|COMPANY NAME||HERO FINCORP LTD.|
|NATURE OF BUSINESS||FINANCIAL SERVICE|
|YEAR OF EASTBLISHMENT||2013|
|REGISTERED ADDRESS||34, Community Centre, Basant Lok, Vasant Vihar, New Delhi - 110057|
Hero Fin Corp Ltd, the financial services arm of India’s largest two-wheeler maker Hero MotoCorp Ltd, is an Indian Non-banking financial company (NBFC). The company is currently engaged in consumer finance businesses and commercial lending. Consumer Finance includes financing Hero MotoCorp Two Wheeler, Loyalty Customer Loans (top up loans for existing customers) and providing Loans against property. On the commercial lending side it provides Indian corporates with a wide portfolio of financing products which include working capital loans, machine loans among others. It is a captive finance company of Hero MotoCorp Ltd
The company was launched in 1992 as Hero Honda Finlease Ltd by extending working capital loans and medium-term finance to component suppliers and dealers of parent firm Hero MotoCorp, then called Hero Honda Motors Ltd. In 2011, as Hero Honda Motors was restructured, the company was renamed Hero FinCorp and acquired its present form.
Today, Hero Fincorp is one of India's fastest growing NBFCs, disbursing a loan every 30 seconds. On the corporate lending front, Hero Fincorp have extremely strong relationships with over 2000 high growth companies,it will spare no effort in upping the ante to record success and break new ground; with its diverse and competitively priced products, repertoire of marquee clients, extensive geographic presence and outstanding customer experience.