Expanding now to Tier 3 and 4 towns in TN
Sundaram
Home Finance to double ‘Emerging Business’ branch network in Central TN
Targets
Rs.120crores disbursements in 12 months
Chennai
November 24, 2025: Continuing its expansion in the Emerging Business segment,
Sundaram Home Finance is planning to more than double its branch network in
this segment in Tier 3 and 4 towns in Central TN. The company, which has 12
branches in this region, is looking to take this up to 25branches. Over the
next 12 months, the company is targeting disbursements of Rs. 120crores in the
Emerging Segment in Central Tamil Nadu. As part of this expansion, the company
today opened a new branch in Pattukottai, near Thanjavur.
Emerging
Business segment of Sundaram Home Finance comprises small ticket loans of up to
Rs. 20lakhs and affordable housing finance of up to Rs. 40lakhs.
Commenting
on the expansion plans, D. Lakshminarayanan, MD, Sundaram Home Finance said, “In
line with our stated intent of consolidating and strengthening our presence in
TN, we are now targeting Tier 3 and 4 towns in the state for our next phase of
our expansion in the Emerging Business segment. Over the last year, we had
opened branches in towns such as Trichy, Thanjavur, Thiruvarur and Kumbakonam
in Central TN and are now looking to penetrate deeper into smaller towns in
this region.”
On
the opportunities in smaller towns, he said, “We believe the growing
entrepreneurial climate is throwing open new opportunities to tap into in
smaller towns in TN in the Emerging Business segment.”
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.
