Retail Mortgage

The retail mortgage lending business consists of

  • Home Loans
  • SME Loan Against Property 
  • Education Institutions Lending  

JM Financial Home Loans represents our foray into the housing finance business. We provide home loans tailor-made for your every need. Our Goal is to help you acquire your dream home, your own little piece of heaven. We endeavor to reach out to home buyers typically not served by banks and traditional housing finance companies. We promise to provide our customers a transparent and quick home loan disbursement process, hassle-free and easy documentation process and top class customer service.

Keeping in line with the culture of innovation within the JM Financial Group, we endeavor to constantly innovate and diversify our product and service offerings. We will be your Trusted Advisor for any and every query you might have about your Property, Loan and Documentation to ensure a seamless experience designed for your utmost convenience.

We believe that infrastructure plays a vital role in the delivery of quality education. With this ethos, we strive to provide financial assistance to education institutions such as Pre-schools, Schools, Colleges, Universities, Professional and Technical Training for their every need — construction, renovation, acquisition of infrastructural facilities; purchase of land for expansion of facilities; equipment purchase; working capital; or for any other requirement which may enable enhanced education delivery.

The products have been designed keeping the mind the differentiated needs of the education segments, for e.g. established vs. growing institution or monthly vs. quarterly fee receipt cycles.

Designed as secured loans against property, this product helps clients address funding requirements for both personal and business needs. Clients leverage the economic worth of their property without giving away ownership. The loan is given as a certain percentage (usually around 40% to 60%) of the property's market value.

This proposition allows the client to avail the loans for tenures up to a maximum period of 15 years. Loan against Property is suitable for meeting contingencies such as marriage, higher education, medical treatment, or even for business expansions.

Mr. Manish Sheth
Mr. Manish Sheth
MD & CEO, Home Loans

Mr. Sheth joined JM Financial in 2001 and has been associated with the group from more than two decades. Since then, he has played various roles in transforming JM Financial group into a financial services conglomerate. In the year 2017, Mr. Sheth successfully incubated and built a housing finance business from scratch. He convinced the management and the board to venture into a value creation opportunity by getting into affordable housing finance. He managed right from applying to NHB to recruiting right talent and operationalizing the business.

From 2006 to 2023, he served as the Group CFO. In addition to overseeing finance and related matters of JM Financials’ Group’s key business segments including Investment Banking, Wealth and Securities business, NBFCs, HFC, Private Equity (PE), Asset Reconstruction (ARC), Asset Management (Mutual Fund) and Alternate Investment Fund (AIF) businesses, he was also responsible for international treasury and operations. Additionally, he was a part of the Investor Relations function for the group and a member of the Group Asset Liability management committee (Group ALCO). He has been a first port of call for restructuring, negotiations and execution for any JV, stake sale, strategic investments or acquisition opportunity for the group.

Additionally, Mr. Sheth is a member of IC for JM Financial family office having investments across asset classes (Equities, Debt, PEs & VCs, Real Estate, and Overseas). Some of the marquee investments includes investments in pre-IPO shares of Facebook (US), international REITs, Private Equity investments in Nykaa, PharmEasy, Toothsi, Jupiter hospital, Multiples PE, Asha impact fund, Paragon partners etc.

Mr. Sheth is also a trustee of JM Financial Foundation, a charitable trust carrying on philanthropy and CSR initiatives for JM Financial Group. Trust has a corpus of over Rs 100 Crores and its implementing variety of charitable and CSR projects across hinterland in India. Trusts operates in Bihar, Jharkhand, Gujarat, Rajasthan and Maharashtra through their projects across Poverty alienation, Healthcare, Education and livelihood support initiatives

Mr. Sheth was also awarded as Best CFO winner in the category, ‘CA CFO Financial, Consulting and Other Service Sector’ at the 11th ICAI Awards in 2017.