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C
Cholamandalam Finance
Partner SiteNBFC
📋 RBI Reg. NBFCCholamandalam Finance blends branch and digital service, popular in semi-urban South India.
12.5%–25%
Interest Rate
per annum
₹20.0L
Max Loan
available
24-48 hours
Disbursal
after approval
Up to 3%
Processing Fee
of loan amt
74% approval rate · Arjun from Hyderabad applied 2 min ago
4.2 (2,847 reviews)
Cholamandalam Finance
12.5% p.a.·EMI ₹25,144/mo
No CIBIL impact · Takes 2 min
Key Features
Alternative income assessment
Minimal documentation
Flexible tenure
Branch + digital hybrid
Eligibility Criteria
Age 21–58 years
Min income ₹15,000/month
CIBIL score 650+
Salaried or self-employed
CIBIL Impact Estimator
Inquiry type:1 Potential Hard Inquiry (via redirect)
Applying with Cholamandalam Finance will trigger a credit pull. Your CIBIL score may dip by 3–7 points temporarily.
Estimated score after inquiry
~750 (current)~743–747 (after inquiry)
✅ Scores typically recover in 3–6 months after first EMI is paid. Multiple applications in 30 days may have cumulative impact.
Protect Your Loan
OptionalLoan Shield covers ₹6.0L in case of job loss, disability, or critical illness. Your family stays protected.
Job loss cover for 6 EMIsCritical illness protectionDisability waiverNo medical check-up
C
Cholamandalam Finance
NBFC
12.5%
from p.a.
Your Monthly EMI
₹25,144
for ₹5L over 24 months
₹1,03,447
Total Interest
Up to 3%
Processing Fee
24-48 hours
Disbursal
74%
Approval Rate
🔥Arjun from Hyderabad applied 2 min ago
Proceed to Cholamandalam Finance No impact on your CIBIL score
256-bit SSL · Data never shared
RBI registered lender
EMI Breakdown
Loan Amount₹5.0L
Tenure24 months
Interest Rate (avg)18.8% p.a.
Principal
₹5,00,000Total Interest
₹1,03,447Total Payable₹6,03,447