Urban Money
Eligibility calculator

Eligibility calculator

Cholamandalam Finance

Cholamandalam Finance

Cholamandalam Investment and Finance Company Limited (Chola) was founded in the year 1978 as the Murugappa Group's financial services division. Chola started its business in the equipment financing domain and has steadily evolved into a provider of diverse financial services including home loans, vehicle finance, SME loans, home equity loans, stock broking, investment advisory services, and many other financial services. Chola has a network of 1,098 branches throughout the country with AUM (assets under management) which is higher than Rs. 63,501 crore. Chola subsidiaries include CHFL (Cholamandalam Home Finance Limited) and CSEC (Cholamandalam Securities Limited). Cholamandalam Home Finance Limited (CHFL) has a growing base of more than 8 lakh customers. Vision- Enable customers to enter a better life. Mission- The financial institution emphasizes a customer-centric approach along with long-term sustainability and profitability.

OTP Send

Enter 6 Digit OTP

We have just sent a verificaton code to
Mobile XXXXX

Check Cholamandalam Finance Loan Eligibility

Choose City
bt svg
Urban Money

Loans offered by Cholamandalam Finance

Cholamandalam Finance LoansInterest RateProcessing FeeLoan Amount/Tenure
Cholamandalam Finance Home Loan

9% - 17%


₹5L - ₹50L

Tenure(15 - 30 Years)

Know More
Cholamandalam Finance Loan Against Property

9.5% - 22%


₹10L - ₹5Cr

Tenure(Up to 15 Years)

Know More

Features and Benefits of Cholamandalam Investment and Finance Company

Cholamandalam Investment and Finance Company provides various financial products and services to cater to versatile client requirements; SME loans, vehicle loans, rural and Agri products, and wealth management are among the most captivating. Below depicted are some significant features and benefits offered by Chola:

Attractive Interest Rates

Whether you explore Cholamandalam Investment and Finance Company for loans, wealth management, securities, or any other financial product, you unlock doors to attractive interest rates compared to other providers.

Minimal Documentation

There is no need to provide hundreds of documents to prove your identity and financial stability to secure a loan. The documentation is quick and easy. With minimal documentation requirements, Chola aims to offer hassle-free loans in the minimum possible period.

Quick Loan Disbursal

 Cholamandalam Investment and Finance Company is quite popular with rapid evaluation, loan processing, and sanction. You will not have to wait months to get approval from the lender. As an applicant, you only need to ensure that you prepare the required documents.

Flexible Repayment Tenures on Loans

With Cholamandalam Investment and Finance Company, you get the feature to choose a repayment tenure that is best suitable as per your financial conditions. Chola offers a flexible repayment tenure for vehicle loans, loans against property, and home loans.

Products and Services offered by Cholamandalam Investment and Finance Company

Cholamandalam Investment and Finance Company offers an extensive range of products and services and wealth management opportunities, including mutual funds and stock investments. The idea is to provide customers with a one-stop shop for all financial products and services:

Vehicle Finance

For the last two decades, Chola has created its unique presence in finance by supporting business persons to excel in the commercial transportation industry. More than 750,000 customers have now secured vehicle finance from Chola to fulfil their business needs. This figure is increasing by 15,000 new customers every month. It is a leader in the commercial vehicle industry because of its long-term relationships with dealers and manufacturers.

Loan Against Property

When you have an unforeseen financial obligation that needs to be fulfilled immediately but doesn't have access to rough funds, a loan against property comes in handy. Use your property to generate the required funds and easily cope with your financial requirement. It is the right time to turn your property into a cash machine with Chola. Get a lower interest rate and flexible repayment tenure with Cholamandalam through a loan against property.

Home Loan

Cholamandalam Investment and Finance Company works with the aim that every family must own a home. Chola offers housing finance suitable for all budgets with convenient repayment options to make it possible for customers. Additionally, you get the feature of fast-tracking your home loan approval process. From initial guidance to owning a home, Chola supports its customers at every step. You get home construction loans, loans for plot purchase, finance to buy ready-to-move-in flats, and a balance transfer facility. 

