- Cholamandalam personal loans are offered at attractive interest rates to meet personal financial needs.
- Applicants can apply through Paisabazaar to experience a hassle-free paperless digital process and end-to-end expert assistance.
- The loan approval is based on the applicants’ repayment capacity and creditworthiness.
- Cholamandalam personal loans come with convenient loan repayment options and require minimal paperwork
- These personal loans are collateral-free, are processed instantly and disbursed quickly within 24 to 48 hours of approval.
PAISABAZAAR PARTNER

Cholamandalam Personal Loan
Instant Personal Loan
Get up to ₹50 Lakhs starting at 9.99%
Interest Rate
17% Onwards
Processing Time
3 - 5 Days
Processing Fee
4
Max Loan Amount
₹50 Lakh
4.5/5
15.7L Reviews
6cr+Satisfied Customers
30+Lending Partners
₹65k Cr+Loans Disbursed
About Cholamandalam Personal Loan
₹
5K1Cr
1Yrs7Yrs
Processing Time3 - 5 Days
Interest Rate17%
Processing FeeUpto 4%
Max Loan Amount₹50 Lakh
EMI₹0
Cholamandalam Personal Loan Interest Rates
| Products | Interest Rates (p.a.) |
|---|---|
| Personal Loan (Salaried and Professional)- Term Loan | 17% |
| Personal Loan (Salaried and Professional)- Drop Line Flexi Loan | 17% |
Rates as of 26th Aug 2026
Types of Cholamandalam Personal Loan
Cholamandalam Instant Personal Loan
Cholamandalam Personal Loan for Salaried Employees
Cholamandalam Personal Loan for Self-employed Professionals
Eligibility Criteria for Cholamandalam Personal Loan
Documents Required for availing Cholamandalam Personal Loan
Cholamandalam Personal Loan Fees and Charges
| Particulars | Charges |
|---|---|
| Processing Fees | Up to 2% of the loan amount |
| Pre-closure Charges (Part payment/Full Closure) |
Up to 4% of outstanding principal |
| Statement of account | Up to Rs 500 per copy |
| AMC (for drop line flexi loan) | Up to 1% of total credit limit on the date of levy of such charges |
| Mandate rejection charges | Up to Rs 500 |
| Swap Charges | Up to Rs 500 |
| Physical repayment schedule charges | Up to Rs 500 |
| Duplicate NOC | Up to Rs 1,000 |
| Cheque bounce charges | Up to Rs 1,000 |
| Penal Interest | Maximum 36% p.a. on the amount outstanding from the due date to the date of actual payment |
Why Choose Paisabazaar?



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End-to-End Digital Process
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Personal Loan Articles
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Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.
The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.
The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.
Address: Paisabazaar Marketing & Consulting Pvt. Ltd. 135 P, Sector 44, Gurugram (HR) 122001
Get up to ₹50 Lakhs starting at 9.99%*
Get up to ₹50 Lakhs starting at 9.99%*
















