SRI RAM FINANCE PRODUCTS

PRODUCT PROFILE

TRUCK FINANCE

Shriram Truck Financing Companies. The wheels of progress.

Largest NBFC in the country exclusively engaged in financing of heavy commercial vehicles.

Monopoly position in financing of used vehicles.

All India presence with a branch network of 260 offices and employing over 4000 people.

Growing at the rate of 30% per annum.

Funds managed – Rs 6000 crores.

Equity investors - Citicorp,, UTI Banks, Reliance Capital and FMO Netherlands have added tremendous value and strength.

Venture capital firm Chris capital joins as a strategic partner by acquiring 21% equity.

We entered the Consumer Durable Finance business in early 2002 through 'Shriram City Union Finance Ltd., the consumer finance arm of the group. Within a short span of 2 years, we have managed a portfolio of over Rs.584 crore.

Our monthly business amounts to over Rs.25 crore in individual loans, ranging from as little as Rs.8,000 to Rs.1,00,000, and with tenures ranging from 12 months to 36 months.

Since its inception, we have financed over 2,15,000 white goods and two-wheelers, with over 90% of the business arising out of the non-metro markets. This financing is backed by lines of credit extended by ICICI Bank, UTI Bank and Development Credit.

THE GROUP COMPANIES THAT CATER TO TRUCK FINANCING NEEDS A DIFFERENT PARTS OF THE COUNTRY ARE

Shriram Investments Limited in the South Shriram Transport Finance Company Limited in the West Shriram Overseas Finance Limited in Northern/Eastern regions in India.

AN OVERVIEW OF THE SHRIRAM GROUP TRUCK FINANCING BUSINESS IN INDIA

Area of Operation : All of India

Branches or Offices : 260

Employees	4000
Depositors	12.20 lakhs
Stock Listing	Major exchanges including the BSE and the NSE.

2. CONSUMER FINANCE:

We entered the consumer Durable Finance Business in early 2002. Through Shriram City Union Finance Ltd. The consumer arm of the group. Within a short span 2 years, we have managed a profile of over rest 684 crores in this business.

Our monthly business amounts to over Rs. 25 crores in individual loans, ranging from as little as Rs.8000 to Rs. 100000 and with tenures ranging from 12 months to 36 months.

Since its inception we have financed over 215000 white goods and two wheelers with over 90% of the business arising out of the non metro markets.

This financing is backed by lines of credit extended by
ICICI Bank, UTI Bank and Development Credit.

1. CHIT FUNDS:

Meaning: Chit are financial instrument organized by individuals, firms and companies. Chit funds are classied under the miscellaneous non-banking financial institution the reserve bank of India.

Definition: The term ‘CHIT’ is variably used in different parts of India. In Travencore area of Kerala, it is called ‘CHITTY’IN Cochin and Malabar area, it is popularly known as ‘KURI’ while

Section 2 (ii) of the U.P. Chit Fund Act 1975 Defines the term ‘chit’ as follows:

“Chit means a transaction, whether called chit fund, Chit, Kuri, or by any other name, by which its foreman enters into an agreement with a number of subscribes that every one of them shall subscribe a certain some or a certain quantity of grains or any other goods by periodical instalments for a number of specific periods equal to the number of subscribers and the which subscriber or some of them in his or their term as determined by lot or by auctions or by tenders or such other manners as may be provided for the agreement, shall be entitled pay price amount”.

Shriram chits – prosperity Shriram chits is the largest chits fund in the country. We have grown to become a trusted household investment option. The growth registered by Shriram Chits recent years not only indicated the usefulness of this savings instrument, but is also a reflection our customers trust in.

Chits one of the earliest investment instrument known to man, were founded by the enlightened communities of India. These have, ever since, worked to the advantages of communities that are batting scarce capital resource.

Shriram chits started its operations in the year 1974 with a single branch that has quickly grown into trusted household name for making chits a viable form of saving and borrowing to all sections of the social.

Shriram chits operates in four states. Tamil Nadu, Andhra Pradesh, Karnataka and Maharastra, where has a reputation for timely disbursement of funds and excellent customer services which differentiates it from other companies.

Using state of the art computer systems/networks and a transparent accounting system, Shriram Chits have transformed this contemporary method of savings into an attractive personalised to banking system.

4. GENERAL INSURANCE:

Shriram group has adopted a two strategy in this segment.

