Chola One: Digital Lending App

Chola One App - Get instant digital loan, Quick Approval & Easy Application

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, Loan Against Property, SME loans, investment advisory services, stock broking and a variety of other financial services to customers. Chola operates from 1098 branches across India.
 
The loan process is 100% online with no paper work and easy loan process. You can get your loan hassle-free in just a few simple steps.
 
We regularly update our loan app with new features and latest interest rates, so you can be sure that you're getting a good deal with the Chola one. Our New instant loan app 2024 is designed to make it easy for you to get the financial support you need quickly. Chola One will ask you to undergo a loan eligibility check, which considers factors such as your CIBIL score, bank statement, payslip and other financial information.
 
Chola One enables existing customers to access all their loan account related information like Loan summary, Loan details, Payment options, Repayment history, Payment acknowledgement, Loan Info section coupled with the flexibility to request for drawdown, Statements of accounts and more. Features like profile management, service request, notification make managing your loans an extremely easy task.
 
The Chola One is one stop shop for all the informational and transactional services related to CSEL Overdraft (OD) Personal Loan and Business Loans, SBPL Loan, Home Loan and Loan Against Property Loan.
Chola One - Personal Loan Features:
✅Online personal loans from ₹ 10000 to ₹ 3 Lakh
✅Interest Rates: Starting from 14% - 36% P.A**
✅Processing fee: 4% - 6%
✅Loan Tenure: 3 Months to 60 Months
✅APR: 14.5% - 45%
✅100% Online Process
✅No Physical Documents are required
 
Minimum/maximum Period for Repayment: 3 / 60 Months respectively
Minimum/maximum Annual Percentage Rate (APR): 14.5% - 45% respectively

A representative Personal Loan Example:

If a user requests for a loan of 300000 with a tenure of 60 months then below would be the representative example for the loan.

Cost of the Loan: 300000
Tenure: 60 Months
ROI: 18%
APR: 20.97 %
Charge Amount: INR 10,846.00
Repayment Fr