Gaadi Bazaar is an initiative by Cholamandalam investment and Finance Company Limited (Chola). The mission of gaadi Bazaar is to be an online “TRUSTED” platform that caters to all the needs of car, truck, bus, two wheeler and three wheeler buyers and sellers.
Gaadi Bazaar draws its strength and knowledge of the vehicle market from over 25 long years of providing Vehicle Finance to its customers across India. Our strong nationwide partnership with leading manufacturers and dealers has been an added advantage.
Gaadi Bazaar website and mobile App offer information that is updated and unbiased. The expert reviews, user comments, detailed specifications, car comparison, car valuation, vehicle history, EMI calculator and other interesting features helps users make informed decisions.
Gaadi Bazaar takes the decision making process to the next level, by going one step further and offering its users the facility to “Book a Test Drive Online.” Users are offered the convenience of getting things done at their own time.
Gaadi Bazaar car buyers experience the speed of narrowing down the exact car they want to buy. The stress of finding the right finance to buy the car is also eliminated. Chola offers easy Car loans to Gaadi Bazaar users with minimum documentation and attractive rate of interest that users wouldn’t want to look elsewhere.
Gaadi Bazaar has tied up with Chola MS, a Murugappa Group company to offer Vehicle & Life Insurance to its users. This completes the entire car buying process from browsing through the various models of car to getting car finance and insurance, Gaadi Bazaar covers it all under one roof.
Gaadi Bazaar offers used car sellers the perfect place to advertise their cars. Sellers can post pictures, contact information and offer as much information as possible.
Before deciding on a Car Sale price, users can check how much their car is currently valued in the market using the Car Valuation Tool.
Sellers will receive notifications through SMS and e-mail whenever buyers show interest in their cars for sale.
Gaadi Bazaar creates opportunity for users to participate in online auctions for used commercial vehicles from Chola Inventory. Users buying auctioned vehicles can also avail loans online through Chola Finance.
Existing customers of Chola can now pay their EMIs online through Gaadi Bazaar portal and via the App.
Gaadi Bazaar also provides Trade Advance by offering loans to dealers in order to secure the sale of a vehicle more readily than waiting for potential buyers to arrange financing on their own.
Gaadi Bazaar offers Inventory Funding to dealers and associates in the transportation business to fund inventory purchases, with the purchased inventory being used as collateral to secure the loan just in case the business does not sell its products and cannot repay the loan.
Cholamandalam Investment and Finance Company Limited (Chola), incorporated in 1978 as the financial services arm of the Murugappa Group. Chola commenced business as an equipment financing company and has today emerged as a comprehensive financial services provider offering vehicle finance, home loans, loan against property, SME loans, secured business personal loans (SBPL), consumer & small enterprises loans (CSEL) and a variety of other financial services to customers.
Chola operates from 1204 branches across India with assets under management above INR 1,14,795 Crore. The mission of Chola is to enable customers enter a better life. Chola has a growing clientele of over 27.4 lakh happy customers across the nation. Ever since its inception and all through its growth, the company has kept a clear sight of its values. The basic tenet of these values is a strict adherence to ethics and a responsibility to all those who come within its corporate ambit - customers, shareholders, employees and society.
For more details, please visit https://www.cholamandalam.com/
Founded in 1900, the ₹742 Billion (₹74,220 Crores) Murugappa Group is one of India's leading business conglomerates. The Group has ten listed Companies traded in NSE & BSE. Headquartered in Chennai, the major Companies of the Group include Carborundum Universal Ltd., CG Power and Industrial Solutions Ltd., Cholamandalam Investment and Finance Company Ltd., Cholamandalam Financial Holdings Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., Shanthi Gears Ltd., Tube Investments of India Ltd. and Wendt (India) Ltd.
The Group’s businesses hold leadership positions in several product lines including Abrasives, Technical Ceramics, Electro Minerals, Auto Components & Systems, Power Conversion Equipment, Transformers & Reactors for the Power T&D segment, Solutions for Railways in Rolling Stock & Signalling Equipment, Bicycles, Fertilisers, Sugar, Tea and Spirulina (Nutraceuticals). The Group has forged strong alliances with leading international companies such as Groupe Chimique Tunisien, Foskor, Mitsui Sumitomo, Morgan Advanced Materials, Yanmar & Co. and Compagnie Des Phosphat De Gafsa (CPG). The Group’s businesses serve customers across the length and breadth of India and in over 50 countries.
Renowned brands like BSA, Hercules, Montra, Mach City, Ballmaster, Ajax, Rhodius, Parry’s, Chola, Gromor, Shanthi Gears and Paramfos are from the Murugappa stable. The Group fosters an environment of professionalism and has a workforce of over 73,000 employees.
For more details, visit www.murugappa.com