STFC is one of the largest asset financing NBFCs in India

• STFC is among the leading organized finance provider for the commercial vehicle
  industry with a focus to provide various credit facilities to Small Truck Operators.
• The Company was incorporated in the year 1979
• STFC is a part of the “Shriram” conglomerate which has a 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
• STFC has PAN India presence through wide network of 479 branches and tie up with
  500 private financiers across the country as on 31st March, 2009.
• STFC’s NCDs are rated ‘CARE AA+’ by CARE and ‘AA (ind)’ by Fitch.
• STFC has a strong financial track record and has total assets under management
  (AUM) in excess of INR 23,281 crores as on 31st March 2009.
• STFC’s Net NPA levels as on 31.03.2009 were 0.83%
• The net interest margins as on 31.03.2009 was 6.99%

Click here to download the Product Note.