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Cholamandalam Investment & Finance
4.0
based on 4.4k Reviews
Company Overview
Associated Companies
Company Locations
Working at Cholamandalam Investment & Finance
Company Summary
Cholamandalam provides comprehensive financial services that include Vehicle Loans, Home Loans, Loans against property, Rural and Agri Loan, Business Loan, Gold Loan & others.
Overall Rating
4.0/5
based on 4.4k reviews
![highly rated categories](https://static.ambitionbox.com/static/arrow_upward.png)
4% above
industry average
![highly rated categories](https://static.ambitionbox.com/static/helpful.png)
Highly rated for
Salary, Job security
Work Policy
![Work from office](https://static.ambitionbox.com/static/icons/forms/office.png)
Work from office
82% employees reported
![Monday to Saturday](https://static.ambitionbox.com/static/calender.png)
Monday to Saturday
80% employees reported
![Flexible timing](https://static.ambitionbox.com/static/clock.png)
Flexible timing
52% employees reported
![Within city](https://static.ambitionbox.com/static/travel.png)
Within city
57% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
158 employees reported
Job/Soft skill training
152 employees reported
Office cab/shuttle
29 employees reported
Professional degree assistance
24 employees reported
View all benefits
About Cholamandalam Investment & Finance
Founded in1978 (47 yrs old)
India Employee Count10k-50k
Global Employee Count10k-50k
India HeadquartersChennai, Tamil Nadu, India
Office Locations
--
Websitecholamandalam.com
Primary Industry
Other Industries
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Cholamandalam Investment and Finance Company Limited (Chola), incorporated in 1978 as the financial services arm of the Murugappa Group. Chola commenced business as an equipment financing company and has today emerged as a comprehensive financial services provider offering vehicle finance, home loans, home equity loans, SME loans, investment advisory services, stock broking and a variety of other financial services to customers.
Chola operates from 1029 branches across India with assets under management above INR 59,292 Crores. The subsidiaries of Chola are Cholamandalam Securities Limited (CSEC) and Cholamandalam Home Finance Limited (CHFL).
Cholamandalam Investment & Finance Ratings
based on 4.4k reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
2.3k
4
988
3
463
2
200
1
401
Category Ratings
3.9
Salary
3.8
Job security
3.7
Skill development
3.6
Company culture
3.6
Work-life balance
3.6
Work satisfaction
3.5
Promotions
Cholamandalam Investment & Finance is rated 4.0 out of 5 stars on AmbitionBox, based on 4.4k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Cholamandalam Investment & Finance
based on 4.1k reviews
3.9
Rated by 159 Women
Rated 3.9 for Job security and 3.7 for Company culture
4.0
Rated by 4k Men
Rated 3.9 for Salary and 3.7 for Job security
Work Policy at Cholamandalam Investment & Finance
based on 800 reviews in last 6 months
Work from office
82%
Hybrid
14%
Permanent work from home
4%
Cholamandalam Investment & Finance Reviews
Top mentions in Cholamandalam Investment & Finance Reviews
+ 5 more
Compare Cholamandalam Investment & Finance with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 4.0/5 based on 4.4k reviews | 3.9/5 based on 38.9k reviews | 4.1/5 based on 4.3k reviews | 4.0/5 based on 6.5k reviews |
Highly Rated for | Salary Job security | Job security Skill development | Skill development Work-life balance Company culture | Salary Skill development Job security |
Critically Rated for | No critically rated category | Promotions | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 82% employees reported | Work from office 85% employees reported | Work from office 84% employees reported | Work from office 78% employees reported |
Rating by Women Employees | 3.9 Good rated by 159 women | 3.7 Good rated by 8.1k women | 3.9 Good rated by 226 women | 3.9 Good rated by 576 women |
Rating by Men Employees | 4.0 Good rated by 4k men | 3.9 Good rated by 28.8k men | 4.1 Good rated by 3.8k men | 4.0 Good rated by 5.6k men |
Job security | 3.8 Good | 4.0 Good | 3.8 Good | 3.9 Good |
View more
Cholamandalam Investment & Finance Salaries
Cholamandalam Investment & Finance salaries have received with an average score of 3.9 out of 5 by 4.4k employees.
