Sundaram Finance’s JV - Sundaram BNP Paribas Home Finance has reduced its rate of interest for new home loans from 9.20 percent per annum to 8.70 percent per annum effective from January 10, 2017. Sundaram BNP Paribas Home Finance is a 50.1% - 49.9% Joint Venture (JV) between Sundaram Finance and BNP Paribas. The company has over 100 branches spread across the country with over 50,000 customers.
Sundaram Finance is one of the oldest and largest providers of finance for the acquisition of commercial vehicles of all makes. The commercial vehicle finance provided by it helps the small operators to acquire vehicles with minimum hassle and documentation.