Chennai, being the capital of Tamil Nadu, is known for its culture and education, and now it is energetically building its financial position in South India. Among the top 10 finance companies in Chennai, banks, non-banks, and fintech companies that help strengthen the economy and make financial services available to more people. Because of industrial proliferation, strong IT sectors, and the booming real estate market, it is more important than ever for banks to provide loans, investment services, insurance, and wealth management.
The customers of finance firms in Chennai are people with jobs, people who have businesses, small entrepreneurs, and larger business corporations. To take a personal loan, finance a car or other asset, handle your business finances, or invest wisely, knowing the financial companies in Chennai can guide you to better decisions. Here, we’ll go over the top 10 finance companies based in Chennai, what services they offer, what types of jobs are available, and guide you on how to pick the right one for yourself.
What Are Finance Companies And Why Are They Important?
- Support SMEs: Finance companies make small business operating loans, equipment financing, and other working capital available to Small and Medium-Sized Enterprises (SMEs), so that they can grow their business and cash flow.
- Access to the Underbanked Population: Finance companies offer financial services to those who have not been able to qualify for a bank loan, including those with minimal credit history, possibly those with lower income levels.
- Enhancing Real Estate Development: Finance companies create a meaningful contribution to the development of residential and commercial infrastructure when they provide inexpensive loans for housing and mortgages.
- Encourage Saving Habit and Wealth Creation: Many finance companies in Chennai provide investment plans, fixed deposits, and recurring deposit plans for disciplined saving.
- Promotes Inclusive Economic Participation: Due to the many segments of society that finance companies provide financial services to, they help in reducing inequality with wealth and co-creating inclusive economies through engagement with diverse social segments.
- Advances in Finance and Insurtech Sectors: Numerous finance companies have effectively taken to digital adoption with new ways to approve loans through quick debit authorizations with a mobile phone, mobile banking, AI products and services related to Financial and payment service extensions.
- Strengthen Regional Economic Power: The availability of financial products enables diversity in consumption, entrepreneurship notions, and an increase in the economic power of local economies.
Top 10 Finance Companies in Chennai
1. Shriram Finance
Founder: R. Thyagarajan
Founded in: 1974
Headquarters: Chennai, Tamil Nadu
Shriram Finance is a major non-banking financial company (NBFC) in India, known for serving those who find it difficult to access traditional banking services. One of the top finance companies in Chennai, the business originally dealt with chit funds, though now it offers financing for commercial vehicles, personal loans, SME loans, and insurance services.
Shriram Group owns the company, which is one of the top financial groups in India. It stands out because of its focus on customers, well-developed risk prevention, and support for social responsibilities. As time has gone by, the company has built a substantial asset collection and employs many people across India.
Key Services:
- Commercial vehicle loans
- Two-wheeler loans
- Personal loans
- SME loans
- Deposits & savings schemes
- Insurance solutions
- Gold loans
Company Details:
Job Opportunities: Sales executives, loan officers, analysts, branch managers, support staff
Average Salary: ₹3.5 – ₹12 LPA
Address: No. 145, Santhome High Road, Chennai 600004, Mylapore
Website: www.shriramfinance.in
2. Sundaram Finance
Founder: T. S. Santhanam
Founded in: 1954
Headquarters: Chennai, Tamil Nadu
Sundaram Finance has a long history and is respected as a trusted bank in India. When it started in 1954, the organization built a reputation for stability, being open about operations, and serving customers well. In the beginning, truck financing was at the center, but later it developed into other lines of business such as home finance, mutual funds, asset management, and insurance.
Sundaram Finance is recognized for acting conservatively in its business and for good corporate ethics, which helps the company hold strong even in times of crisis. Customers for the firm include large businesses, small transport operators, and individual workers.
Key Services:
- Vehicle finance
- Home loans
- Mutual funds
- Asset management
- Insurance services
- Deposits
- Structured finance
Company Details:
Job Opportunities: Relationship managers, analysts, underwriters, IT staff
Average Salary: ₹4 – ₹14 LPA
Address: 21, Patullos Road, Mount Road, Chennai – 600002
Website: www.sundaramfinance.in
3. Cholamandalam
Founder: M.A. Chidambaram
Founded in: 1978
Headquarters: Chennai, Tamil Nadu
Cholamandalam Investment and Finance Company, or Chola, is part of the famous Murugappa Group. Starting in 1978, Chola has expanded to provide financial services covering vehicle finance, home loans, loans for small and medium enterprises (SMEs), and wealth advisory. Chola is popular with transporters and farmers because of its financial offerings for commercial vehicles and tractors.
