Sundaram Finance Ltd

Sundaram Home Finance Ltd Interest Rate up to 8% Effective yield 8.93%

 

Company Profile

Sundaram Finance has grown over the past decades on the foundations of dedicated customer service, fair business practices, efficient, safe and trusted financial policies.

Strong Values

Faith. Depositor Confidence. Institutional Trust. Investor Steadfastness. Employee loyalty. These five pillars support the strong edifice of Sundaram Finance. An edifice built in 1954, when Shri T.S.Santhanam envisioned the future of Hire-purchase Finance in India. Sundaram Finance was promoted by Madras Motor Insurance Company, a part of the reputed TVS Group.

A visionary ahead of his times, Shri Santhanam identified the opportunities that arose as a fledgling nation embarked on the path of development, anticipating the important role the finance industry would play in the emerging market scenario in the country. It was his foresight and entrepreneurial instincts, which laid the foundations of Sundaram Finance. Foundations that would ensure a secure future.

Reaching Out

Driven by the sincerity of Shri Santhanam’s concern for commitment to and passion for the small truck operators, at a time when the focus was only on financing large truck operators, Sundaram Finance emerged as a leading financier of the transport sector. Devoting its services to the growth of the road transport industry, Sundaram Finance is today synonymous with automotive financing in the country.

Credit Rating

Rated MAAA/Stable by ICRA

Who can Apply/Invest

Resident Individual / HUF / Private Limited Companies / NRI / Co-op Societies / Co-op Bank / Association Persons / Trusts.

General Terms & Conditions

1] Cumulative Scheme – Interest Compounded Quarterly.

2] Non-Cumulative – Interest Payable Monthly / Quarterly.

3] Additional 0.50% p.a. rate for Senior Citizen .

4] Minimum deposit for others Rs. 10,000/- and in multiples of Rs. 1,000/-.

5] Quarterly Interest is Payable on the last day of March, June, September, and December, of every year.

6] Nomination facility available.

7] Interest Payment will take place through ECS.

8] Repayment will take place through Cheque/ RTGS/ NEFT.

9] Fixed Deposit Receipt(FDR) will be dispatched directly to the depositor by registered post /courier service at the address provided in the application form within 08(eight) weeks or such extended period as may be decided by Company, from the date of DD/cheque realisation.

Impotant Information(Instruction)

Attach Following Document Along With The Application Form:-

1] Self attested copy of PAN Card and address proof (all the applicants in case of joint applications).

2] Stick Passport size photograph of sole applicant on application form.

3] Signature of all applicants on the application form.

4] At par A/c Payee Cheque / DD (payable at Pune) should be drawn in favour of “Sundaram Finance Ltd “.

5] One cancelled cheque (for ECS).

6] Send your application form on our address.

7] The Acknowledgement copy will be sent by Email / Post.

8] Keep photocopy of application form for your record.

9] Free Home Service is available.*

For Renewal of Deposit

Send us below mentioned documents along with the Original FDR

1] Stick Rs.1 Revenue stamp on the back side of fixed deposit receipt and across Signed by all depositors.

2] Signature of all applicants on the application form.

3] Self attested copy of PAN Card and address proof (all the applicants in case of joint application)

4] One cancelled cheque (for ECS).

5] Stick Passport size photograph of sole applicant on application form.

Sundaram Finance Ltd Deposit

Term(in Months)
Monthly Interest Rate
Quarterly Interest Rates
Cumulative Effective Yield %
127.95%8.00%8.20%
187.95%8.00%8.40%
247.95%8.00%8.60%
367.95%8.00%8.93%

Profit & Dividend

Sundaram Finance Ltd Profit & Dividend (in Lakh)

Year
Profit Before Tax
Profit after Tax
Dividend (%)
201359260.8941011.0690
201464663.1444251.32100
201565119.8245414.36105

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