Branch Credit Manager
(327 salaries)
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₹2.5 L/yr - ₹9.5 L/yr
Deputy Officer
(301 salaries)
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₹1.5 L/yr - ₹4.1 L/yr
Area Business Manager
(266 salaries)
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₹5.7 L/yr - ₹20 L/yr
Branch Sales Manager
(256 salaries)
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₹3.1 L/yr - ₹12.4 L/yr
Area Credit Manager
(247 salaries)
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₹6.2 L/yr - ₹20 L/yr
Collections Executive
(231 salaries)
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₹1.2 L/yr - ₹4.1 L/yr
Area Collection Manager
(228 salaries)
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₹4.8 L/yr - ₹18 L/yr
Sales Officer
(214 salaries)
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₹1.2 L/yr - ₹3.6 L/yr
Branch Business Manager
(185 salaries)
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₹3 L/yr - ₹10.7 L/yr
Associate Relationship Manager
(177 salaries)
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₹1.7 L/yr - ₹4 L/yr
Cholamandalam Investment & Finance Interview Questions
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Cholamandalam Investment & Finance Jobs
Cholamandalam Investment & Finance News
Cholamandalam Investment posts 24% rise in net profit, disburses over ₹25,000 cr in Q3
- Cholamandalam Investment posted a 24% rise in net profit for the December 2024 quarter.
- The company disbursed over ₹25,000 crore during Q3 FY25, marking a 15% increase from the previous year.
- Cholamandalam's assets under management (AUM) witnessed a 34% growth, reaching ₹1,89,141 crore as of December 31, 2024.
- For the nine months ended December 31, 2024, Cholamandalam's PAT increased by 27% and total disbursements rose by 16%.
HinduBusinessLine | 31 Jan, 2025
![Cholamandalam Investment posts 24% rise in net profit, disburses over ₹25,000 cr in Q3](https://bl-i.thgim.com/public/incoming/wac68j/article69164894.ece/alternates/LANDSCAPE_1200/IMG_Cholamandalam_2_1_5FDGKTT1.jpg)
SBI, Airtel To Cholamandalam - Here Are The Top Stock Picks For January 2025 By Axis Securities
- Axis Securities lists top stock picks for January 2025
- Investors can look to invest in these stocks for potential upside
- Stocks include SBI, Airtel, and Cholamandalam
- Potential upside of up to 38%
Bloomberg Quint | 6 Jan, 2025
![SBI, Airtel To Cholamandalam - Here Are The Top Stock Picks For January 2025 By Axis Securities](https://media.assettype.com/bloombergquint%2F2022-06%2Ff0673ab5-bc93-4ba3-be4f-1449ed326a7f%2FA_magician_shuffling_cards___Source_freepik_.jpg?rect=0%2C392%2C3888%2C2041&w=1200&auto=format%2Ccompress&ogImage=true)
NBFCs Sector Check - Turbulence In The Near Term But Fundamentals Still Robust: Motilal Oswal
- Motilal Oswal Financial Services expects turbulence in the near term for the NBFCs sector but believes that the fundamentals are still robust.
- Cholamandalam and Shriram Housing Finance, two large-cap NBFCs, have experienced a decline of 9% and 4% respectively over the last three months.
Bloomberg Quint | 27 Nov, 2024
![NBFCs Sector Check - Turbulence In The Near Term But Fundamentals Still Robust: Motilal Oswal](https://media.assettype.com/bloombergquint%2F2024-11-13%2Fo9iq0uux%2FClose%20view%20of%20counting%20various%20denominations%20of%20Indian%20rupee%20notes%20(Photo_%20Pralhad%20Shinde_%20Source_%20NDTV%20Profit)%2011_07_24.jpg?w=1200&auto=format%2Ccompress&ogImage=true)
Stocks To Buy: HDFC Bank, Bajaj Finance, Cholamandalam Among Axis Securities' Top Ideas From BFSI Sector
- Axis Securities recommends HDFC Bank, Bajaj Finance, and Cholamandalam as top stock ideas from the BFSI sector.
