PHF Leasing Limited announces hiring of over 200 people over the next two quarters

Press Release, Mar 19, 2024, 12:25 PM IST

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PHF Leasing Limited, the Metropolitan Stock Exchange listed (PHF / INE405N01016), deposit accepting NBFC, headquartered in Jalandhar, Punjab, announced their hiring plans for the next two quarters. From the current 400+ employees, the company is targeting to employ another 200 people across sectors over the next two quarters, in keeping with its growth plans and new office openings.

PHF Leasing is a category “A” Deposit taking Non-Banking Financial Company registered with Reserve Bank of India since 1998.

PHF Leasing has been on a growth overdrive, clocking over 100% growth over the last 3 years, by opening new segments (Loan Against Property and Electric Light Commercial Vehicles) and new geographies. Today, it has presence in Punjab, Haryana, Chandigarh, Himachal Pradesh, Jammu, Rajasthan, Delhi NCR, Uttar Pradesh, Uttarakhand, Jammu and Madhya Pradesh and most of the recruitment will be to strengthen the teams in these places as well as open some eastern states like Bihar, West Bengal, etc.

“As we grow, our people requirement will grow significantly too. In the immediate future, we hope to increase our staff strength substantially and PHF will become a force to reckon with in our areas of operations. We hope to recruit around 200 people across all functions by September / October of this year. We invest heavily in our human resources and this will continue”, says Shalya Gupta, CEO, PHF Leasing Limited.

“People Centricity is one of our core strengths and at PHF Leasing we ensure that the bond with the employees is not transactional but carefully nurtured at a personal level as well. We have put systems in place to ensure that our employees feel comfortable, motivated and excel in their jobs. Cross functional connections is one of the mainstays of our HR policy and our teams have a deep bond within the company. We are happy to have low attrition and hope to maintain it in the years to come”, he adds.

About PHF Leasing Limited:
Incorporated in 1992, PHF Leasing Limited is a Metropolitan Stock Exchange of India listed, deposit accepting NBFC, headquartered in Jallandhar, Punjab. The Company is a category “A” Deposit taking Non-Banking Financial Company registered with Reserve Bank of India since 1998. The product portfolio includes Mortgage loans against immovable property (LAP) and financing E-vehicles primarily E-rickshaws, E-loaders and EV – 2 wheelers.

Operating in Nine states & UT, PHF Leasing is operating in 100+ Locations and employs 400+ people.

For more information, please visit: www.phfleasing.com

SAFE HARBOUR STATEMENT:
This release may include certain ‘forward looking statements’, based on current expectations, forecasts and assumptions within the meaning of applicable laws and regulations. They are subject to risks and uncertainties which could cause actual outcomes and results to differ materially from these statements. The Company disclaims any obligation to revise any forward-looking statements.