Cholamandalam Investment and Finance Company

Cholamandalam Investment and Finance Company Limited is a non-banking finance company based in Chennai, India, and serves as the financial services arm of the Murugappa Group. Established in 1978, the company operates through three main segments: Vehicle Finance Loans, Home Equity, and Other Loans. It provides a range of financial products, including loans for two-wheelers, commercial vehicles, tractors, cars, and construction equipment, as well as loans to automobile dealers. In the Home Equity segment, it offers home loans for self-construction and property acquisition, along with loans against property. The Other Loans segment includes small and medium enterprise loans and rural and agricultural financing. Additionally, Cholamandalam provides wealth management services, including investment advisory and stock broking for mutual funds, stocks, and bonds. As of March 31, 2020, the company operated a network of 1,091 branches across India, catering to diverse financial needs of its clientele.