Nido Home Finance: Making Affordable Housing A Reality In Emerging India

Introduction To Nido Home Finance Limited

Nido Home Finance Limited (“Nido”) is a dedicated housing finance company registered with the National Housing Bank (NHB) and operates as a wholly owned subsidiary of the Edelweiss Group, one of India’s largest and most trusted financial services firms with an asset base of over INR 50,000 crore. 

Nido focuses on offering small-ticket home loans and loans against property (LAP), especially to low- and middle-income families in Tier 2 and Tier 3 cities. With a strong parent backing, Nido combines Edelweiss’s capital strength, governance standards, and underwriting expertise to make affordable housing finance accessible to underserved borrowers across India.

As of December 2024, Nido has shown solid financial performance with a collection efficiency of 97.7% and a Capital Adequacy Ratio (CAR) of 37.9%, reflecting a cautious and well-capitalised lending approach. Despite catering to the affordable housing segment, it is often considered a higher risk. Nido has maintained stable asset quality with Gross and Net NPA levels consistently under control, currently standing at 2.2% and 1.8%, respectively. 

This reflects the company’s strong credit processes and its ability to manage risk effectively. With its targeted approach and focus on financial inclusion, Nido is steadily emerging as a trusted player in India’s home loan and LAP markets, especially for first-time borrowers in emerging towns.

Board Of Directors Of Nido Home Finance Limited 

Here is the list of Board of Directors of Nido Home Finance Limited, along with their designations:

1. Mr. Gautam Chatterjee – Independent Director
2. Mr. Sunil Phatarphekar – Independent Director
3. Dr. Vinod Juneja – Independent Director
4. Ms. Shama Asnani – Non-Executive Director
5. Mr. Rajat Avasthi – Managing Director & CEO

Source: Nido Home Finance Limited.¹

Products Offered By Nido Home Finance Ltd.

1. Home Loans

Nido offers tailored home loan solutions for purchasing, building, repairing, or renovating homes. Both salaried and self-employed individuals can apply. Key features include:

• Loan amounts up to INR 25?lakh for salaried or self-employed categories, and up to 25?lakh under an “Assessed Income” programme that helps those with informal income documentation.
• Tenures ranging from 10 to 20 years (monthly and yearly repayment options) .
• Loan-to-value (LTV) ratios between 50% and 90%, depending on the borrower’s profile.
• Interest rates from 9% to 17%, with a weighted average around 12.6%–13.2% in FY25.
• Facilities include Balance Transfer (to reduce EMI) and Top-up loans.
• Special programmes for borrowers without formal income evidence, using field income assessments.

2. Home Improvement Loans

These loans assist in funding repairs, renovations, or upgrades of existing homes. They are part of Nido’s standard home loan offering and follow similar eligibility, tenure, and interest criteria.

3. Plot + Self?Construction Loans

Borrowers can finance the purchase of land and construction via a combined loan product. Eligibility is evaluated based on project viability and repayment capacity, with loan terms aligning with home loan structures.

4. Loans against Property (LAP)

Nido enables individuals and businesses to leverage residential or commercial property for funds. Loan amounts are based on up to 70% of the property's market value.

Types Covered:

• Self?occupied residential and commercial properties
• Leased residential and commercial properties
• Lease Rental Discounting (LRD) against commercial leased properties 

Key Features:

• Loan limits up to INR 25?crore
• Tenures up to 15 years (9 years for LRD)
• High LTVs on both residential and commercial assets
• Eligible for refinancing, business funding, education, weddings, or medical expenses.
• Interest rates generally range from 9.25% to 17%

5. Construction Finance

Aimed at real estate developers, this product installs funding for project construction. It offers structured loans for residential builds, backed by the collateral of the property under development.

6. Balance Transfer and Top-Up Facility

Borrowers can transfer their existing home or LAP accounts from other lenders to Nido to benefit from reduced interest costs and flexible terms. Eligible customers may also apply for extra funds on their current loan.

Each of these products is customised per borrower through in-depth field evaluation and cash flow assessment, ensuring suitable loan structures with transparent processing and efficient digital support.

Nido Home Finance Ltd. Customer Care

For any sales related queries or support, Nido’s customer care team is here to help. You can reach them at 1-800-1026371 or email: assistance@nidohomefin.com.

Nido Home Finance: Affordable Housing Loans For Emerging Towns

Nido Home Finance has carved a niche for itself by offering affordable housing loans and loans against property to customers in Tier 2 and Tier 3 cities, segments often underserved by traditional lenders. With loan offerings specifically designed for low- and middle-income households, Nido plays a key role in enabling homeownership for families that typically face challenges accessing formal credit. The company’s focus on smaller loan sizes and simplified processes helps address the unique financial realities of borrowers in these geographies.

What sets Nido apart is its backing by Edelweiss Group, one of India’s most respected financial services institutions with an asset base exceeding INR 50,000 crore.

This strategic support provides Nido with the capital strength, governance oversight, and operational expertise needed to scale responsibly. Together, Nido and Edelweiss are working to bridge India’s housing gap, one affordable home loan at a time, while maintaining strong asset quality and financial discipline.

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Key Strengths Of Nido Home Finance Ltd.

Key Strengths of Nido Home Finance Ltd. (Simplified)

1. Important Role in Edelweiss Group’s Growth

Nido Home Finance is a key part of the Edelweiss Group, one of India’s major financial companies with total assets worth over INR 50,000 crore. Since Nido is fully owned by Edelweiss, it benefits from strong support in terms of capital, governance, and strategic guidance. Nido disburses over INR 1,000 crore in affordable home loans every year, helping the Edelweiss Group grow its reach in the housing finance space—especially in underserved and lower-income segments.

2. Experienced and Stable Leadership

Nido is led by a highly experienced management team. Each part of the Edelweiss Group, whether it’s asset reconstruction (ARC), asset management (AMC), credit, insurance, or alternative investments—is run by professionals who each have over 20 years of experience. This strong leadership ensures steady growth and smart decision-making across all business areas.

3. Strong Collections and Capital Strength

Nido has a very good track record of collecting loan repayments on time, with a collection efficiency of 97.7% as of December 2024. It also maintains a strong Capital Adequacy Ratio (CAR) of 37.9%, meaning it has more than enough capital to manage risks and support future growth. This shows that Nido is financially healthy and well-prepared for expansion.

4. Consistent Loan Quality

Even though Nido operates in the affordable housing segment—which often comes with higher credit risk—the company has kept its loan quality stable. Over the past two years, its bad loans have remained in control, with Gross Non-Performing Assets (GNPA) at 2.2% and Net NPA at 1.8% as of December 2024. This reflects disciplined lending practices and a strong ability to manage risk effectively.

Financial Snapshot Nido Home Finance Ltd.

Source: Source: audited financials, credit rating reports

To arrange the capital, Nido Home Finance Ltd. also offers corporate bonds. These opportunities from the company are secured and are rated by credit rating agencies. On Grip Invest, investors invested in Credit ‘A+’ rated bonds of the company that offered fixed returns of up to 9.25%. To invest in similar, rated, regulated and secured fixed-income opportunities sign-up for Grip Invest today and start earning fixed returns:

References:

1. Nido Home Finance, accessed from: https://www.nidohomefin.com/about_us/

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