Hinduja Leyland Finance was incorporated on November 12, 2008. HLF's assets under management have grown at a CAGR of 53% to Rs.10,000 crores (as of March 31, 2016).
HLF finances a wide range of commercial and personal vehicles in the primary as well as the secondary market of used vehicles. These include medium and heavy commercial vehicles (“MHCVs”), light commercial vehicles (“LCVs”), small commercial vehicles (“SCVs”), cars, multi-utility vehicles, three wheelers and two wheelers.
HLF's vehicle finance business has a diversified customer base comprising of First Time Buyers, Captive Users, Retail Operators, Strategic and Large Fleet Owners, Small Truck Owners and self-employed individuals, who are largely based in urban and semi-urban locations. HLF also finances tractors and construction equipment and provides loans against property. In September 2015, HLF launched housing finance business through their wholly owned subsidiary, Hinduja Housing Finance Limited, which focuses on providing finance for affordable housing loans.