Shriram Transport Finance Company Limited
What company does?Provides financing for commercial vehicles, passenger vehicles, and construction equipment.
Established1979
Entity typePrivate
HeadquartersIndia
SegmentB2C
Shriram Transport Finance Company Limited is a share market listed company
in the Non Banking Financial Company (NBFC) industry
.
It got listed on NSE on 11-DEC-1996 under the trading symbol SRTRANSFIN.
On BSE it is listed under trading symbol SRTRANSFIN.
The company operates in
Finance
,
Banking
,
Loans
and
Asset Management
categories.
Company overview
Shriram Transport Finance Company Limited (STFC) is a part of the Shriram Group, one of India's leading financial services conglomerates. Established in 1979, STFC has emerged as the largest asset financing NBFC (Non-Banking Financial Company) and commercial vehicle finance company in India.
STFC primarily focuses on providing financing for pre-owned commercial vehicles such as trucks, buses, light commercial vehicles, and small commercial vehicles. The company offers various financial products including loans for new and used CVs, working capital loans, construction equipment loans, supply chain finance solutions for OEMs and dealers.
One of the key factors that sets STFC apart from its competitors is its extensive reach across the country. It operates through a vast network of over 1,600 branches and employs innovative technology to provide seamless customer service. Additionally, it caters to a wide range of customers from first-time buyers to seasoned fleet owners.
The company has also been at the forefront of embracing digital transformation by introducing online loan application processes and leveraging data analytics for credit underwriting. This not only streamlines operations but also enhances customer experience. In terms of collaboration and partnerships, STFC has tied up with several leading automobile manufacturers to offer customized financing solutions which provides an edge over others. With a robust business model focused on serving the needs of transport operators coupled with its widespread presence and technological advancements; Shriram Transport Finance Company Limited continues to be a dominant force within the Indian commercial vehicle financing sector.