- Axis Securities also recommends Federal Bank and Nippon Life as top stocks to buy.
- NDTV Profit offers quality and in-depth equity and economy research reports from top brokerages, asset managers, and research agencies.
- Subscribers of NDTV Profit get access to exclusive stories, research reports, newsletters, special events, and rewards.
Bloomberg Quint | 22 Nov, 2024
![Stocks To Buy: HDFC Bank, Bajaj Finance, Cholamandalam Among Axis Securities' Top Ideas From BFSI Sector](https://media.assettype.com/bloombergquint%2F2024-09-20%2Fwtiboopc%2Fkelly-sikkema-Uh5GWNUGgGY-unsplash.jpg?rect=0%2C80%2C5248%2C2755&w=1200&auto=format%2Ccompress&ogImage=true)
How Mutual Fund Managers Changed Holdings Amid The Worst Market Decline Since Covid
- Indian equities recorded their largest monthly decline in October due to foreign selling, while domestic institutions countered the outflows with record high investments through mutual funds.
- Mutual fund managers reallocated their holdings across sectors and stocks in response to market churn.
- Among the stocks with increased overall allocation were HDFC Bank, ICICI Bank, and State Bank of India, which performed better than the overall market.
- Maruti Suzuki and Cholamandalam Investment Finance saw a decline in overall allocation, while Reliance Industries had its worst month in over two years.
Bloomberg Quint | 15 Nov, 2024
![How Mutual Fund Managers Changed Holdings Amid The Worst Market Decline Since Covid](https://media.assettype.com/bloombergquint%2F2024-11-14%2F7so6r8z5%2Fsaving-money-2023-11-27-05-36-46-utc.jpg?w=1200&auto=format%2Ccompress&ogImage=true)
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Cholamandalam Investment & Finance Perks & Benefits
Cholamandalam Investment & Finance Subsidiaries
Cholamandalam Securities
3.7
• 132 reviews
Payswiff Solutions
3.8
• 128 reviews
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Cholamandalam Investment & Finance Offices
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Cholamandalam Investment & Finance FAQs
When was Cholamandalam Investment & Finance founded?
Cholamandalam Investment & Finance was founded in 1978. The company has been operating for 47 years primarily in the Financial Services sector.
Where is the Cholamandalam Investment & Finance headquarters located?
Cholamandalam Investment & Finance is headquartered in Chennai, Tamil Nadu.
How many employees does Cholamandalam Investment & Finance have in India?
Cholamandalam Investment & Finance currently has more than 38,000+ employees in India. Finance & Accounting department appears to have the highest employee count in Cholamandalam Investment & Finance based on the number of reviews submitted on AmbitionBox.
Does Cholamandalam Investment & Finance have good work-life balance?
Cholamandalam Investment & Finance has a Work-Life Balance Rating of 3.6 out of 5 based on 4,300+ employee reviews on AmbitionBox. 76% employees rated Cholamandalam Investment & Finance 4 or above, while 24% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Cholamandalam Investment & Finance work-life balance reviews for more details
Is Cholamandalam Investment & Finance good for career growth?
Career growth at Cholamandalam Investment & Finance is rated fairly well, with a promotions and appraisal rating of 3.5. 76% employees rated Cholamandalam Investment & Finance 4 or above, while 24% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Cholamandalam Investment & Finance promotions/appraisals reviews for more detailed insights.
What are the pros of working in Cholamandalam Investment & Finance?
Working at Cholamandalam Investment & Finance offers several advantages that make it an appealing place for employees. The company is highly rated for salary & benefits and job security, based on 4,300+ employee reviews on AmbitionBox.
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