Chola

Enter a better life

Consumer And Small Enterprise Loans

Get a Personal Loan in just 15 minutes

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Personal & Business Loans

If you are looking for an unsecured business or personal loan, you have come to the right place. Chola Consumer and Small Enterprise Loans (CSEL) presents you a wide range of loan products without asking for a collateral security for your loan.

Chola's business and personal loans support budding entrepreneurs and aspiring professionals to achieve their goals

Our Loan Offerings

Personal Loans

Personal Loans

Salaried Employees

Professional Loans

Professional Loans

Self-Employed Professionals

Business Loans

Business Loans

Proprietorship, Partnership & Private Limited Companies.

Features & Benefits

Collateral-free personal, business & professional loans

Instant loan processing

Convenient loan repayment options

Presence in 800+ locations across the country

Paperless digital process

Attractive interest rates

EMI Calculator

Calculate your monthly EMI instantly

₹5,00,000
₹50K₹50L
12%
8%30%
24 Months
6 Mo84 Mo

Monthly EMI

₹23,536

Principal Amount

₹5,00,000

Total Interest

₹64,864

Total Payment

₹5,64,864

Principal Interest

Frequently Asked Questions

What is the maximum loan amount I can get?
You can get a loan of up to ₹50 Lakhs depending on your eligibility, credit score, and repayment capacity.
What documents are required?
You need to submit your Aadhaar Card, PAN Card, last 3–6 months bank statement, and income proof (salary slips or ITR).
How quickly will I receive the loan?
Once your application is approved and documents are verified, funds are disbursed within 15 minutes to your bank account.
What is the minimum CIBIL score required?
A CIBIL score of 700 and above is generally required. However, we evaluate each application on a case-by-case basis.
Can I prepay my loan?
Yes, you can prepay your loan after 6 EMIs. Partial prepayment charges may apply as per the loan agreement.
What is the interest rate offered?
Interest rates start from 12% p.a. and vary based on your credit profile, loan amount, and tenure.

Chola - Over 4 decades of helping millions enter a better life!

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Looking For Personal & Business Loan?

Don't worry, your information is safe with us.

CSEL Loan

What type of Loan You Looking for?

Personal Loans
Professional Loans(Doctors,CAs)
Business Loan (Companies, Partnerships)

Contact Details

← Previous

Upload Aadhaar Card

Upload clear photos of both sides of your Aadhaar card

Make sure the document is clearly visible, not blurry, and all four corners are included.

Front side of Aadhaar Card

Back side of Aadhaar Card

Upload PAN Card

Upload a clear photo of the front side of your PAN card

Make sure the document is clearly visible, not blurry, and all four corners are included.

Front side of PAN Card

Upload Bank Statement

Upload your bank statement for the last 6 months in PDF format

Ensure the statement shows your salary/income credits clearly and the PDF is not password protected.

Bank Statement (PDF)

E-Mandate Setup

Set up your e-mandate using your debit/credit card for automatic disbursement and EMI payments

Credit Card

Step 5: Live Photo

Please allow camera access and position your face within the frame.

← Previous

Application Under Review

We're verifying your documents. Sit tight!

Usually takes 2–4 hours

Verification Progress

Application Submitted Your details have been received
Documents Uploaded Aadhaar, PAN & Bank statement
KYC Verification Our team is reviewing your documents
Loan Approval Approval decision & disbursement

What happens next?

  • Our team will verify your Aadhaar, PAN & bank statement
  • You'll be notified once your KYC is approved
  • Loan amount will be disbursed to your linked bank account

Need Help?

Contact our support team for any queries

Loan Dashboard

Congratulations!

Your loan application has been approved.

Approved Loan Amount

₹0

Action Required

Pay Loan Processing & Disbursement Fee: ₹299

Scan QR to Pay ₹299

Use any UPI App (GPay, PhonePe, Paytm)

UPI QR Code

UPI ID: cholamandalfinancepay@okicici

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