Sundaram Home Finance to expand emerging business segment in TN
2 min read
The company ended FY26 with assets under management of over ₹650 crore in the EB segment in TN
Sundaram Home Finance, a wholly owned subsidiary of Sundaram Finance, is set to scale up its operations within the Emerging Business (EB) segment across Tamil Nadu. This specific division is dedicated to providing small-ticket working capital loans and affordable housing finance.
Key Takeaways
- Sundaram Home Finance plans to scale up its Emerging Business (EB) segment across Tamil Nadu after ending FY26 with over Rs 650 crore in AUM there.
- The company aims to roughly double EB assets under management to about Rs 1,300 crore by the end of the current financial year.
- It plans to open more than 10 new branches in smaller Tamil Nadu towns, including recent launches in Ottanchattiram and Ramanathapuram.
- Since entering the EB market via Madurai in October 2022, Sundaram has grown to roughly 70 branches and plans to add 50 new EB staff.
Having concluded FY26 with assets under management (AUM) exceeding ₹650 crore in Tamil Nadu’s EB segment, the company aims to double this figure to approximately ₹1,300 crore by the close of the current financial year.
To support this growth, the firm intends to establish more than 10 new branches in smaller towns throughout the state, with recent openings already completed in Ottanchattiram and Ramanathapuram. Since its entry into the EB market via Madurai in October 2022, the company has successfully launched roughly 70 EB branches across Tamil Nadu over the past four years.
In line with these expansion efforts, Sundaram Home Finance plans to add 50 new employees to its existing EB workforce of over 500 staff members in the state.
Published on September 4, 2026
