Shriram Group

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Shriram Group, established in 1974, is among the leading corporate houses in India and is a major player in the Indian financial services sector. The Shriram Group’s focus is on financial services that reach out to a large number of common people – providing them opportunities to improve their prosperity. Financial Services constitute the core business of the Group, with Shriram being a clear leader in the truck financing and chit business. Shriram Transport Finance Company, is the flagship company of the Group, It is the largest Commercial Vehicle Financing NBFC in the country. Chit Fund Business of the Shriram Group is Numero Uno in the industry across India. In Consumer Finance, the Shriram Group has major presence in South India.

Shriram Group had entered the insurance business with a long term focus and to provide better value and service to the customer. It has partnered with Sanlam, a leading insurer in South Africa, for both Life and Non Life Insurance business. The Group had entered in the life Insurance business in December’05 and launched its Non-Life insurance business in July’08.

The Group is currently focusing in a major way in the distribution of financial products including stock broking business and wealth management. Shriram Group has been pursuing diversification in areas other than financial services. Currently the group has presence in project engineering, property development, auto ancillaries and software services and is also looking to enter other industries. The group has partnered with many domestic and foreign partners. Due to its large size, reach and reputation it enjoys the patronage of a large number of banks and financial institutions.

Shriram Network is one of its kind in India having presence in virtually every state in the country with high level of penetration in the Southern States.

Network Size at a Glance
Components Growth
Assets under Management (Rs. Cr.) Over 60,000
Branch Network (Nos.) Over 2,400
Manpower Strength (Nos.) Over 45,000
Customer Base (Nos.) Over 95,00,000 (9.5 million)