HDB Financial has till date expanded its national footprint to over 691 cities with our 1400+ dedicated branch network having a strong presence even in non-metro cities. The company has followed a customer need-centric fulfillment model. Their branches are located close to the customers, the local knowledge & experience thus provides the unlisted HDB Company the edge in meeting their needs to satisfaction. HDB Unlisted Company has expertise in loan origination and underwriting and large product offering helps them provide solutions appropriate to customer needs.
HDB financial product portfolio includes Personal Loan, Business Loan, Loan Against Property, Enterprise Business Loan, Gold Loan, Car Loans, Loan against Shares, Loan Against Securities, Commercial Vehicle Loan, Construction Equipment Loan, and Consumer Durable Loan.
BPO services division delivers back-office services such as forms processing, document verification, finance and accounting services, and correspondence management.
HDB Financial also delivers front office services such as Contact Center Management, Outbound marketing, and Collection Services. At HDB Financial, honesty, integrity and respect, for people are strongly fostered in their culture. HDB Financial respect their people's individuality and diversity, encouraging them to develop their careers in a stimulating environment keeping in line with its values. The unlisted company HDB Financial has over 64000 dedicated employees working & growing with us across different functional verticals.
HDB Financial is a subsidiary of HDFC Bank Limited, As on 31 March, 2020 HDFC Bank held 95.3% stake in HDB Financial Services Ltd. and the unlisted shares of the HDB Financial can be traded on OTC Capital's Platform "OTCSTOX" where you can place Buy or Sell order easily.
Acko General Insurance, has announced a partnership with HDB Financial Services in Feb 2020.
HDB Financial services offers Aabhar cards (EMI cards) to its customers when they avail sales finance from general trade stores/ large format retail etc. The insurance covers are in-built features of the Aabhar card.
Acko will be powering the Aadhaar card holder with micro insurance cover which will provide a range of benefits including Vector borne disease cover, loan protector and hospital cash allowance to HDB customers, according to a release. This will definitely effect positively on HDB Financial share price in near future.
This collaboration will offer HDB Financial customers insurance covers at no additional cost with EMI cards such as the HDB Blue and Platinum Aabhar cards. Claims can be filed through Acko's website.
“The HDB-Acko partnership is a great step towards boosting the overall customer experience.” Rakesh Kumar, product head - HDB Financial Services.
Ashwin Ramaswamy, business head - partnerships at Acko said, “This partnership springs from a shared commitment towards a consumer-first approach, from both the brands. Between Acko’s insurtech expertise and HDB’s digital EMI capabilities, we will deliver an insurance cover that is simple, quick and will protect consumers in their time of need.”