Company Description
Sundaram Finance was established in 1954 when Sri T. S. Santhanam, the Founder, envisioned the future of hire-purchase finance in India. The company was started with a paid-up capital of Rs. 2 Lakhs and promoted by Madras Motor & General Insurance Company which was then one of the leading insurance companies in India prior to nationalisation in 1971.
Started with the primary objective of financing the purchase of commercial vehicles, the company, has today grown into one of the most trusted financial services groups in India. It has a nation-wide presence of nearly 640 branches, over two lakh depositors and three lakh commercial vehicle and car finance customers.
Today, Sundaram Finance Limited has a diversified presence in Mutual Funds, Housing Finance, General Insurance, IT, Business Process Outsourcing and Retail Distribution of a wide array of financial services and products.
Sundaram Finance embraces a philosophy that combines Growth, Quality and Profitability and remains rooted to its ideal of protecting and enhancing shareholder value. The founding philosophy of the company is that everything begins with the customer and the very genesis of the company was a response to a widely felt need among road transport operators for a fair and reasonable dispensation of financial assistance. Our Founder, Late Sri T S Santhanam, enshrined in the company, the core values which we call - The Sundaram Way - that have been our guiding light, through the decades. While we are deeply rooted in our values and proud of our heritage, we are also constantly innovating in terms of technology and processes to deliver the unique Sundaram Experience.