAP). The company intends to cater to un-served & underserved customers in Rural & Semi Urban markets of India. Driven by a woman entrepreneur, the company also recognizes changing gender roles in the Indian Society, and will, wherever possible, take initiatives for the inclusion of females in the process of home buying decision that has traditionally been taken by a male member of the family. This would give a boost to independent women who wish to pursue their dreams and stand on their own feet.
At MBHF, we believe in empowering women through inclusive financing to fulfil their dream of home ownership and improve living conditions of their families. This can be achieved by efficient, simple and customized solutions for their housing finance needs. This unreached, under-served and often ignored market will from the thrust of our business. One of the major goals is to drive inclusion both financial and social, and be able to give wings to many aspirants that is just beginning to realize its potential.