Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited stands as a trusted partner for individuals and businesses navigating the financial landscape in Sri Vijaya Puram, Andaman and Nicobar Islands. As part of the esteemed Cholamandalam network, often referred to as Chola Finance, the branch is conveniently situated on the 1st Floor of Bird Line at Kamaraj Nagar, near Birdline Junction. The institution is dedicated to delivering reliable and comprehensive financial solutions, ranging from vehicle finance and home loans to tailored investment products, all backed by a legacy of integrity and customer-centric service.

Residents and entrepreneurs in Bamboo Flat and the greater Port Blair area depend on this branch for accessible and transparent financial guidance. The team understands the unique economic environment of the islands and works diligently to structure loans that align with the specific needs and repayment capacities of the local community. Whether someone is planning to purchase their first home, expand a commercial vehicle fleet, or grow a small enterprise, Cholamandalam provides the expertise and support needed to make informed decisions and achieve long-term financial goals.

Core Financial Services

The institution’s service portfolio is designed to cover a wide spectrum of funding and investment requirements, ensuring that nearly every segment of the market can find a suitable product. Below are the primary offerings available at the Sri Vijaya Puram branch.

Home Loans

Home loans form a cornerstone of the services provided. The branch assists customers in purchasing new residential properties, constructing homes on owned land, or renovating and extending existing structures. Competitive interest rates and flexible tenure options make the dream of homeownership a reality for many families in the Andamans. Specialized advisors help applicants understand the documentation, eligibility, and disbursement process with clarity.

Loan Against Property

For those seeking significant capital without selling their assets, loan against property offers a practical solution. By leveraging residential or commercial property as collateral, business owners and salaried individuals can access substantial funds for business expansion, higher education, medical emergencies, or debt consolidation. The terms are structured to provide manageable EMIs with long repayment periods.

Vehicle Finance

Given the importance of transportation across the islands, vehicle loans are a vital part of Cholamandalam’s offerings. The branch finances a broad range of vehicles, including two-wheelers, cars, multi-utility vehicles, and commercial transport vehicles. Tailored financing options support both personal mobility and logistics-dependent enterprises, with quick processing and minimal paperwork.

Business and SME Loans

Recognizing the role of micro, small, and medium enterprises in the local economy, the institution provides unsecured and secured business loans. These funds serve working capital needs, equipment purchases, and inventory management. The application process is streamlined to respect the time sensitivity of business opportunities, often with flexible collateral requirements for established businesses.

Investment Solutions

Beyond lending, the institution helps clients build wealth through a range of investment products. These are structured to offer stability and attractive returns, suitable for conservative investors as well as those with a moderate risk appetite.

• Fixed Deposits: Secure investment avenues with guaranteed returns and flexible interest payout options.
• Systematic Investment Plans (SIPs): Disciplined, long-term wealth creation instruments linked to market performance.
• Recurring Deposits: Ideal for individuals aiming to inculcate a regular savings habit with a lump-sum maturity benefit.

Why Customers Choose This Branch

Selecting a financial partner is a significant decision, and several factors distinguish this Sri Vijaya Puram office. The guiding principles of reliability, transparency, and personalized service form the foundation of every customer interaction.

• Transparent Processes: No hidden charges and complete clarity on interest rates, processing fees, and prepayment conditions.
• Local Expertise: A team that understands the property dynamics, business cycles, and regulatory framework specific to Andaman and Nicobar Islands.
• Quick Disbursement: Efficient verification and approval mechanisms that reduce turnaround time, a crucial factor for real estate and vehicle purchases.
• Dedicated Support: A single point of contact for each client, ensuring consistent communication from application to final repayment.

Serving Bamboo Flat, Sri Vijaya Puram, and Surrounding Islands

The branch primarily serves the residents and businesses of Bamboo Flat and Sri Vijaya Puram, but its reach extends across the Andaman and Nicobar Islands, including Port Blair and nearby regions. This geographic coverage is supported by a deep understanding of the transportation challenges and economic activities prevalent in an island territory. The team is adept at structuring loans for tourism-related enterprises, fisheries, agricultural projects, and trade logistics—sectors that form the backbone of the island economy.

Accessibility is a key feature of the location. Positioned at a prominent junction on Bird Line, the office is easy to locate for anyone traveling through Kamaraj Nagar. The first-floor setup provides a professional and discreet environment where sensitive financial discussions can occur with confidentiality and focus. The branch observes standard business days, with operations typically from 09:00 to 18:00, and a half-day schedule on weekends, making it convenient for working professionals to visit.

Hours, Location & Accessibility

Visit the team during working hours for a face-to-face consultation or reach out via phone for an initial discussion. The branch is committed to being accessible and responsive.

Address: 1st Floor, Bird Line, Kamaraj Nagar, Sri Vijaya Puram, Andaman and Nicobar Islands 744105

Phone: +91 80 4446 5555

Operating Hours: Monday to Saturday, from 09:00 to 18:00. Sunday the office remains closed.

How to Begin Your Loan Journey

Initiating a loan application or investment plan at Cholamandalam is straightforward. The process is designed to be hassle-free, with digital and physical touchpoints available. Start by gathering essential documents for identity, address, and income verification—the branch team provides a clear checklist. A preliminary discussion with a loan advisor clarifies eligibility, the best product fit, and the expected EMI structure. The team then guides applicants through form filling, document submission, and in-principal sanction, keeping everyone informed at each stage.