Home Credit India Preparing to Enter Loan Against Property Segment, Appoints Neeraj Jain to Lead Business

Gurugram, August 7, 2025: Home Credit India, a leading consumer finance company, announced that it’s getting ready for strategic expansion into the loan-against-property (LAP) business segment on Thursday.

To spearhead this, the company has appointed Neeraj Jain as the new head of LAP. The move marks a significant step in Home Credit India’s mission to diversify its product portfolio into secured products and deepen its presence in the financial services market.

Jain brings over 22 years of experience in the financial services industry with a strong focus on secured lending, operations and customer experience. Throughout his career, he has held key positions at prestigious organisations and leading financial institutions.

Vivek Singh, CEO, Home Credit India, said, “The launch of our LAP business is a natural progression of our growth strategy, allowing us to serve a wider range of customer needs. We are delighted to have Neeraj join our team to spearhead this new business vertical. His vast experience and deep expertise in the LAP market will be invaluable as we build this business and expand our footprint.”

Sharing his vision, Jain said, “I am honoured and excited to lead Home Credit India’s foray into the LAP segment. The brand’s commitment to financial inclusion and its robust pan-India network provides a tremendous platform for success. I am confident that by leveraging our strong foundation and a customer-centric approach, we can establish Home Credit India as a key player in the LAP market.”

A native of Delhi, Jain has a PG  diploma in management from BIMM, Pune. Under his leadership, Home Credit India is poised to offer simple, transparent and tech-driven LAP solutions, building on its reputation for responsible lending while delivering superior customer experience.

Home Credit India remains deeply committed to its core mission of financially empowering its customers. The introduction of the LAP segment aligns perfectly with this objective, providing a new avenue for individuals and small business owners to unlock the value of their property to meet diverse financial goals—from business expansion to personal needs.