Our Journey

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.

With a track record of about 39 years in this business, we are among the leading organized finance provider for the commercial vehicle industry with a focus to provide various credit facilities to STOs. We have also added passenger commercial vehicles, multi-utility vehicles, three wheelers, tractors and construction equipment to our portfolio, making us a diversified, end to end provider of finance solutions to the domestic road logistics industry. Besides financing commercial vehicles (both new and pre-owned) we also extend finance for tyres, engine replacement and working capital.

Our pan-India presence through our widespread network of branches has helped in our overall growth over the years. As on June 30, 2018 we had 1,230 branches, 854 rural centres and tie up over 500 private financiers across the country. As on June 30, 2018 our total employee strength was 24,533, including more than 15,356 product executives and credit executives who are colloquially referred to as our field force.

We have demonstrated consistent growth in our business and profitability. Our assets under management have grown by a compounded annual growth rate (CAGR) of 15.74% from Rs. 53,116 crores in FY 2014 to Rs. 95,306 crores in FY 2018. Our total income and profit after tax in FY 2018 are Rs. 12,417 crores and Rs. 1,568 crores respectively.

Today we have approximately 20-25% market share in pre-owned and approximately 7-8% market share in new truck financing, with more than 19,70,000 customers.


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.

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