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Shakthi Finance to enter Kerala, Karnataka, Pondy

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Press Trust of India Coimbatore
Last Updated : Oct 23 2018 | 6:45 PM IST

City-based Shakthi Finance Limited is planning to open branches in all districts of Tamil Nadu and in neighbouring Kerala and Karnataka and the union territory of Puducherry.

The company has been providing financial solutions and locker facilities for the last two decades, vice-chairman of the company M Balasubramaniam said in a press release here Tuesday.

Shakthi Finance has completed a major rebranding exercise to show the commitment of the firm to provide exemplary, personalised service, he said in the release.

As part of the exercise, the company plans to upgrade all its branches, the release quoted Balasubramaniam said after he inaugurated the first renovated branch here.

Also in the pipeline are technological and operational upgrade to provide the best service to customers like mobile app for customers to manage their investments, online locker payment facility and so on, he said in the release.

The company has a wide network of 21 branches across South and major metros and the product and service offerings include safety locker service, general and life insurance, deposits and mutual funds, the release said.

The firm claims to be the largest private locker service provider in the country with over 25,000 lockers and 75,000 customers, it said.

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First Published: Oct 23 2018 | 6:45 PM IST

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