Chola is famous for following ethical values, focusing on its customers, and handling risks well, and it is also embracing new technology to make its services more convenient for customers. People have noticed and appreciated the firm’s effort to make their workforce diverse and keep employees with the company for many years.
Key Services:
- Commercial vehicle loans
- Home loans
- Loan against property
- SME financing
- Tractor loans
- Mutual fund distribution
- Wealth management
Company Details:
Job Opportunities: Credit officers, sales managers, risk analysts, and branch operations
Average Salary: ₹4 – ₹10 LPA
Address: Dare House, 1st Floor, NSC Bose Road, Chennai – 600001
Website: www.cholamandalam.com
4. TVS Credit Services
Founder: Part of the TVS Group
Founded in: 2008
Headquarters: Chennai, Tamil Nadu
TVS Credit Services is a rapidly growing NBFC under the umbrella of the TVS Group, one of India’s most respected business houses. Since its inception in 2008, the company has focused on providing affordable and accessible credit to individuals across the country. Specializing in two-wheeler loans, used car loans, and consumer durable financing,
TVS Credit has become a trusted financial partner for the average Indian. Its tech-enabled platform and customer-first approach make it an innovator in the Indian NBFC market. The company operates on the philosophy of “Enabling aspirations,” targeting first-time borrowers and emerging middle-class customers.
Key Services:
- Two-wheeler loans
- Used car finance
- Consumer durable loans
- Tractor loans
- Business loans
- Personal loans
- Digital EMI cards
Company Details:
Job Opportunities: Collections staff, software engineers, branch sales, and customer support
Average Salary: ₹3 – ₹9 LPA
Address: 2nd Floor, Ali Towers, 55 Greams Road, Chennai – 600006
Website: www.tvscredit.com
5. Equitas Small Finance Bank
Founder: P.N. Vasudevan
Founded in: 2007
Headquarters: Chennai, Tamil Nadu
Equitas Small Finance Bank started as Equitas Finance, a small finance institution, and the RBI gave it a license to operate as a bank in 2016. It wants to give all underserved and unbanked people convenient access to financial services. Because it has a solid base in Chennai and Tamil Nadu, Equitas is well-known for encouraging micro businesses by providing small-value loans.
Customers can access savings accounts, current accounts, deposit facilities, loans, and specialized credit for Micro and Small enterprises. There are also positive comments about the social impacts, including their work teaching people about money and empowering women.
Key Services:
- Microfinance loans
- Personal banking
- Business loans
- MSME loans
- Fixed and recurring deposits
- Insurance & mutual funds
- Digital banking
Company Details:
Job Opportunities: Bank tellers, relationship managers, IT developers, field executives
Average Salary: ₹3 – ₹8 LPA
Address: 4th Floor, Phase II, Spencer Plaza, Chennai – 600002
Website: www.equitasbank.com
Suggested read: Finance Companies in Hyderabad
6. IndusInd Bank (Head Office in Chennai)
Founder: S. P. Hinduja
Founded in: 1994
Headquarters: Mumbai, Maharashtra (Registered office in Chennai)
Chennai is another center for IndusInd Bank, even though its headquarters are based in Mumbai. Because of its progressive attitude and top customer service, the bank serves retail and corporate clients all over India. Its services consist of savings accounts, loans, credit cards, and wealth management, all of which are offered by IndusInd Bank.
Fintech is gaining ground in digital banking and corporate banking as well. With time, the bank’s size has increased through buying other financial institutions and adopting technology in banking. In Chennai, many people depend on it for their livelihoods, and it also helps to boost SMEs and large companies financially. Bank IndusInd focuses on sustainability and financial inclusion, which makes it a responsible bank in India.
