Sundaram Bnp Paribas Home Finance Careers

Sundaram Home Finance Limited was incorporated on July 2, 1999, as a subsidiary of Sundaram Finance Limited (under the Companies Act 1956). The Company has obtained (Certificate of Registration) under Section 29A of NHB ACT 1987 from National Housing Bank (NHB is the regulator and advisory for Home Loan Companies) To leverage the market potential further, Sundaram Finance Limited (SFL) and BNP Paribas Personal Finance (formerly Union de Credit pour le Batiment (UCB) a wholly-owned subsidiary of BNP Paribas France), entered into a joint venture agreement on 9th of May 2007. UCB acquired a 49.9% stake in Sundaram Home Finance Limited. Consequent to the completion of the statutory regulatory approvals, the Company was renamed as Sundaram BNP Paribas Home Finance Limited effective 28th November 2007.Based on Share Purchase Agreement dated 21st June 2019, Sundaram Finance Limited has acquired the shares held by BNP Paribas Personal Finance on 30th September 2019 consequent to the receipt of all regulatory approvals relating to the acquisition by Sundaram Finance of BNP Paribas Personal Finance’s stake in Sundaram BNP Paribas Home Finance Ltd., the name of the Sundaram Finance’s Home Finance Subsidiary has been changed to Sundaram Home Finance Ltd effective 18th November 2019.