NBFC · October 2026

Cholamandalam — loan offers

Cholamandalam Investment and Finance, part of the Murugappa Group, is a leading NBFC in vehicle and small-business finance. It has a strong presence in semi-urban and rural markets across India. The company serves first-time borrowers and small entrepreneurs with accessible loan products.

Updated October 2026 Indicative figures

Cholamandalam

NBFC

Rates from

9.5%

per annum · indicative

3 products

October 2026 rates

Indicative Cholamandalam rates & fees

LenderProductInterest (p.a.)Processing feeTenureForeclosureSource
CholamandalamUnverifiedCar Loan9.5% – 20%0.5%–2.5% (new car)12–84 months5% + GST in months 7–12; 4% + GST afterLender
CholamandalamUnverifiedBusiness Loan10% – 30%Up to 2.5% + GSTUp to 60 months6% + GST in instalments 7–12; 4% + GST afterLender
CholamandalamUnverifiedLoan Against Property10% – 18%Up to 3% + GSTUp to 15 yearsNil for floating-rate loans to individuals; 5% + GST otherwiseLender

IndicativeRates & fees are indicative, last updated October 2026. Confirm current terms with the lender before applying. Unverifiedrows have not yet been manually confirmed against the lender's own page — treat them as an estimate only.

LoanServ is an authorised DSA and is not affiliated with, or an official channel of, Cholamandalam. All figures are indicative and sourced from public information; confirm current terms directly with the lender.

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