Cholamandalam Investment and Finance Company
 | |
| Company type | Public |
|---|---|
| Industry | Financial services |
| Founded | 1978 |
| Headquarters |
, India
|
Key people |
Ravindra Kumar Kundu (Executive Director) Vellayan Subbiah Chairman & Non-Executive Director |
| Products | Vehicle Finance, Home Loans, Mortgage Loans, Wealth Management |
| Revenue |
 ₹12,978 crore (US$1.6 billion) (FY23)
|
|
₹3,615 crore (US$450 million) (FY23)
|
|
|
₹2,666 crore (US$330 million) (FY23)
|
|
| AUM |
₹112,782 crore (US$14 billion) (FY23)
|
Number of employees |
7000 (2019) |
| Parent | Murugappa Group |
| Subsidiaries | Cholamandalam Home Finance Limited (CHFL) Cholamandalam Securities Limited (CSEC) |
| Website | www |
Cholamandalam Investment and Finance Company Limited (CIFCL) is a financial and investment service provider in India. It is headquartered in Chennai and has 1029 branches across the country. It is one of the 28 businesses under the Murugappa Group. It employees over 7,000 employees and also has about 16,000 people who assist in various business activities, with the majority being in smaller towns.
The company has total assets under management at Rs 54,279 crore with a Net income of Rs 1,885.34 crore as on 31 March 2019. The company was ranked 9th among the top 50 NBFCs in India by The Banking and Finance Post.