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.