Sundaram
Home Finance expands ‘Emerging Business’ presence in South TN
Chennai,
March 25, 2026: Sundaram Home Finance has announced the expansion of its
presence in the Emerging Business (EB) segment in South Tamil Nadu. This week
the company expanded into two historic temple towns in South TN opening new EB branches
in Sankaran Koil and Ambasamudram. Over the next 12months, the company plans to
open another 5 branches in South TN as part of its continuing expansion in this
segment.
The
EB segment comprises of Affordable Housing Finance and Working Capital Loans.
Targets
EB disbursements of Rs. 200cr in South TN
The
company is targeting disbursements of Rs. 200 crores in South TN in the EB
segment next year.
Commenting
on the expansion, D. Lakshminarayanan, MD, Sundaram Home Finance said, “We
had diversified into the Emerging Business segment in October 2022 with a foray
first into South Tamil Nadu setting up new branches in and around Madurai. In
the last 3 ½ years, we have established a strong base in South TN with 15
Emerging Business branches. In the next phase of our expansion, we are looking to
solidify and strengthen our presence in South TN penetrating deeper into Tier 4
and 5 towns in this region.”
Sundaram
Home Finance has over 100 Emerging Business branches spread across TN, Andhra,
Telangana and Karnataka.
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.
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