|₹1696.4 / ₹1097.45|
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Shriram Transport Finance Company Ltd. , a flagship company of Shriram group, is India's largest player in commercial vehicle finance. The company is a leader in organized financing of pre-owned trucks with strategic presence in 5-10 year old trucks. It has a pan-India presence with a network of 1,799 branches, and employs 24,670 employees including 19,179 business team. It has a vertically integrated business model and offers a number of products which include: Pre-owned CV financing, New CV financing and other loans like accidental repair loans, tyre loans and working capital finance, etc. Shriram Transport Finance Company Ltd was incorporated on June 30, 1978 as a public limited company. The company was formed with a view to provide hire purchase and lease finance for the medium and heavy commercial vehicles. In the year 1993, the company launched lease portfolio management scheme and managed more than 100 crore of business through this scheme.