Sundaram
Home Finance forays into Puducherry in the Emerging Business segment
Chennai,
March 16, 2026: Following its expansion into Karnataka, Andhra and Telangana
earlier this year, Sundaram Home Finance has now forayed into Puducherry in the
Emerging Business segment that comprises of Affordable Housing Finance and Working
Capital Loans.
Last
month, the Emerging Business segment crossed the milestone of 100 branches with
more than half of them being in Tamil Nadu.
The
company is targeting disbursements of over Rs. 10crores in the initial phase in
this segment in Puducherry.
 |
| D. Lakshminarayanan, MD, Sundaram Home Finance |
On
the foray, D. Lakshminarayanan, MD, Sundaram Home Finance said, “Puducherry
is a vibrant affordable housing market. There are lots of small affordable
housing communities situated on the outskirts of Puducherry and we see this as
a thriving market for our affordable housing segment. In addition, Puducherry
is an education hub and job opportunities are on the rise. We believe that
these factors will drive affordable housing segment.”
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.
