1. Very few people will be aware that Gruh Finance is a subsidiary of HDFC with HDFC having more than 60 % stake in the said company. Gruh finance is actually complimenting the operations of HDFC as it has 89 branches and is covering those areas which do not have HDFC presence (semi-urban and rural areas of Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, Karnataka, Chhattisgarh and Tamil Nadu)

2. It provides long-term finance to individuals for construction, purchase, extension, repair and renovation of homes and not to forget the loan for purchase of non-residential properties like office premises and shops.

3. One can enter in this stock during decline of the market as its growth prospects are tremendous with government’s policies, bumper farm production, migration of rural folk to urban areas and improved communications favour a faster and higher transfer of wealth to semi-urban and rural areas.
Click here to Get Stock Tips Free in Email which can make you a Millionaire