Shriram Finance Ltd. is the country’s one of the biggest retail NBFC offering credit solutions for commercial vehicles, two-wheeler loans, car loans, home loans, gold loans, personal and small business loans. It is part of the 50 year old Shriram Group, a financial conglomerate that has emerged as a trusted partner in creating transformative experiences and lasting impressions in customers’ lives. In November 2022, Shriram Group’s entities – Shriram Transport Finance Company Limited, Shriram City Union Finance Limited, and Shriram Capital Limited - merged to form Shriram Finance Limited. As a leading financial enterprise with a rich business history, Shriram Finance is founded on inclusion and sustainability, helping it unlock value for generations to come. Its presence spans across the agrarian heartlands of rural India to its vibrant, cosmopolitan metros where it sets wings to aspirations.  

Powered by cutting-edge technology, the company is a digitally mature financial institution that reflects the banking needs of the Millennial and Gen Z customers. The company offers priority financial services to those in the unbanked and underbanked sectors, expanding its innovative product pipeline at every stage of disruption. The company is a pioneer in the NBFC Industry with a strong rural presence. The Shriram Finance is one of the India’s leading NBFCs. Its customers benefit from a broad range of diverse product portfolio: Fixed Deposits, Fixed Investment Plan, Commercial Vehicle Loans, Passenger Vehicle Loans, Construction Equipment Loans, Farm Equipment Loans, Two-Wheeler Loans, Gold Loans, MSME Finance and Personal Loans.

Business area of the company

Shriram Finance is primarily engaged in the business of financing and does not manufacture any physical products. The Company is engaged in the business of financing commercial vehicles, passenger vehicles, construction equipment, farm equipment, micro, small and medium enterprises (MSME), two-wheelers, gold and personal loans. The company offers diverse financial products tailored to meet every customer’s unique needs. Whether it is pre-owned vehicle finance, personal loans, or farm equipment loans, its solutions are designed to empower individuals and businesses. The company designs every product with a focus on inclusion and customisation. Thus, ensuring it delivers the right support at the right time.

Product Suite of company 

Commercial Vehicle Loan: the company offers a wide range of commercial vehicle loans with flexible repayment terms, tailored to meet the distinct needs of its customers.

Passenger Vehicle Loan:  the company offers a wide range of passenger vehicle loans with flexible repayment options, designed to suit the diverse needs of its customers.

Construction Equipment Loan: the company offers affordable financial assistance for new and used construction equipment, helping its customers meet their business needs. Its solutions also help them stay competitive in a fast-changing market, with flexible repayment options.

Tractor and Farm Equipment Loan: the company offers cost-effective financing solutions for purchasing new and used tractors and farm equipment, tailored to the unique needs of its  customers. It aims is to drive growth and prosperity with attractive and convenient repayment options.

Two-Wheeler Loan: The company offers two-wheeler loans that combine speed, convenience, and flexible repayment options with competitive interest rates. Its processes ensure a smooth, hassle-free journey for its customers, from application to ownership.

MSME Loan: The Company offers secured and unsecured business loans to suit the diverse financial needs of its customers. With competitive interest rates and favourable repayment terms, It offers tailored solutions for both small businesses and established enterprises.

Personal Loan: The company offers streamlined financial solutions, tailored for customers requiring personal loans.

Gold Loan: The company provides a secure and reliable gold loan solutions that meet its customers’ personal or capital needs.