1. Broking arm – Armour Consultants – floated in year 2002

2. Retail Marketing Arm: Ski Marketing flotred in year 2001.

ARMUR CONSULTANTS PRIVATE LIMITED : INSURANCE EXPERTS AT YOUR SERVICE

Amour consultant is engaged in insurance broking in corporate insurance markets and has already aggregated business volumes in excess of Rs. 200 crores ($ 44 million) in premiums.

Amour consultant comprises a team of distinguished professionals from insurance, finance, law and other management discipline, who have vast business and managerial experience. The company has handled major claims for renowned clients. There have been several claim cases that were won even in the arbitration stage.

The tern at Armun Consultants begins with an in depth evaluation of the client company’s business environment. The company’ risk profile is then studied. Based on the results of these evaluations. The team then suggests the most cist effective, integrated insurance package that is perfectly suited to the company’s risk profile.

The company plans to extend its customer base of the existing 500000 policy holders to cross the 1 million mark by the end of financial year 2008-09.

5. LIFE INSURANCE:

The Shriram group plans to enter the life insurance segment. We are also exploring the possibilities of collaborating with a foreign partner in this venture. We expect to be a major player in this very fast growing sector, as a natural corollary of business philosophy and expertise.

6. STOCK BROKING:-

Our stock broking arm operates under the insight share Brokers Pvt. Ltd. It is a member of the National Stock Exchange , India and the Multi Commodity Exchange. This unit has expended the network by 150% over the last year and today it has more than 230 terminals spread across the length and breadth of the country.

It has a retail customer base of around 50000. The company launched its new products like Derivatives and commodity Trading in early 2007.

A QUICK LOOK AT SOME OF THE SALIENT FEATURES

· Limits of all clients are fixed at a pre-calculated level.

· This is beneficial to them in the long run as it prevents overtrading.

· A timely payments and direct share transfer facility from NSE.

· Adequate risk control research support.

· The clincher pro-activate and preventive risk control.

SHRIRAM TRANSPORT FINANCE COMPANIES PROFILE

INTRODUCTION

“STFC” a unit of Shriram Group of companies, popularly known as ‘STFC’ with its registered office at Bengaluru, is a pioneer company carrying on Chit business.

The company has today acquired a significant place in the field of financial services with leadership position in many fields. The company has developed to become the largest organization of its kind in India.

THE STORY OF STFC:

Shriram Group is India’s trailbalsing messenger for the cause of financial wisdom and wellness.

STFC is among the major national player in Truck Financing Fueling and Driving the engine of Modern Indian Economy. Enlightened Indians like Imperor Ashoka, and others before and ater him laid great stress on establishing land and sea routes for global trade and local prosperity. We are pround to be trailblazing that route to economic engineering today.

In addition, the Shriram Group is into a host of hardcore financial services including Insurance Broking, Risk Management, Consumer Finance and Retail Stock Broking.

We are also driving the economy by playing a significant role in Auto components, Pharmaceuticals IT and Web Enabled Services, Export and Education.

STFC In Gulbarga has Commenced tis business in 15^th May 1999 and present. It is working with 3 officials, shriram chits at Gulbarga has qualified and efficient staff. One Divisional manager, one Branch manager, two accountants. One cashier two Marketing officer four subscription collection one office boy.

Board of Directors and Information:

Chairman (Shriram Group)

Mr.R.Tyagarajan

President

Mr.Umesh Revakar

Executive Directors

Mr.Ronald D.SOUZA.

Chief Executive

Mr.Agni Chako (CD Section, Consumer durable)

Mr.Rajendra Bhatt (DTH Section)

Mr.Ajit Musumdar

Asst. General Manager

Mr. Krishnamurthi

Regional Manager

Mr.B.R.Krishnamurthi

Division Manager

Mr.Chinna Rangaswamy

Branch Manager

Mr.P.Maheendra Patil

Register Office

Shriram Chits (Karnataka) Pvt.Ltd.,

“Akshodaya” No.259/31,1^st Floor, 10^th Cross, Wilson Garden,

Benglore-560027.

Head Office

Regd. Office: 123,1^st Club House Road, Anna salai,

Chennai-600002. Ph: 25341431.

Admn. Office : 2^nd floor 4^th lady Desika Road (Entrance C.P.

Ramaswamy Road) Mailapur, Chennai -600004.