Sundaram Home Finance forays into Telangana in the Emerging Business segment
Chennai, November 18, 2025: As part of its
strategic South India expansion, Sundaram Home Finance is now foraying into
Telangana in the Emerging Business (EB) segment comprising of small business
loans and affordable housing finance.
Following its diversification into this
segment in October 2022, the company has expanded to over 50 branches, a
majority of which are in TN and is now looking to expand its presence outside
the state.
Commenting on the foray into Telangana, D.
Lakshminarayanan, MD, Sundaram Home Finance said “The foray into Telangana represents
another phase of our strategic expansion across South India in the Emerging
Business segment following our entries into Andhra and Karnataka earlier this
year. Small entrepreneurs in Tier 3 and 4 towns of Telangana are gearing up for
their next phase of growth creating positive opportunities for us in the small
ticket loans segment. We also see strong potential in the
affordable housing sector across smaller towns in the state and are confident
of tapping new growth avenues in the low to mid income housing segment.”
To open around 10 new branches
On the specific plans for Telangana,
Lakshminarayanan said, “Our plan in the initial phase is to open around 10
new Emerging Business branches in Telangana and are looking at disbursements of
Rs. 120-150 crores over the next 12months in this segment in the state.”
New Markets to drive EB growth
On the growth drivers in the EB segment, he
said, “Having established a strong presence in TN over the last three years,
we are now looking at Andhra, Karnataka and Telangana to drive our growth in
the Emerging Business segment. While we will look to consolidate and strengthen
our presence in TN, we believe that these three states provide us with new
growth opportunities in this segment in the next phase.”
Three-fold growth in H1
In the first half of the year, the Emerging
Business segment had registered disbursements of Rs. 229crores, a three-fold
growth over the first half of the previous year.
Sundaram Home Finance, a wholly owned
subsidiary of Sundaram Finance Ltd., provides home loans, plot loans, home
improvement & extension loans, loans against property, affordable housing
finance and small ticket loans to entrepreneurs. The company has over 150
branches across the country.
