Cholamandalam Investment and Finance Company Limited (CIFCL) is a part of 120 years old Murugappa Group . The company is engaged in financial and investment service with its is headquarters in Chennai. The company has total assets under management of more than Rs 65,000 crore with a Net income of Rs 1,198 crore as on March 31, 2019. The company was also ranked 9th among the top 50 NBFCs in India by The Banking and Finance Post.