The EB segment comprises affordable housing finance and small-ticket loans
Sundaram Home Finance on Thursday said it now plans to open another 25 new Emerging Business (EB) branches in South India this year. These new branches will come up in tier-3 and -4 towns in Tamil Nadu, Karnataka, Andhra Pradesh and Telangana, the company said. The company crossed the milestone of 100 EB branches last year
The EB segment comprises affordable housing finance and small-ticket loans. The company, which had registered disbursements of ₹590 crore in the Emerging Business segment last year, is targeting disbursements of around ₹1,000 crore in this segment this year.
As part of its expansion, the company also plans to hire around 300 people in this segment this year to add to its existing 800 employees.
D Lakshminarayanan, MD, Sundaram Home Finance, said, “We believe there are a number of opportunities in the affordable housing segment in smaller towns in South India. Our plan is to leverage the growing demand for affordable housing by setting up new branches in tier-3 and -4 towns.”
Sundaram Home Finance registered net profit of ₹282 crore on disbursements of ₹6,842 crores in FY26. Assets under management grew 14 per cent last year.
Sundaram Home Finance, the wholly-owned subsidiary of Sundaram Finance, provides home loans, plot loans, home improvement & extension loans, affordable housing finance, loans against property and small ticket loans to entrepreneurs.
Published on June 4, 2026
