D Lakshminarayanan, MD, Sundaram Home Finance
| Photo Credit:
KSL
Sundaram Home Finance is planning to more than double its branch network in the ‘Emerging Business’ segment in Tier-3 and -4 towns in central Tamil Nadu, and is eyeing disbursements of ₹120 crore over the next 12 months. The company, which has 12 branches in this region, is looking to take this up to 25 branches.
As a part of this expansion, the company opened a new branch in Pattukottai, near Thanjavur, on Monday.
Its ‘Emerging Business’ segment comprises small ticket loans of up to ₹20 lakh and affordable housing finance of up to ₹40 lakh.
Big bet on small town
Commenting on the expansion plans, D Lakshminarayanan, MD, Sundaram Home Finance, said, “We are now targeting Tier-3 and -4 towns in the State for our next phase of expansion in the ‘Emerging Business’ segment. Over the last year, we had opened branches in towns like Trichy, Thanjavur, Thiruvarur and Kumbakonam in central Tamil Nadu, and are now looking to penetrate deeper into smaller towns in this region.”
On the opportunities in smaller towns, he said, “We believe the growing entrepreneurial climate is throwing open new opportunities to tap into in smaller towns in Tamil Nadu in the ‘Emerging Business’ segment.”
Sundaram Home Finance, a wholly-owned subsidiary of Sundaram Finance, provides home loans, plot loans, home improvement & extension loans, loans against property, affordable housing finance and small-ticket loans to entrepreneurs.
Published on November 25, 2025