Key Services:
- Savings and current accounts
- Personal and home loans
- Credit cards
- Corporate banking
- Investment services
- Forex and trade finance
- Digital banking
Company Details:
Job Opportunities: Bank officers, financial analysts, software engineers, customer relationship managers
Average Salary: ₹5 – ₹15 LPA
Address: Anna Salai, No. 469, Nandanam, Chennai 600035
Website: www.indusind.com
7. L&T Finance
Founder: Larsen & Toubro
Founded in: 1994
Headquarters: Mumbai, Maharashtra (Key regional office in Chennai)
Belonging to the Larsen & Toubro group, L&T Finance Holdings is an NBFC that provides various financial products. Based in Mumbai, it is also very active in Chennai and throughout the southern region of India. They have services such as retail finance, farm equipment loans, infrastructure finance, and real estate finance.
L&T Finance has a strong reputation because of its credibility, how it uses new technology, and its clear risk management approach. Most of its customers are from towns and cities, and it is essential in providing money for India’s infrastructure projects.
Key Services:
- Farm equipment finance
- Home loans
- Vehicle loans
- Infrastructure financing
- Real estate finance
- Wealth management
- Mutual funds
Company Details:
Job Opportunities: Financial advisors, credit managers, product analysts, tech support
Average Salary: ₹4 – ₹12 LPA
Address: Chennai 600002, Anna Salai, Prestige Palladium Bayan
Website: www.ltfs.com
8. Veritas Finance Pvt. Ltd.
Founder: D. Arul Selvan
Founded in: 2015
Headquarters: Chennai, Tamil Nadu
Veritas Finance is a fast-growing company located in Chennai that mainly assists the micro, small, and medium enterprise (MSME) sector of the market. The business was established to give small businesses access to credit as and when needed. It gives loans to people who do not have a regular salary and are usually ignored by mainstream banks.
This top finance company in Chennai has opened many outlets in Tamil Nadu and is now found in more southern states. Because of its attention to customers, different financing options, and flexible repayment, numerous small business owners have done better financially. It is an important part of the business environment in Chennai, mainly influencing traders and local service providers.
Key Services:
- Working capital loans
- Business loans for MSMEs
- Loan against property
- Machinery loans
- Business expansion loans
- Customized repayment schedules
- Field support service
Company Details:
Job Opportunities: Field officers, credit evaluators, operations managers
Average Salary: ₹3 – ₹8 LPA
Address: 2nd Floor, New No. 34, Old No. 20, Cenotaph Road, Teynampet, Chennai – 600018
Website: www.veritasfin.in
9. Five Star Business Finance
Founder: K. Vasudevan
Founded in: 1984
Headquarters: Chennai, Tamil Nadu
Five Star Business Finance is a leading NBFC in Chennai that specializes in funding small business owners and self-employed individuals. With its roots dating back to 1984, the company has evolved from traditional lending models to adopting digital tools and modern credit analytics. It provides secured loans to people who are often excluded by formal banking systems, such as small shop owners, vendors, and low-income borrowers.
Five Star is notable for its ethical lending practices and community-driven approach. In recent years, it has received investment from global private equity firms, which has helped it scale operations while maintaining its focus on the underserved segment.
Key Services:
- Small business loans
- Secured personal loans
- Loan against property
- Working capital financing
- Expansion loans for retailers
- Customizable EMI plans
- Support for informal sector businesses
Company Details:
Job Opportunities: Loan officers, customer onboarding agents, sales leads
Average Salary: ₹3 – ₹9 LPA
Address: No. 39, First Floor, Haddows Road, Nungambakkam, Chennai – 600006
Website: www.fivestargroup.in
10. IndoStar Capital Finance
Founder: R. Sridhar
Founded in: 2011
Headquarters: Mumbai, Maharashtra (Regional operations in Chennai)
A technology-driven non-banking financial corporation (NBFC), IndoStar Capital Finance offers financial services to both corporate and retail customers. Being active in Chennai, the company pays special attention to vehicle finance, housing finance, and small business loans.
Having strong institutional backing, the company has a solid advantage over its competition. There is a strong emphasis on culture and helping employees grow and develop at Microsoft. Access to financial services is more available in Chennai thanks to IndoStar, which primarily supports those in underserved communities in transportation and housing.