SME Loans

At times, businesses might need access to urgent funds for expansion, to cope with some huge orders, or to bridge the gap between order delivery and payments. In such scenarios, Chola SME loans come in handy. SMEs can secure these loans with utmost ease and by providing minimal documents. The flexibility of end-use makes it more appealing for small to mid-sized businesses.

Rural and Agri Loans

Chola was established to serve rural areas with its versatile financial services. The Rural and Agri-loans offered by Chola have helped hundreds of farmers access advanced farming methods. Easy accessibility of Agri loans enables farmers to improve their farming tactics, procure associated machinery, and much more. Get Agri loans with utmost ease and repay the borrowed amount at your convenience. 

Wealth Management

Cholamandalam Investment and Finance Company is highly specialised in wealth management. The presence of experienced relationship managers helps in effective wealth management. The wealth management service is available for private individuals and professionals looking forward to accomplishing their financial goals. Numerous financial services under this category include Mutual Funds, FDs, and Life and General Insurance. 


With Securities provided by the Chola, you get the opportunity to invest your money to get higher returns. To date, the Cholamandalam Investment and Finance Company has served more than 100,000 customers by helping them to meet their long-term financial goals. Experts back investment planning with years of experience in portfolio management and strong research and analytical skills. Your funds are invested in mutual funds, internet broking, ETFs, and bonds to provide you with expected returns. 

Corporate Office Details and Contact Details

Registered Office Address: Cholamandalam Investment and Finance Company Limited (Chola),

First Floor, Dare House, Number 2, N.S.C. Bose Road, Parrys, Chennai, Pincode: 600001

Contact Details: You can write an email to Cholamandalam Investment and Finance Company at customercare@chola.murugappa.com.

Customers can also make a call to get in touch with a customer care executive at:

1800-102-4565  (From 9:00 am - 7:00 pm)

Customers can also SMS any queries they may have on- 9500000312


From refinancing to reducing your interest, we have the answers right here.

Is Cholamandalam a Banking company?

No, Cholamandalam is a Non-Banking Financial Company with more than 16 Lakh satisfied customers.

What is the interest rate of Cholamandalam?

Cholamandalam Investment and Finance Company offers financial products at a starting interest rate of 9%.

Where is Cholamandalam's head office?

The head office of Cholamandalam Investment and Finance Company is located at Parrys, Chennai.

Is Cholamandalam a NBFC?

Yes, Cholamandalam is a NBFC, established in 1978.

Who is the founder of Cholamandalam finance?

The founder of Cholamandalam Investments & Finance Company Ltd. is Yogesh Nimbale.

How many branches of Cholamandalam are there in India?

There are 1,098 branches of Cholamandalam in India.

Get your latest Credit Score, FREE


Get in-depth knowledge about all things related to loans and your finances

Kisan Credit Card Scheme : Easy Access to Credit for Farmers
Chitra ChaudharyMay 31, 2023

Kisan Credit Card Scheme : Easy Access to Credit for Farmers

India is primarily an agricultural economy, and farmers are the backbone of our nation. They work tirelessly to provide us with food and nourishment, yet often face challenges in accessing financia

Top 10 Best Bank for Home Loan In India 2023
Chitra ChaudharyMay 30, 2023

Top 10 Best Bank for Home Loan In India 2023

We have compiled a list of the best banks for a home loan in India 2023 based on the home loan value it offers to the borrower. These banks offer a variety of home loan programs with n

Currency Revamp Countdown: Deposit or Exchange Your Rs 2000 Notes
Chitra ChaudharyMay 23, 2023

Currency Revamp Countdown: Deposit or Exchange Your Rs 2000 Notes

After the unexpected turn of demonetisation, banning the INR  2,000 notes in India has sent shockwaves through the citizenry. The abrupt announcement has left people in a state of bewilderment, con