Information only
Cholamandalam Investment and Finance is a non-banking financial company (NBFC), regulated by the Reserve Bank of India (RBI). It is a lender mainly known for vehicle finance, with home and property-backed loans. Its registered office is at Chola Crest, Guindy, Chennai. Unlike a bank, an NBFC cannot take demand deposits such as savings or current accounts, so a loan from it is not a bank loan even though it works in a similar way.
Loans it offers
Loans listed for Cholamandalam Investment and Finance
| Loan | What to know |
|---|---|
| Home loans | Offered alongside its property-backed loans. |
| Personal loans | Unsecured, so approval rests on income, existing EMIs and credit history; amount and tenure are set by the lender. |
| Loans against property | Secured on a property you own; the amount depends on the lender's valuation and your repayment capacity. |
| Business and MSME loans | Serves small business owners, often with property as security. |
| Car loans | Part of its vehicle finance business, which is its main segment. |
| Two-wheeler loans | Part of its vehicle finance business, which also covers commercial vehicles and tractors. |
| Gold loans | Offered as a secured loan against gold ornaments. |
LOANZ 360 explains how each of these loan types works: home loans, personal loans, loans against property, business and MSME loans, car loans, two-wheeler loans, gold loans. It does not accept public deposits.
Key facts
| Fact | Detail |
|---|---|
| Regulator category and layer | NBFC (upper layer). Upper layer, named by RBI on 6 August 2026 for 2026-27; non-deposit NBFC. |
| Registered office | Guindy, Chennai |
| Parent group | Murugappa Group (the financial services arm, incorporated 1978) |
As of 8 November 2026, RBI lists Cholamandalam among the NBFCs in the upper layer for 2026-27. RBI reviews the upper layer list from time to time, so a lender's layer can change. The latest list is dated 6 August 2026. See the RBI press release of 6 August 2026.
Before you apply
- Ask for the Key Fact Statement (KFS) before you accept an offer. It shows the annual percentage rate (APR), all charges and the repayment schedule in one place.
- Compare the APR, not just the stated interest rate, because processing and other charges set by the lender change the real cost.
- Check the lender's processing fee, foreclosure and part-payment terms, and penal charges. These are set by the lender.
- Read the sanction letter for the name of the legal entity that is lending, as group companies often have similar names.
- Check your credit score (CIBIL or another bureau) and your existing EMIs first. Checking your own score does not lower it.
- Apply only where you are likely to qualify. Too many lender checks in a short time can lower your score.
You can see current rates on the interest rates page and estimate repayments with the EMI calculator. The label on this page that shows whether LOANZ 360 works with this lender or only gives information is drawn from our live records. To see how lenders are shown, read how we rank offers and the lending partners page.
Last updated 12 Nov 2026