A "low interest" loan shouldn't mean you have very little interest in paying it back!
Cholamandalam Investment and Finance Company Limited (Chola) was founded in 1978 as the Murugappa Group's financial services company. The company offers home loans that suit the budget of every individual. With 167+ branches across the country, Chola assists you in achieving the house of your dream.
The types of home loans offered by Cholamandalam are as follows:
Cholamandalam home loans come with the following features and benefits:
Compare and Apply For home loan.
To apply for a home loan with Cholamandalam, you require the following documents:
You can apply for a Cholamandalam home loan online or by visiting your nearest Cholamandalam branch.
Yes. You can transfer your existing home loan to Cholamandalam.
Cholamandalam offers home loans depending on your repaying capacity and credit profile.
Yes, you can pre-close your Cholamandalam home loan. For any pre-closure beyond 12 months from the date of the agreement, you will have to pay up to 4% of the outstanding principal. Similarly, for pre-closure from 7 to 12 months from the date of the agreement, up to 5% of the outstanding principal will be charged.
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