D Lakshminarayanan, MD, Sundaram Home Finance
Sundaram Home Finance on Wednesday announced the expansion of its presence in the Emerging Business (EB) segment in South Tamil Nadu. The company expanded into two historic temple towns in the southern part of the State, opening new EB branches in Sankaran Koil and Ambasamudram this week.
Over the next 12 months, the company plans to open another 5 branches in South TN as part of its continuing expansion in this segment.The EB segment comprises affordable housing finance and working capital loans. The company is targeting disbursements of ₹200 crore in South TN in the EB segment next year.
D Lakshminarayanan, MD, Sundaram Home Finance, said in a statement, “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 three-and-a-half 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.
Published on March 25, 2026