Key Services:
- Used vehicle loans
- Home loans
- SME loans
- Affordable housing finance
- Loan against property
- Loan refinancing
- Digital onboarding
Company Details:
Job Opportunities: Credit analysts, backend developers, field sales agents
Average Salary: ₹4 – ₹10 LPA
Address: Old No. 112, New No. 203, Radhakrishnan Salai, Mylapore, Chennai – 600004
Website: www.indostarcapital.com
Suggested read: Finance Companies in Bangalore
Comparison Table Of The Top 10 Finance Companies In Chennai
| Company Name | NBFC/Bank Type | Specialization Area | Presence in Tamil Nadu | Mobile App Availability | Customer Satisfaction (Rating) |
| Shriram Finance | NBFC | Commercial Vehicle & SME Loans | Extensive | ✅ | ⭐⭐⭐⭐☆ (4.2/5) |
| Sundaram Finance | NBFC | Auto Finance & Deposits | Extensive | ✅ | ⭐⭐⭐⭐☆ (4.3/5) |
| Muthoot Finance | NBFC | Gold Loans | High | ✅ | ⭐⭐⭐⭐☆ (4.4/5) |
| Cholamandalam Investment | NBFC | Vehicle & Home Equity Loans | Extensive | ✅ | ⭐⭐⭐⭐☆ (4.3/5) |
| Equitas Bank | Small Finance Bank | MSME & Inclusive Banking | Strong Urban & Semi-Urban | ✅ | ⭐⭐⭐⭐☆ (4.2/5) |
| IndusInd Bank | Private Sector Bank | Retail & Corporate Banking | Wide | ✅ | ⭐⭐⭐⭐☆ (4.1/5) |
| L&T Finance | NBFC | Rural & Infrastructure Finance | Moderate | ✅ | ⭐⭐⭐⭐☆ (4.0/5) |
| Veritas Finance | NBFC | Micro & Small Enterprise Loans | Focused on South India | ❌ | ⭐⭐⭐⭐ (4.0/5) |
| Five Star Business Finance | NBFC | MSME & Small Business Lending | Strong Tier 2/Tier 3 | ✅ | ⭐⭐⭐⭐ (4.1/5) |
| IndoStar Capital | NBFC | Structured & Retail Finance | Moderate | ✅ | ⭐⭐⭐⭐ (4.0/5) |
How To Choose The Right Finance Company In Chennai
- Regulatory Compliance: Ensure the company is registered with the RBI and adheres to financial regulations.
- Service Portfolio: Choose a company that offers a variety of services—loans, investments, insurance—tailored to your needs.
- Reputation and Trust: Check customer reviews, ratings, and the company’s track record for ethical practices.
- Interest Rates & Fees: Compare interest rates, processing fees, and hidden charges. The most affordable isn’t always the best.
- Customer Support: Responsive customer service makes a huge difference during repayment or investment processes.
- Digital Capabilities: Opt for firms that offer mobile apps, online account management, and digital loan processing.
- Turnaround Time: Fast approval and disbursal matter, especially for personal or business emergencies.
Conclusion
The finance sector in Chennai includes many different sectors, remains competitive, and keeps changing to serve both residents and businesses. The best finance companies in Chennai, like Sundaram Finance and Shriram City Union, the founding companies, are different from the emerging firms Veritas Finance and Equitas, but together they add different strengths to the sector.
Knowing Chennai’s main finance businesses helps anyone seeking investment, credit, or employment. Having many banks in the city shows it is financially established and supports lots of dreams and economic opportunities.
Look at your own needs, check what banking services are provided, and make sure you are working with a reliable partner.
Frequently Asked Questions
1. Which is the No.1 finance company in Chennai?
Sundaram Finance is recognized by many for its trustworthiness, long history, and different financial services.
2. Are all finance companies in Chennai RBI-regulated?
It is only the registered NBFCs and banks that have to follow the rules set by the RBI. Be sure to check before you go ahead with the deal.
3. Can I get a personal loan without a credit score in Chennai?
Yes, a small number of companies give loans to people who have low or no credit, charging higher interest rates.
4. What’s the average processing time for loans in these companies?
It depends on the specific loan and required documents, and it can be anywhere from 1 to 5 days.
5. Are there finance jobs available for freshers in Chennai?
Yes, both Equitas, Veritas, and TVS Credit seek to hire fresh graduates in sales, operations, and credit analysis.
