Sundaram Home Finance Aims for Nationwide Expansion

Sundaram Home Finance Ltd plans to expand from 50 to 100 branches, aiming to disburse Rs 500 crore in its emerging business segment by FY2026. The company is expanding its branch network in southern Indian states and beyond, targeting stronger growth outside Tamil Nadu.

Sundaram Home Finance Ltd, a subsidiary of Sundaram Finance, has announced plans to significantly broaden its reach by increasing its branch network from 50 to 100 by the end of the financial year.

The Chennai-based firm's emerging business segment aims for a Rs 500 crore disbursement in FY2026, according to Managing Director D Lakshminarayanan.

Recent months have seen expansion efforts in Andhra Pradesh, Telangana, Karnataka, and parts of Tamil Nadu, illustrating Sundaram Home Finance's strategy to boost growth outside its traditional market.

(With inputs from agencies.)