Cholamandalam Investment and Finance Company (shortly known as Chola Finance), was established in 1978 and now has 167 branches across India. It provides different home loan products to its customers, including its employees with attractive features, to suit their varying budget requirements.
Chola Finance Home loan is available for employees with attractive benefits including affordable interest rates. If you’re a Chola Finance employee, the best way to check the interest discounts offered to you would be to connect with a Chola home loan executive.
Key Features Cholamandalam Home Loan
- Loans available between Rs. 5 lakhs – Rs. 50 lakhs
- Rate of interest between 10% -12%
- Tenure of home loan between 10 – 30 years
- Nominal processing fee up to 1% + GST
- Prepayment charges - NIL
- Foreclosure charges – NIL (However, may vary for different kinds of home loans)
- A home loan can be availed through both online and offline modes
- Hassle-free loan processing
- Less paperwork