Sakthi Finance Ltd. was incorporated in the year 1955 as a Non–banking finance company initially catering hire purchase financial requirements of the group's TELCO dealership units. This captive hire purchase business eventually transformed the company into a major player in this sector.
The able leadership of the Group's visionary Chairman, Dr. N. Mahalingam together with the combined strength of the group in multifarious fields has helped Sakthi Finance Ltd. to become an edifice of mutual trust and faith among the public.
Today, Sakthi Finance is one of the leading non–banking finance companies with over 27 branches in Tamilnadu, Kerala, Karnataka & Andhra Pradesh.
Sakthi Finance has positioned itself as a niche player by introducing refinancing for commercial vehicles and construction equipments. The company offers various financing schemes to cater to the funding requirements of commercial vehicle operators.learn more +
Sakthifinance Financial Services Limited (SFFSL), part of the Sakthi group is engaged in locker and deposit activities. Today the Company has a network of 30 branches spread over in South India, predominantly in Tamil Nadu.
The Company has an installed base of 17,000 lockers spread over 20 branches. The Company has a customer base of over 50,000 Depositors and locker holders and has a dedicated field force of 115 employees to market its products and services. It also manages the retail deposit portfolio of about Rs.500 crores of various companies in the Group.
SfFSL has plans to provide a basket of financial services / products in the areas of Investment. Towards that end the Company is seeking to tie-up with a major player for providing mutual fund service, insurance and real estate services to its customers.
The company has also planned to increase its footprint over the next two years and will be concentrating on the tier 2 cities in Tamil Nadu / Andhra / Karnataka. All the product / service offerings will be handled as separate verticals.learn more +