Saturday, November 23, 2013

Cholamandalam Investment and Finance Company Limited organizes “Sacha Saathi”

Cholamandalam Investment and Finance Company Limited organizes “Sacha Saathi”
Cholamandalam Investment and Finance Company Limited (CIFCL) the financial service arm of Murugappa Group organized a two day social awareness camp “Sacha Saathi” in Auto Nagar, Vijayawada. The camp was conducted with an objective to understand the needs of truckers, drivers and small fleet operators and support them by adding value to their life through expert guidance and counseling. The camp included activities like free health check-up, vehicle maintenance tips, safe driving training, first aid training, awareness on loans and schemes and special career counseling for their children. The camp received enthusiastic response and was attended by more than 300 truckers on the first day who were seen having a great time at the camp.
As a part of the Camp a Health awareness exercise was conducted wherein medical counselors explained the importance of health and hygiene to the participants. They were given advice on safe food habits and prevention from erratic eating disorders. Check-ups like blood pressure, blood sugar, eye test and body mass index, etc were also conducted.
The camp offered expert training and essentials for defensive driving and personal safety.
Sacha Saathi is corporate social responsibility initiative of Chola Finance. This initiative is designed and conducted with the intent of imparting right knowledge and creating a platform for engagement and dialogue to empower truckers, drivers and fleet owners. This camp is organized to help them see more value in their livelihood and to inculcate ownership and responsibility. Chola Finance’s mission is to understand their needs, recognize their contribution towards the development of the economy and support them in leading a better life.

Chola finance also organized career counseling for the children of truck drivers & fleet owners for them to get an insight on different careers prospects and courses available along with information on educational loans, scholarships and the process mechanism. A loan mela was also organized where all queries on loans, purchase of new and used vehicles, repayment process, refinancing, etc were addressed by experts. Chola Finance also educated participants to buy and sell commercial vehicles through the use of technology via www. shubhtrucks.com.

About Cholamandalam Investment and Finance Company Limited
Cholamandalam is a pan-Indian, composite financial services provider. It comprises the parent company, Cholamandalam Investment & Finance Company Limited (CIFCL), and its subsidiaries Cholamandalam Distribution Services Limited and Cholamandalam Securities Limited. The shares of CIFCL are listed in the Bombay Stock Exchange Ltd. and The National Stock Exchange of India Ltd.
Cholamandalam Investment and Finance Company Limited (CIFCL) was incorporated in 1978 as the financial services arm of the Murugappa Group. The Company that commenced business as an equipment financing company has now emerged as a comprehensive financial services solution provider that offers vehicle finance, home equity loans, Corporate finance, stock broking and distribution of financial products to its customers. The Company operates from over 533 branches across India with assets under management over Rs.20,000 Crores. The subsidiaries of Cholamandalam include Cholamandalam Securities Limited (CSec) and Cholamandalam Distribution Limited (CDSL).