Vehicle
finance is the Company's largest business of
Cholamandalam DBS Finance Limited (CDFL)
accounting for
over 51% of assets. The Company offers
finance for a range of vehicles, including
Heavy and Light Commercial Vehicles, Multi
Utility Vehicles, cargo and cars. Traditionally, Cholamandalam
has financed the acquisition of commercial
vehicle and cars, while passenger cars
account for a small proportion.
Over the years, Cholamandalam DBS vehicle
finance business has built significant
strengths, namely strong distribution with
presence in 130 locations, major product
presence and strong credit and recovery
systems, marked by customer service
excellence.