No public deposits

Cholamandalam Investment and Finance Company Limited interest rates · November 2026

Overview

Cholamandalam Investment and Finance Company Limited (Chola) is a non-banking finance company (NBFC), headquartered in Chennai, established in 1978.

Headquarters
Chennai
Established
1978
Ownership
Non-deposit-taking NBFC-ICC (RBI upper layer, Murugappa group)
Operates in
All India (nationwide)

RBI classes it as an NBFC that does not accept public deposits, so there are no FD or RD rates to compare. Non-banking finance company (NBFC): deposits are not insured by DICGC. Compare the credit rating along with the rate.

RBI record

No RBI press release since 1 Jan 2024 names Cholamandalam Investment and Finance Company Limited. We read RBI's press releases every week; last checked on 11 Nov 2026.

This record covers RBI press releases only. Other actions, such as those of a state's Registrar of Co-operative Societies, are not included.

Good to know

  • Cholamandalam Investment and Finance Company Limited does not accept public deposits: RBI classifies it as a non-deposit-taking NBFC (or as an infrastructure or investment company), so there are no fixed deposit rates to compare. It raises money through bonds, debentures and bank borrowings, which are market instruments, not deposits.
  • Chola is a non-banking finance company, not a bank. Its deposits are not covered by DICGC insurance, so compare its credit rating and financial strength, not just the rate.

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