Company Profile
Cholamandalam Investment and Finance Company Limited (Chola) incorporated in 1978 as the financial services arm of the Murugappa Group. Chola commenced business as an equipment financing company and has today emerged as a comprehensive financial services provider offering vehicle finance, home loans, home equity loans, SME loans, investment advisory services, stock broking and a variety of other financial services to customers. The Company is listed on Bombay Stock Exchange and National Stock Exchange.
Business area of the company
The Company is one of the premier diversified non-banking finance companies in India, engaged in providing vehicle finance, home loans and Loan against property.
Products/ Services
Vehicle Loans
Loans against property
Home Loans
SME Loans
Rural & Agri Loans
Wealth Management
Securities
Awards
2015-16:
Mahindra Transport Excellence Awards 2015 for ‘Commercial Vehicle Financier of the year’ under the category Driving Positive Change
Daimler India Commercial Vehicles Award 2015 for ‘Best Financier in Lead Generation’
2016-17:
2017-18:
Chola recognized as one of the Top 26 Innovative Organizations in India
Chola wins The Star Award
National Award for Excellence in CSR
Golden Tigers Award for CSR Excellence
Best Corporate Award (Medium Companies Category)
2018-19:
2019-20:
Awarded as winner in the Employee Relations & Employee Engagement category (Large Service Industry) at the CII National HR Circle Competition.
Chola won the second place for Digitization in L&D- HR at the CII National HR Circle Competition 2019.
Milestones:
2015:
Chola and Eicher Polaris Pvt Ltd Announces their Strategic Partnership for Multix
Chola ties up with Ola to offer daily loan repayment to its drivers
Cholamandalam Investment and Finance Company Limited partners with Escorts Limited to provide loans on Construction Equipment
2016:
Chola expands its footprint in Bihar - Hajipur/Bihar
Chola expands its footprint in Maharashtra by opening four new branches - Maharashtra / Mumbai
Chola expands its footprints in Karnataka by opening four new branches - Bengaluru
2017:
2019:
2020: