Sundaram Finance Limited: Company Research Report
Company Overview
- Name: Sundaram Finance Limited
- Mission: To deliver the Sundaram Experience to all customers, big and small, in keeping with the ethos of the company.
- Vision: To be the most respected NBFC (Non-Banking Financial Company) in the country.
- Founded: Sundaram Finance was established in 1954.
- Founder: Sri T.S. Santhanam
- Headquarters: Sundaram Finance Limited, Regd. Office: 21, Patullos Road, Chennai - 600002, India.
- Number of Employees: No information is available.
- Revenue: No information on recent financials. However, as part of the TSF Group, the financial services business has more than Rs. 50,000 crores in assets.
- Key People: The founder was a prominent figure, no current key management specified.
- What is the Company Known For: Sundaram Finance is known as a leading financial services provider, particularly in automotive lending, general insurance, housing loans, and asset management. It has a nationwide presence with nearly 1000 branches.
Products
Sundaram Finance offers a variety of financial products and services designed to cater to a wide spectrum of customer needs:
1. Car Finance: Provides loans with super-fast turnaround times for vehicle purchases.
2. Commercial Vehicle Finance: Tailored solutions for commercial vehicle operators.
3. Construction Equipment Finance: Financial solutions to support India's infrastructure growth.
4. Diesel Finance: Enables diesel purchases anytime, anywhere in India.
5. Tyre Finance: Keeps trucks operational with financing options for tyre purchases.
6. Insurance Finance: Offers both finance and insurance services for vehicles.
7. Farm Equipment Finance: Custom financing for farm equipment, with repayment options aligned to seasonality in business.
8. SME Finance: Customized finance solutions to help SMEs grow their businesses.
9. Leasing: Provides leasing options to reduce the need for capital purchases.
Investment Products
- Fixed Deposits: Highly trusted with over two lakh depositors.
- Investment Services: Personalized and unbiased investment management offerings.
- Mutual Funds: Access to a range of mutual funds to help grow investments.
- Life Insurance: Offers simple and hassle-free insurance services.
Recent Developments
- Recent Developments: No specific recent developments provided.
- New Products Launched: No information is available.
- New Features Added to Existing Products: No information is available.
- New Partnerships: No information is available.
Additional Information
- Corporate Philosophy: Sundaram Finance follows a philosophy that combines growth, quality, and profitability while staying true to its core values known as "The Sundaram Way". This philosophy emphasizes customer focus, prudence, honesty, and fairness.
- Heritage & Awards: Sundaram Finance has been recognized with several awards including the 'Best NBFC category' at the Financial Express Best Bank Awards (2019-20) and others such as the 'Best Lifecycle Achievement Award' for its Managing Director in 2018.
Community Activities
- Sundaram Finance and its subsidiaries engage in community activities focusing on health, education, environment, and cultural heritage. Major initiatives include the Sundaram Medical Foundation and Lakshmi Charities which support healthcare and educational needs for lower-income groups.
For more detailed information or inquiries, please contact Sundaram Finance Limited at their registered office or through their customer service channels.
