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Cholamandalam Investment and Finance Company

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. 

Key aspects of Cholamandalam Finance:
  • 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. 

  • Part of the Murugappa Group:

    Chola is a constituent of the Murugappa Group, a large Chennai-based conglomerate with a diversified portfolio of businesses. 

  • 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. 

  • Focus on Customer Satisfaction:

    Chola emphasizes customer satisfaction and aims to provide value-driven financial solutions. 

  • Assets Under Management:

    Chola manages a substantial portfolio of assets, exceeding INR 1,99,000 Crore, according to its website. 

  • 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. 

  • Growing Clientele:
    Chola serves a large and growing customer base of over 43.7 lakh, according to its website. 
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