This startup provides long-term home loan financing specifically designed for first-time homebuyers, focusing on low-interest rates and minimal processing fees. By offering tailored loan products for low and middle-income individuals and MSMEs, the company enhances financial accessibility in the housing market.
Funding
$67.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many individuals and micro, small, and medium enterprises (MSMEs) in semi-urban and rural areas face challenges in accessing adequate home financing due to limited formal income documentation and a lack of tailored loan products. This restricts their ability to purchase, construct, or improve homes, hindering financial inclusion and housing accessibility.
Solution
Altum Credo Home Finance provides specialized home loan solutions designed to meet the unique needs of low-to-moderate income individuals and MSMEs. The company offers a range of products, including loans for home purchase, self-construction, home improvement, and refinance. Altum Credo employs a streamlined, technology-driven process with quick decision-making to ensure a hassle-free loan experience. Their approach focuses on affordability with tailor-made products and convenient online EMI payment facilities.
Target Audience
The primary target audience includes low-to-moderate income individuals and MSMEs in semi-urban and rural areas seeking financial assistance for home ownership, construction, or improvement.
Features
- Home loans for purchase, self-construction, and home improvement
- Refinance options and balance transfer facilities
- MSME loans for business-related financial support
- Fast and easy application process with quick decisions
- Online EMI payment facility for convenient repayments
- Consumer-focused mobile app for loan management and tracking
- Tailor-made products focused on EMI affordability