Sundaram Finance’s wholly-owned subsidiary -- Sundaram Home Finance has strengthened its footprint in Madhya Pradesh with the opening of two new branches. The company inaugurated a branch in Pithampur and Ratlam and has targeted disbursements of Rs 300 crore in Madhya Pradesh this financial year (FY26).
This expansion in Madhya Pradesh is in line with the company’s intent of identifying select growth opportunities in Tier II and III towns outside South India and building a stronger base in states where it already presents in. The company currently operates two branches in Indore and one in Bhopal. With the current expansion in Pithampur and Ratlam, the total number of branches operated by Sundaram Home Finance in Madhya Pradesh increases to five.
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.
