Sammaan Capital Ltd. (SAMMAANCAP)

Overview

Sammaan Capital Limited, initially known as Indiabulls Housing Finance Limited until its name change in May 2024, operates as a non-banking financial company (NBFC) in India. Its core business focuses on delivering a broad spectrum of financial products and services tailored to meet the diverse needs of its clients. With its headquarters based in Mumbai, India, Sammaan Capital Limited extends its operations across various customer segments through its subsidiaries, underscoring its significant presence in the Indian financial market.

Products and Services

• Home Loans:

  Sammaan Capital Limited caters to aspiring homeowners by offering comprehensive home loan solutions. These loans are designed to facilitate the purchase, construction, and renovation of homes, making homeownership more accessible to a wide range of customers.

• NRI Home Loans:

  Understanding the unique needs of Non-Resident Indians (NRIs), the company provides specialized home loans that are tailored for NRIs wishing to buy or construct homes in India, thereby bridging the gap between their aspirations and the realization of owning a home back in their homeland.

• Home Renovation and Extension Loans:

  For those looking to renovate or extend their existing homes, Sammaan Capital Limited offers specifically designed loans that help transform their home into a better living space, ensuring that clients can fund their home improvement projects conveniently and efficiently.

• Rural Home Loans:

  Addressing the homeownership dreams of individuals in rural areas, the company extends rural home loans. These loans are aimed at empowering the rural population by making affordable housing finance solutions accessible to them, thereby promoting homeownership in India's rural regions.

• Home Loan Balance Transfer:

  Customers looking for better interest rates and terms on their existing home loans can avail themselves of the home loan balance transfer service. This offering allows them to transfer their home loan from another financial institution to Sammaan Capital Limited, potentially lowering their loan repayment burden.

• Working Capital Loans for Micro, Small and Medium Enterprises (MSMEs):

  Recognizing the pivotal role of MSMEs in the Indian economy, Sammaan Capital Limited offers working capital loans to help these enterprises manage their daily operations, expand their businesses, and sustain growth by ensuring a smooth cash flow.

• Loan Against Property:

  Customers looking to leverage their property to meet their financial needs can opt for a loan against property. This product allows individuals and businesses to obtain financing by mortgaging their property as collateral, providing a flexible and convenient way to access funds.

• Corporate Mortgage Loans:

  Sammaan Capital Limited also caters to the financial needs of corporate clients through its corporate mortgage loans. These loans are designed to support businesses in acquiring commercial property or refinancing existing property loans, thereby aiding in their expansion and operational objectives.

• Emergency Credit Line Guarantee Scheme (ECLGS):

  In response to the challenges posed by economic disruptions, the company offers the Emergency Credit Line Guarantee Scheme. This initiative aims to provide immediate financial assistance to businesses, especially MSMEs, by offering additional funding to help them navigate through periods of financial instability.