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Sundaram Home Finance
4.2
based on 174 Reviews
Company Overview
Company Locations
Working at Sundaram Home Finance
Company Summary
Sundaram Home Finance offers tailored home financing solutions, leveraging regulatory partnerships and a strong market presence to meet diverse customer needs.
Overall Rating
4.2/5
based on 174 reviews
5% above
industry average
Highly rated for
Job security, Work-life balance, Company culture
Work Policy
Work from office
90% employees reported
Monday to Saturday
45% employees reported
Strict timing
56% employees reported
Within city
50% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
7 employees reported
Health insurance
3 employees reported
Office cab/shuttle
2 employees reported
Child care facility
1 employee reported
View all benefits
About Sundaram Home Finance
Founded in1999 (26 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersChennai, Tamil Nadu, India
Office Locations
--
Websitesundaramhome.in
Primary Industry
Other Industries
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Sundaram Home Finance Limited was incorporated on July 2, 1999, as a subsidiary of Sundaram Finance Limited (under the Companies Act 1956). The Company has obtained (Certificate of Registration) under Section 29A of NHB ACT 1987 from National Housing Bank (NHB is the regulator and advisory for Home Loan Companies) To leverage the market potential further, Sundaram Finance Limited (SFL) and BNP Paribas Personal Finance (formerly Union de Credit pour le Batiment (UCB) a wholly-owned subsidiary of BNP Paribas France), entered into a joint venture agreement on 9th of May 2007. UCB acquired a 49.9% stake in Sundaram Home Finance Limited. Consequent to the completion of the statutory regulatory approvals, the Company was renamed as Sundaram BNP Paribas Home Finance Limited effective 28th November 2007.Based on Share Purchase Agreement dated 21st June 2019, Sundaram Finance Limited has acquired the shares held by BNP Paribas Personal Finance on 30th September 2019 consequent to the receipt of all regulatory approvals relating to the acquisition by Sundaram Finance of BNP Paribas Personal Finance’s stake in Sundaram BNP Paribas Home Finance Ltd., the name of the Sundaram Finance’s Home Finance Subsidiary has been changed to Sundaram Home Finance Ltd effective 18th November 2019.
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Sundaram Home Finance Ratings
based on 174 reviews
Overall Rating
4.2/5
How AmbitionBox ratings work?
5
98
4
41
3
15
2
7
1
13
Category Ratings
4.3
Job security
4.2
Work-life balance
4.1
Company culture
4.0
Skill development
4.0
Work satisfaction
3.8
Salary
3.6
Promotions
Sundaram Home Finance is rated 4.2 out of 5 stars on AmbitionBox, based on 174 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Sundaram Home Finance
based on 167 reviews
3.7
Rated by 19 Women
Rated 4.2 for Job security and 3.5 for Work-life balance
4.3
Rated by 148 Men
Rated 4.3 for Work-life balance and 4.3 for Job security
Work Policy at Sundaram Home Finance
based on 39 reviews in last 6 months
Work from office
90%
Hybrid
10%
Sundaram Home Finance Reviews
Top mentions in Sundaram Home Finance Reviews
+ 5 more
Compare Sundaram Home Finance with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.2/5 based on 174 reviews | 4.0/5 based on 5.3k reviews | 4.5/5 based on 7k reviews | 4.1/5 based on 7.3k reviews |
Highly Rated for | Job security Work-life balance Company culture | Work-life balance Skill development Salary | Skill development Work-life balance Job security | Job security Work-life balance Skill development |
Critically Rated for | No critically rated category | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 90% employees reported | Work from office 89% employees reported | Work from office 92% employees reported | Work from office 87% employees reported |
Rating by Women Employees | 3.7 Good rated by 19 women | 3.9 Good rated by 1.1k women | 4.5 Good rated by 2.3k women | 3.9 Good rated by 735 women |
Rating by Men Employees | 4.3 Good rated by 148 men | 4.0 Good rated by 3.9k men | 4.5 Good rated by 4.4k men | 4.1 Good rated by 6.1k men |
Job security | 4.3 Good | 3.8 Good | 4.4 Good | 4.0 Good |
View more
Sundaram Home Finance Salaries
Sundaram Home Finance salaries have received with an average score of 3.8 out of 5 by 174 employees.
Branch Manager
(56 salaries)
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₹5.1 L/yr - ₹12 L/yr
Business Development Officer
(39 salaries)
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₹2.4 L/yr - ₹6.2 L/yr
Branch Support Officer
(30 salaries)
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₹2.6 L/yr - ₹4.5 L/yr
Branch Credit Officer
(19 salaries)
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₹2.4 L/yr - ₹4.8 L/yr
Deputy Manager
(12 salaries)
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₹5.7 L/yr - ₹12 L/yr
Assistant Manager - Legal
(12 salaries)
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₹4 L/yr - ₹9 L/yr
Credit Officer
(10 salaries)
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₹2.9 L/yr - ₹5 L/yr
Legal Manager
(9 salaries)
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₹6.4 L/yr - ₹14 L/yr
Credit Manager
(7 salaries)
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₹5.8 L/yr - ₹9.6 L/yr
Business Development Associate
(7 salaries)
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₹2.6 L/yr - ₹3.3 L/yr
Sundaram Home Finance News
View all
Sundaram Home expands in Chennai with a new Ambattur branch
- Sundaram Home plans to achieve ₹50 crore in disbursements from its Chennai Zone in the EB segment in the next 12 months.
- The new Ambattur branch will focus on serving the company's prime home finance customers.
- Ambattur is experiencing rapid industrialization and houses a large number of manufacturing and IT firms.
