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Yes. We do offer loans for non-competing, non-Mahindra products like cars, two-wheelers, commercial vehicles, construction equipment etc.
Simply contact or visit your nearest Mahindra Finance branch. You can even apply online, and we’ll get in touch with you shortly.
Eligibility for a loan from Mahindra Finance depends on the individual and product, and all loans are given at the sole discretion of the Company.
Loan amounts can vary depending upon the specific vehicle, requirement and the credit of the loan applicant. We extend funding up to 100% based on the requirement and assessment of the individual and the policies of each product.
Our innovative and flexible repayment tenures are designed on a case to case basis and suit the need of every borrower, with convenient and comfortable schedules. We offer monthly, quarterly and half-yearly repayment schedules dependent on product type.
At Mahindra Finance, we believe in customising loans to suit every need so that we continue to offer only the best and most competitive interest rates. Various factors like loan amounts, land holding/property owned, viability of the proposition and the underlying documentation provided, determine the rate of interest offered on a loan.
Our documentation process is transparent, hassle-free and flexible. Though documents required are largely product specific, there are some basic documents that you will need to provide.
Our extensive network of branches at over 400 locations, speedy and simple documentation process and the capability of our executives to take quick, smart decisions make sure that the process of obtaining a loan is a quick and smooth one. In fact, the entire process is completed in just 2 days*! * Conditions apply
Our innovative and flexible repayment schedule is designed on a case to case basis and suits the need of every borrower, with convenient and comfortable repayment methods. You can repay via post-dated cheques, demand drafts as well as cash.
A loan is normally repaid with a monthly installment. Usually the monthly installment is an EMI (equated monthly installment), an equal amount that, if paid every month over the tenure of the loan, results in fully paying off the loan taken. At Mahindra Finance, we believe in customising loans to suit every need so that we continue to offer only the best and most competitive interest rates.
Down payment is a portion of available money given at the outset of a loan to demonstrate commitment to the purchase.
Definitely, simply provide us with the loan number(s) of your existing Mahindra Finance Loan (s), and we will consider them. What’s more, since you are a privileged Mahindra Finance customer, the processing of your loan will be faster and simpler with minimum documentation required.
Yes, through the dealer. Our executive will be happy to introduce you to a dealer for second-hand vehicles.
Mahindra Finance has a presence spread over 550+ locations across India. Select a branch that’s closest to you from the ones given below
Or get in touch via SMS / email
Select the product you would like to apply for