SHRIRAMCIT Ltd.

Shriram City Union Finance Limited or SHRIRAMCIT

SHRIRAM CITY or Shriram City Union Finance was established in 1986 and is a part of the three-decade-old Chennai–based Shriram Group. This particular company started as a deposit–accepting non–banking financial company or NBFC. It is also India's premier financial services company today and specialized in small-ticket retail finance. The Chennai–based Shriram group has an excellent business heritage spanning over the three decades. It also emerged as the most significant player in its class on the Indian subcontinent. And explicitly focuses on commercial vehicle loans, consumer durables financing and chit funds, the annual turnover of the group crosses INR 18,000 crore. The Shriram group business presence also expands to areas of work such as Insurance Consultancy, Life Insurance, Reinsurance, Stock Broking, Information Technology, Pharmaceuticals, Project Engineering, Property Development, Packaging ... and manufacturing of the Auto Components. The company also has a comprehensive range of offerings that comprise of financing for Consumer Durables, 2, 3 & 4–wheeler finance (both new & pre-owned, passenger & commercial), Personal Loans, Small Business Loans, and Retail Gold Loans. It has made SHRIRAM CITY as a dominant player in the field and also the only NBFC offering an extensive product range under a single roof. Also, the company has over 633 Business Outlets across the whole country. SHRIRAM CITY enjoys a high credit rating and listing on BSE, NSE & Madras Stock Exchange. The company lends around INR 300 crore a month in small–tickets of between INR 8000 to INR 1 lakh each, with tenors that range from 12 to 36 months. The company has also serviced over 15 Lakh customers to date and adds about 85,000 new customers every month.

Some Services offered by the company:

• Consumer Durable Finance– SHRIRAM CITY, offers loans for a spect
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