- Sundaram Home Finance recently expanded its network by opening four new branches in North Tamil Nadu.
HinduBusinessLine | 17 Mar, 2025
Sundaram Home Finance aims to double Emerging Business to ₹400 crore in 12 months
- Sundaram Home Finance, a subsidiary of Sundaram Finance, aims to double its Emerging Business segment to ₹400 crore in the next 12 months.
- The company has set up over 40 branches in Tamil Nadu and recently expanded into Andhra Pradesh. It plans to enter Telangana in the next phase of growth.
- The Emerging Business segment includes small business loans up to ₹20 lakh and affordable housing finance up to ₹35 lakh.
- Sundaram Home Finance aims to stabilize and strengthen the branch network in Tamil Nadu and Andhra Pradesh, expecting to double the current disbursements of ₹200 crore in the next 12 months.
HinduBusinessLine | 25 Feb, 2025
Sundaram Home posts Q3 net profit at ₹63 crore, disbursements rise 35%
- Sundaram Home Finance reported a Q3 net profit of ₹63 crore as disbursements rose by 35%.
- In December 2024, the company achieved a record monthly disbursement of ₹618 crore, reflecting its ability to leverage growth opportunities.
- For the nine months ending December 31, 2024, the company posted a net profit of ₹173.09 crore, with disbursements increasing by 29% to ₹4,588 crore.
- The company's Assets Under Management (AUM) reached ₹14,577 crore with a 14% growth compared to the same period in 2023.
HinduBusinessLine | 28 Jan, 2025
Sundaram Home posts Q3 net profit at ₹63 crore, disbursements rise 35%
- Sundaram Home Finance reported a net profit of ₹63 crore in Q3, with disbursements rising by 35%.
- December 2024 marked a record monthly disbursement of ₹618 crore, reflecting the company's ability to leverage growth opportunities.
- For the nine-month period ending in December 2024, the company recorded a net profit of ₹173.09 crore and disbursements of ₹4,588 crore.
- Sundaram Home Finance achieved a 14% growth in Assets Under Management (AUM) reaching ₹14,577 crore as of December 2024.
HinduBusinessLine | 28 Jan, 2025
Sundaram Home expands presence in Chennai region, aims ₹50 cr disbursements
- Sundaram Home Finance has expanded its presence in the Chennai region with the opening of a new branch in Tambaram.
- The branch will specialize in small business loans and affordable housing finance.
- They plan to serve customers in surrounding areas such as Selaiyur, Mudichur, Perungaluthur, Manimangalam, Urapakkam, and Guduvanchery.
- The company anticipates disbursements of around ₹50 crore in the Emerging Business segment from the Chennai zone in the next 12 months.
HinduBusinessLine | 20 Jan, 2025
Sundaram Home Finance targets solid growth in west TN; opens new EB branch in Pollachi
- Sundaram Home Finance has opened a new branch in Pollachi, targeting solid growth in west TN.
- The branch will provide small business loans to entrepreneurs and support affordable housing finance market.
- The company aims to expand its presence in smaller towns like Tirupur, Dharapuram, Erode, and Pollachi.
- Sundaram Home Finance plans to treble its overall disbursements in Coimbatore region to over ₹500 crores in the next 12-18 months.
HinduBusinessLine | 18 Nov, 2024
Sundaram Home expands into Chhattisgarh with new Raipur branch
- Sundaram Home Finance expands into Chhattisgarh with a new branch in Raipur.
- This is their first entry into the state as they expand beyond South Indian markets.
- They have previously opened branches in Maharashtra, Madhya Pradesh, Gujarat, and Rajasthan.
- The company aims to open two more branches in Chhattisgarh and targets disbursements of approximately ₹50 crore in the first year.
HinduBusinessLine | 9 Nov, 2024
Sundaram Home Finance reports lower net profit in Q2 & H1
- Sundaram Home Finance reported a lower net profit of ₹44 crore in Q2, compared to ₹59 crore in the previous year.
- Disbursements for Q2 rose by 27% to ₹1,543 crore, and Assets Under Management increased by 14%.
- For H1 2024, the net profit was ₹111 crore, slightly down from the previous year. Disbursements rose 25%.
- Sundaram Home Finance plans to continue expanding into Tier 2 and 3 towns, while focusing on small business loans and affordable housing finance.
HinduBusinessLine | 30 Oct, 2024
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Sundaram Home Finance FAQs
When was Sundaram Home Finance founded?
Sundaram Home Finance was founded in 1999. The company has been operating for 26 years primarily in the NBFC sector.
Where is the Sundaram Home Finance headquarters located?
Sundaram Home Finance is headquartered in Chennai, Tamil Nadu.
How many employees does Sundaram Home Finance have in India?
Sundaram Home Finance currently has more than 4,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Sundaram Home Finance based on the number of reviews submitted on AmbitionBox.
Does Sundaram Home Finance have good work-life balance?
Sundaram Home Finance has a work-life balance rating of 4.2 out of 5 based on 100+ employee reviews on AmbitionBox. 80% employees rated Sundaram Home Finance 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Sundaram Home Finance work-life balance reviews for more details
Is Sundaram Home Finance good for career growth?
Career growth at Sundaram Home Finance is rated fairly well, with a promotions and appraisal rating of 3.6. 80% employees rated Sundaram Home Finance 4 or above, while 20% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Sundaram Home Finance promotions/appraisals reviews for more detailed insights.
What are the pros of working in Sundaram Home Finance?
Working at Sundaram Home Finance offers several advantages that make it an appealing place for employees. The company is highly rated for job security, work life balance and company culture, based on 100+ employee reviews on AmbitionBox.
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