Fullerton India crossed the 500 branch milestone in Dec 2007. It has rapidly ramped up to over 600 branches by the end of January 2008. Today Fullerton India has a national footprint across 280 locations in the country.
Fullerton India is a subsidiary of Fullerton Financial Holdings Pte. Ltd., a fully-owned subsidiary of the USD 100 billion Temasek Holdings, Singapore. The aggressive growth of the company and the robust business plans reflect the company’s commitment to India. With over 600 branches, Fullerton India now has employee strength of more than 12000 serving lakhs of customers.
“I am very happy that we have been able to scale up our presence with such speed and efficiency. These 600 branches across 280 locations and 12000 of our own employees on board have been achieved in a record time. We currently have a customer acquisition rate of over 75,000 per month and by the end of 2008 this will be scaled up to over 1 million customers per annum. With a vision – ‘we care, and make a difference in the lives and future of our customers’ Fullerton India believes in sowing seeds of change at the very grass root levels, driving inclusive growth in financial services,” said Mr. G.S. Sundararajan, Managing Director & CEO, Fullerton India Credit Company Ltd.
Fullerton India is focused on providing financial solutions to “Mass Market” customers belonging to the middle and lower income salaried segments and micro-entrepreneurs and small businessmen. Fullerton India’s branches across the country are supporting the financial requirements of the community at large, offering quick and hassle free financial assistance. Fullerton’s Relationship Officers follow a unique model of ‘Neighborhood Financing’ which focuses on providing full range of financial products to its customers living and working around the branch.
About Fullerton India Credit Company Limited
Fullerton India Credit Company Limited, a fully owned subsidiary of Fullerton Financial Holdings, Singapore, is the fastest growing financial services company in India with an equity capital base of US$ 300 million. The company follows a relationship led, community based business model, engaging with the customer in the close proximity of the branch & to effectively reach out to them. In a short span of time the company has disbursed over Rs 2500 Crores to this segment of the market.
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