Cholamandalam Finance

Cholamandalam Investment and Finance Company Limited (CIFCL) is a leading Indian non-banking financial company (NBFC) headquartered in Chennai, Tamil Nadu, and a subsidiary of the Murugappa Group. Incorporated in 1978 as the financial services arm of the Murugappa conglomerate, the company began as an equipment financing provider and has since grown into a comprehensive financial services institution. Its core offerings include vehicle finance, home loans, home equity loans, SME loans, consumer and small enterprise loans, and personal collateral loans. The company also provides wealth management and investment services through associated entities. As of 2025, Cholamandalam employs over 50,000 people across India and has expanded significantly through organic growth and acquisitions. The company is publicly listed on the National Stock Exchange of India (NSE: CHOLAFIN) and the Bombay Stock Exchange.