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Sundaram Finance’s arm looking to serve small traders by offering customised loans

06 Oct 2022 Evaluate

Sundaram Finance’s wholly owned subsidiary -- Sundaram Home Finance is looking to serve small traders in tier 2 and 3 cities by offering customised loans to support their business growth. It has inaugurated a small business loan branch in Madurai and would also open a similar outlet in Tenkasi, later this week.

The branches would exclusively focus on providing small business loans against residential property of the small traders to meet working capital requirements.

Sundaram Finance has a diversified presence in Mutual Funds, Housing Finance, General Insurance, IT, Business Process Outsourcing and Retail Distribution of a wide array of financial services and products.

Peers
Company Name CMP
Bajaj Finance 1040.00
Shriram Finance 1007.00
Aditya Birla Capital 402.00
Tata Capital 350.05
Chola Invest & Fin. 1770.45
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