Sundaram Home Finance doubles Emerging Business Branch network to 100 in under 12 months
SHF Avinashi 100 EB branch inauguration
Chennai, February
6, 2026: Sundaram Home Finance has doubled its ‘Emerging Business’ (EB) branch
network to 100 branches, growing from 50 to 100 in under 12 months. The
Emerging Business segment focuses on affordable housing financing and small
ticket working capital loans.
Doubles
EB branch network through outside TN expansion
The company, which
launched the new emerging business segment in October 2022, took close to 3
years to set up the first 50 branches. As part of the doubling of the network
to 100 branches, the company has expanded its presence outside Tamil Nadu to
Andhra, Telangana and Karnataka over the last 12 months.
Targets to double West TN EB disbursements
In West Tamil Nadu, the company has a
network of over 15 EB branches including in small towns such as Pollachi,
Dharapuram and Tirupur. The company registered disbursements of over Rs. 70crores
in the Emerging Business segment in West TN at the end of December 2025 and is
targeting to double that in this region over the next 12 months.
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| D. Lakshminarayanan, MD, Sundaram Home Finance.PNG |
Commenting on the
milestone of 100 EB branches, D. Lakshminarayanan, MD, Sundaram Home Finance
said, “While we took time to expand in the initial phase understanding the
market and the new segment, the strong foundation laid in that phase in TN is
now helping us expand rapidly into geographies outside the state. This has
resulted in us doubling the Emerging Business network to 100 branches within
the last 12 months. A good part of our expansion this year in this segment has
taken place outside TN - in Karnataka, Telangana and Andhra Pradesh.”
Targeting
Rs. 500crores EB disbursements in FY26
In the first nine
months of the year, the company clocked disbursement of over Rs. 400crores in
the Emerging Business segment and is targeting to cross Rs. 500crores
disbursements by the end of the year.
To
expand further in small towns
On the outlook for
the Emerging Business segment, Lakshminarayanan said, “With 100 branches now
in place, we believe we are well positioned for fast-paced growth in the EB
segment. Subsidies announced in the budget will boost demand in the affordable
housing space, serving as a key growth driver for us. We see untapped potential
in the TN market and will expand into new Tier 4-5 locations within the state.
Going forward, we will also continue to make fresh inroads into smaller towns
in Karnataka, Andhra and Telangana.”
The 100th Emerging
Business branch was inaugurated today at Avinashi, near Coimbatore, by D.
Lakshminarayanan, MD, Sundaram Home Finance.
The company
registered Net Profit of Rs. 212crores on disbursements of Rs. 4911crores for
the first nine months ended 31st December 2025.
Sundaram Home
Finance provides home loans, plot loans, home improvement & extension
loans, affordable housing finance, loans against property and small ticket
loans to entrepreneurs.
