Cholamandalam Investment and Finance Company

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Company typePublic
Founded1978; 48 years ago (1978)
Cholamandalam Investment and Finance Company
Company typePublic
IndustryFinancial services
Founded1978; 48 years ago (1978)
Headquarters,
India
Key people
  • Ravindra Kumar Kundu (Executive Director)
  • Vellayan Subbiah (Chairman & Non-Executive Director)
ProductsVehicle Finance, Home Loans, Mortgage Loans, Wealth Management
RevenueIncrease 19,216 crore (US$2.3 billion) (FY24)[1]
Increase 4,582 crore (US$540 million) (FY24)[1]
Increase 3,423 crore (US$400 million) (FY24)[1]
AUMIncrease 153,718 crore (US$18 billion) (FY24)[1]
Number of employees
13,248 (2023)[2]
ParentMurugappa Group
SubsidiariesCholamandalam Home Finance Limited (CHFL)
Cholamandalam Securities Limited (CSEC)
Websitewww.cholamandalam.com

Cholamandalam Investment and Finance Company Limited (CIFCL) is an Indian non-banking financial company and investment service provider, headquartered in Chennai.[3][4] Established in 1978, it is a part of the Murugappa Group.

As of 2024, the company has 1,387 branches across the country[1] and more than 54,000 employees, with the majority being in smaller towns.[5][6]

References

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