Cholamandalam Investment and Finance Company Limited (Chola) is a prominent Indian non-banking financial company (NBFC) and a comprehensive financial services provider. Established on August 17, 1978, as the financial services arm of the Chennai-based Murugappa Group, the company originally commenced its business as an equipment financing company. Over the decades, it has expanded significantly to emerge as a premier diversified NBFC in India, dedicated to enabling customers to enter a better life. The company is headquartered in Chennai, Tamil Nadu, and is publicly traded on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) under the tickers CHOLAFIN and 511243, respectively. The core operations of Cholamandalam are divided into several key business segments, primarily focusing on Vehicle Finance, Home Loans, Loan Against Property (LAP), and Other Loans. The Vehicle Finance vertical is one of its strongest segments, providing credit for the purchase of new and pre-owned commercial vehicles, passenger cars, multi-utility vehicles, tractors, two-wheelers, and construction equipment. In the housing sector, Chola offers home loans tailored for the acquisition and construction of residential properties, self-construction, home extensions, and improvements. Through its Loan Against Property segment, it extends secured long-term funding to customers against immovable residential or commercial property. Additionally, the company provides small and medium enterprise (SME) loans, consumer and small enterprise loans, secured business personal loans, and gold loans to meet diverse commercial and individual financial requirements. Cholamandalam operates a vast geographical network to cater to its expanding client base, particularly focusing on semi-urban and rural areas. It manages a robust presence across 32 states and union territories in India with a network of 1,761 branches. Supported by a workforce of over 71,260 employees, the company serves a growing clientele of more than 44.7 lakh happy customers nationwide. Financially, Chola has demonstrated consistent growth, managing total Assets Under Management (AUM) exceeding INR 2.27 lakh crore. For the fiscal year 2024 (FY24), the company reported a total revenue of INR 19,216 crore and a net income of INR 3,423 crore. The company's leadership team includes Executive Director Ravindra Kumar Kundu and Chairman and Non-Executive Director Vellayan Subbiah. Chola also operates via key subsidiaries, including Cholamandalam Home Finance Limited (CHFL) and Cholamandalam Securities Limited (CSEC), which offers stockbroking and wealth management distribution. Throughout its history, Chola has partnered with international entities, such as Standard Chartered Bank in its early years and DBS Bank in 2005, before the Murugappa Group eventually bought back stakes to retain full promoter control. Guided by its core values of absolute integrity and respect, Chola remains a vital contributor to India's rural and semi-urban retail credit landscape.

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