BASIC Home Loan

BASIC Home Loan is an Indian fintech company founded in 2020 by Atul Monga, Kalyan Josyula, and Pranav Khattar, with its headquarters in Gurugram, Haryana.

The company focuses on digitizing the home loan origination process to enhance access for mid- and low-income households across India. Utilizing a "Phygital" approach, BASIC Home Loan combines digital technology with a network of over 15,000 field agents who assist customers throughout the loan process, reaching underserved areas in Tier-2 and Tier-3 cities. The company offers a fully automated, paperless home loan brokerage platform that includes services such as automated home loan origination, multi-lender matching, and specialized affordable housing solutions. BASIC Home Loan has processed loan applications worth over $1 billion monthly and has disbursed more than $1.3 billion in mortgages since its inception. With a mission to increase affordable loan penetration, BASIC Home Loan aims to support families in achieving home ownership while contributing to India's "Housing for All" initiative.