IIFL Home Finance Strengthens Road Safety for Lucknow Police with Helmet Distribution Drive

Supporting Officer Safety and Promoting Road Awareness

Lucknow, 22nd November 2024: IIFL Home Finance Ltd. has partnered with the Uttar Pradesh Police to promote road safety in Lucknow as part of its Corporate Social Responsibility (CSR) efforts. In a significant step towards protecting the uniform personnel, the company distributed 200 helmets to Lucknow police at Traffic Police Commissionerate reinforcing the critical need for road safety awareness.

The event was attended by Shri Prabal Pratap Singh, Deputy Commissioner, Traffic Police, Lucknow; Shri Ashok Kumar Singh, Additional Deputy Commissioner, Traffic Police, Lucknow; Shri Indra Pal Singh, Assistant Commissioner, Traffic Police, Lucknow; Shri Subodh Kumar Jaiswal, Assistant Commissioner, Traffic Police, Lucknow; Shri J.N Asthana, Assistant Commissioner, Traffic Police, Lucknow. As a gesture of appreciation, IIFL Home Finance presented a token of gratitude to the DCP – Lucknow Police, followed by the helmet distribution ceremony.

Mr. Rakesh Semwal, Zonal Sales Manager, IIFL Home Finance, said, "Our partnership with the Lucknow Police is a testament to our commitment to the safety and well-being of the community. We are privileged to support those who selflessly risk their lives to protect us, and this initiative highlights the collective responsibility we all share in promoting road safety. At IIFL Home Finance, we believe that safer roads are the foundation of stronger, more resilient communities, and we are proud to work alongside the uniform forces in advancing this critical cause."

Shri Prabal Pratap Singh, Deputy Commissioner of Police, Traffic Police, added, “We deeply appreciate IIFL Home Finance’s thoughtful contribution towards road safety. These helmets not only protect our officers but also represent the power of community partnerships in achieving a safer city. This collaboration reminds us of the collective impact we can make when organizations and citizens work together for a shared purpose”. 

Key representatives from IIFL Home Finance, including Col. Rajesh Shukla (Retd.), Head of Administration & Lead for Uniformed Forces; Wing Commander Varinder Singh Salathia, Regional Sales Manager; and Mr. Ram Sharma, Relationship Manager – Uniformed Forces, were present at the event, underscoring the company's strong commitment to social responsibility. IIFL Home Finance is continuously exploring meaningful ways to give back to society, going beyond its core business of providing housing finance solutions.

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About IIFL Home Finance Ltd.

IIFL Home Finance Limited, the largest affordable housing finance company, which is a subsidiary of IIFL Finance Limited, with 79.59% shareholding, while Abu Dhabi Investment Authority acquired 20.41% stake in the company in 2022. IIFL Home Finance Ltd. Has established a proven track record of empowering first-time home buyers while emphasizing affordable housing for EWS and LIG category. Over the past five years the Company’s Asset Under Management (AUM) have grown at 14% CAGR reaching Rs. 35,499 Cr. As of 31st March 2024. 

Through affordable home loans, IIFL HFL makes people’s aspirations of owning a home a reality, while emphasizing supporting green buildings and projects that help society achieve inclusive sustainable development. The objective is to achieve economic improvement for EWS/LIG segments of the country. The company has adopted an asset light model by getting into co-lending arrangements that further helps to penetrate and expand in deeper markets of India. To facilitate a seamless customer experience, the entire life cycle of housing loans is technology driven i.e., from origination to closure. The state-of-the-art IT infrastructure helps in reducing costs, real-time analysis of customer data, improving control and underwriting functions, while increasing customer reach and distribution capability.