| Financing | Vehicle finance, home loans, loan against property, SME loans, consumer & small enterprise loans, secured business & personal loans. | Strong brand presence, diversified product mix, wide distribution network, advanced underwriting technology. | Retail and SME customers with strong presence in Tier 2-5 cities across India; primarily B2C with some B2B. | Used and new vehicle financing, small and medium enterprise loans, and secured personal loans. | 23748 | 72 | Interest income from loans and credit products; loan processing fees; investment income. | Loan interest rates based on product and credit risk; some segment-specific pricing; largely standard NBFC models. | Increasing vehicle sales, infrastructure growth, government housing schemes, technology-enabled credit delivery. | Cholamandalam Investment and Finance Company Limited (CIFCL) |
| Insurance | Motor, health, property, accident, engineering, marine, travel, and crop insurance products. | JV with Mitsui Sumitomo Insurance, strong underwriting practices, diverse product portfolio, extensive distribution. | Individual and corporate policyholders across India; B2C and B2B clients via agents, bancassurance and direct channels. | Motor and health insurance products, crop insurance clusters. | 1191 | 4 | Premium income from insurance policies, investment returns on reserves and underwriting profits. | Premium rates based on actuarial assessment, risk profile, and regulatory guidelines. | Growing insurance penetration, new product launches, expanded distribution channels, government schemes. | Cholamandalam MS General Insurance Company Limited |
| Others | Risk management and engineering solutions in safety, health, environment, and sustainability consulting. | Strategic JV with Mitsui Sumitomo, global alliances, specialized technical expertise. | Corporate clients needing risk advisory services; primarily B2B. | Engineering and environmental consulting services. | 76 | 0 | Consulting fees and service contracts. | Project-based and retainer fees. | Growing demand for ESG, safety compliance, industrial risk management. | Cholamandalam MS Risk Services Limited (Joint Venture) |
