We are a part of the “SHRIRAM” conglomerate which has significant presence in financial services viz., commercial vehicle financing business, consumer finance, life and general insurance, stock broking, chit funds and distribution of financial products such as life and general insurance products and units of mutual funds.
Our Company was incorporated in the year 1979 and is registered as a Deposit taking NBFC with Reserve Bank of India under section 45IA of the Reserve Bank of India Act, 1934.
STFC decided to finance the much neglected Small Truck Owner. Shriram understood the power of ‘Aspiration’ much before marketing based on ‘Aspiration’ became fashionable. Shriram started lending to the Small Truck Owner to buy new trucks. But we found a mismatch between the Aspiration and Ability. The Truck Operator was honest but the Equity at his command was not sufficient to support the credit levels required to buy a new truck.
We did not have the heart to send the Truck Operator back empty handed; we decided to fund Pre-owned Trucks. This was the most momentous decision that we made. What followed was Sheer magic.
From Driver to Owner, even if only of a Pre-owned Truck and from Pre-owned Truck to the New Truck, we have been with him in his journey of Prosperity as he has been our partner in our road to success and leadership.
Board of Directors
Things are done better when they are done in a Team. With years of experience, constant efforts and excellent leadership qualities our team of experts are the true gems behind the tremendous success of Shriram Transport Finance Company. The core values of the organisations are deep-rooted within them and thus has helped us to strengthen our presence in Pan India.
The Shriram Way!
Shriram Transport Finance Company wins CNBC TV18 Best Bank and Financial Institution Awards 2012.
Awarded “Best NBFC” in “Asset Backed Lending” category by Chief Guest Dr. C. Rangarajan, Chairman of the Prime Miniter’s Economic Advisory Council MUMBAI, October 17, 2012: Shriram Transport Finance Company Limited
Our journey has seen us making several innovations while we stood at the very edge of Organized Finance. The Banks and Institutions were guided by the Economists' vision; the Small Truck Owner who always fell on their blind side was given the miss.
STFC was set up with the objective of offering the common man a host of products and services that would be helpful to him on his path to prosperity. Over the decades, the company has achieved significant success in reaching this objective, and has created a tremendous sense of loyalty amongst its customers.