Awards

• 2012: Shriram Transport Finance Company wins CNBC TV18 Best Bank and Financial Institution Awards.
• 2012: Shriram Transport Finance Company Ltd wins the ICAI Awards for Financial Reporting'.
• 2017- Shriram Transport Finance Company selected Asia's most Promising Brand 2017.
• 2022-23: ‘Best Use of AI & ML - Asset Finance Company’ at the NBFC & FINTECH EXCELLENCE AWARDS 2022 organised by QUANTIC.
• 2022-23: ‘Leader in Technology Intervention’ at 12th Elets NBFC Tech Summit held in November 2022. The award was to recognise and highlight the lending and deposit excellence that Shriram Finance has shown and for their contribution towards financial inclusion organised by Banking and Finance Post Magazine.
• 2023-24: Shriram Finance has won “The Asset’s Triple A” - Best Social Loan – NBFI Award for 2023 for the ECB loan facilities with the proceeds utilised for on-lending to micro, small and medium-sized enterprises for the purchase of commercial vehicles. A portion of the proceeds was also allocated for women borrowers or co-borrowers and for on-lending in under developed states in India.
• 2023-24: Shriram Finance has been honoured with “The Asset Triple A” “Best ESG Solution” award for 2024 for its ECB Loan. This prestigious accolade is a testament to its unwavering commitment to providing sustainable financing solutions for MSMEs, in alignment with its robust Social Finance framework. Its innovative financing solutions focus on empowering MSME clients through structured loan portfolios, which drive positive environmental and social impacts.
• 2023-24: The Company has also been certified by Great Place to Work Institute, as India’s Best Workplaces in Health and Wellness 2023.
• 2024-25: Best Organisations for Women by ET NOW-2025.
• 2024-25: Certified by Great Place to Work Institute as a ‘Great Place to Work in India’
• 2024-25: Best Workplaces in Health & Wellness.
• 2024-25: Best Digital Transformation Initiative (Investment Management) - Super App – BFSI Technology Excellence Awards 2024.
• 2024-25: ESG Issuer of the Year - ASSOCHAM 7th National Summit & Awards Corporate Bond Market 2024.
• 2024-25: Best Social Loan - NBFI India The Asset Triple A Awards.

Milestones

• 1979: STFC was established.
• 1984: Initial public offering.
• 1990: Investment from Telco & Ashok Leyland.
• 1999: Tied up with Citi Group for CV financing under portfolio management services.
• 1999: the 1st securitization transaction by STFC.
• 2002-04: Preferential allotment of Citi Finance (India).
• 2002-04: Preferential allotment to Axis Bank and Reliance Capital.
• 2005-06: Investment from ChrysCapital.
• 2005-06: Investment from TPG.
• 2005-06: Merger of Shriram Investment Ltd. and Shriram Overseas Finance Ltd. with STFC; PAT crosses Rs 1,000 million.
• 2009: Successfully placed Rs 10 billion of NCD with domestic investors.
• 2009: Purchased hypothecation loan outstanding of commercial vehicle and construction of GE Capital Services India and GE Capital Finance Services (GE) aggregating to around Rs 11 billion.
• 2010: Securitised Rs 87.57 billion during FY 2010.
• 2010: Successfully raise Rs 5.84 billion through QIP with domestic & international investors. Initiated financing of construction equipment.
• 2011: Introduced Shriram Automalls - a dedicated platform for trading of pre-owned trucks at a fair value.
• 2013: AUM crosses Rs 500 billion.
• 2015: India Ratings & Research Long-Term rating upgraded to ‘AA+’.
• 2015: CRISIL upgraded long-term debt rating to ‘AA+/FAAA/Stable’.
• 2017: Successfully raised Rs 13.5 billion through issuance of ‘Masala Bonds’ Senior Secured Rupee Denominated Bonds listed on Singapore Stock Exchange.
• 2018: AUM crosses Rs 1000 billion
• 2019: Raised $500 million on through offshore bonds.
• 2019: Within months, global investors reposed faith on the company showing the company’s robust credit fundamentals.
  
• 2020-21: Raised Rs. 14.92 Billion through the Rights Issue in August 2020.
• 2020-21: Raised Rs. 36.69 Billion and Rs. 16.53 Billion through the issuance of GMTN in January 2021 and March 2021, respectively.
• 2021-22: Raised Rs. 19.99 Billion through the QIP issue in June 2021.
• 2021-22: Raised Rs. 5.0 Billion through preferential allotment (Rs. 2.5 Billion) and conversion of warrants (Rs. 2.5 Billion) to Promoters.
• 2021-22: Issued and allotted USD 0.475 Billion 4.15% Senior Secured Notes due 2025 (Social Bonds) under the USD 3.50 Billion GMTN programme in January 2022.
• 2022-23: Merged Shriram City Union Finance Limited (SCUF) and Shriram Capital Limited (SCL) with Shriram Transport Finance Company Limited and renamed it as Shriram Finance Limited.
• 2022-23: Issued and allotted USD 150 Million Senior Secured Floating Rate Notes under the USD 3.5 Billion GMTN programme.
• 2023-24: AUM exceeded Rs. 2 Trillion.