Please Note: Cholamandalam Finance is not a Paisabazaar partner. Offers would be from partner banks/NBFCs only.
Cholamandalam is an investment and financial company that offers various financial products and investment deals at competitive interest and return rates. Its range of products includes SME loans, vehicle finance, home loan, loan against property, and rural and agri-loans. Cholamandalam also specializes in providing investment services in form of securities and wealth management. Business Loans and SME loans hold importance and popularity in Cholamandalam. Let’s discuss some of the lending products offered by the company.
SME loans from Cholamandalam Finance
Chola SME Loans or business loans are offered exclusively to Small and Medium Enterprises (SMEs) for them to expand and grow in their business. Cholamandalam offers various financial solutions to meet working capital requirements, enhance business cash flow, and meet short-term or long-term funding requirements.
Features:
- Interest Rate: Depends on business requirements
- Minimum Loan Amount: Rs. 10 lakh
- Maximum Loan Amount: Rs. 5 crore
- Flexible repayment options
- Floating or fixed rate of interest
- Loans for Small and Medium Enterprises, Private Limited Company, and Partnership or Proprietorship Company
- Collateral: Residential and commercial property and industrial or factory land and building
Apply for Business Loan @ low interest rate Apply Now
Rural and Agri Loans
Cholamandalam also provides funding solutions to the farming community. The company’s relationship managers understand the needs of its customers and help them in choosing the right loan that meets their business requirements.
Features:
- For the purchase of tractors and farming equipment
- Competitive interest rates
- Loan amount, as per business requirements
- Flexible repayment options
- Hale-free documentation
- Instant loan processing
Vehicle Finance
Cholamandalam is a leader in the commercial vehicle segment and has supported customers for the past 20 years in the field of commercial transportation. The company provides finance for a range of vehicle types, such as commercial vehicles, two-wheelers, tractors, construction equipment, cars, and MUVs.
Features:
- Competitive interest rates
- Loan Amount: Rs. 1 lakh onwards
- Loans for new and used vehicles
- Dedicated relationship manager
- Life insurance, motor insurance, and personal accident cover
Best Working Capital Loan offers are just a click away Apply Now
Customer Care:
Customers can write email at customercare@chola.murugappa.com
Dial a Toll-free number: 1800-102-4565 (9:00 AM TO 7:00 PM)
Or can SMS on 9500000312
FAQs
Q. What is the interest rate offered by Cholamandalam for its lending products?
The interest rate offered shall depend on business requirements and the applicant’s profile.
Q. What is the loan amount offered by Cholamandalam?
The minimum loan amount offered is Rs. 1 lakh and the maximum can exceed up to Rs. 5 crores.
Q. Who can avail Cholmandalam finance?
The following entities can avail funding from Cholamandalam, such as Individuals, Small and Medium Enterprises, business owners, sole proprietorships, partnerships, private limited companies, etc.
Q. How can I contact Cholamandalam finance?
You can contact us by reaching out at the below-registered office address
Registered Office:
Cholamandalam Investment
Finance Company Limited (CIFCL),
Dare House 1st Floor, 2, NSC Bose Road,
Chennai 600001
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