Chola inaugurates four new branches in outskirts of Bengaluru

Cholamandalam Investment and Finance Company (Chola) has inaugurated four new branches in the outskirts of Bengaluru to strengthening its presence in Karnataka. These 4 new branches opened are a part of the larger branch expansion exercise for this year. As a part of its growth plan for FY 16-17, the company plans to open over 150 new branches in locations across India.

The company currently operates out of 571 branches across India plans to expand this network to over 700 branches during this financial year.

Cholamandalam Investment is among the top 5 NBFC’s in the country operating in vehicle finance, home equity, corporate and mortgage finance segments with subsidiaries in the broking and wealth advisory space.