About the Company
Cholamandalam Investment and Finance Company Limited (Chola) is a leading non-banking financial company (NBFC) in India, part of the Murugappa Group. Founded in 1978, Chola offers a wide range of financial products and services, including vehicle finance, home loans, SME loans, and more. With a strong presence across India and a large customer base, Chola focuses on providing accessible and comprehensive financial solutions to individuals and businesses.
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Diverse Financial Services:
Chola provides a broad spectrum of financial products, including vehicle finance (cars, commercial vehicles, tractors, etc.), home loans, loan against property, SME loans, and consumer loans.
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Part of the Murugappa Group:
Chola is a constituent of the Murugappa Group, a large Chennai-based conglomerate with a diversified portfolio of businesses.
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Extensive Network:
The company operates through a vast network of branches across India, enabling it to reach a wide customer base, including those in smaller towns.
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Focus on Customer Satisfaction:
Chola emphasizes customer satisfaction and aims to provide value-driven financial solutions.
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Assets Under Management:
Chola manages a substantial portfolio of assets, exceeding INR 1,99,000 Crore, according to its website.
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Corporate Social Responsibility:
Chola is actively involved in various social responsibility initiatives, including programs for truckers’ eye health, children’s heart surgeries, and maternal health, according to its website.
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Growing Clientele:Chola serves a large and growing customer base of over 43.7 lakh, according to its website.
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