Mahindra Finance: Car loans | Auto Loans | Tractor loans | Mutual Fund Distribution | Insurance Brokers
Loan Approval
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*!
So, no matter where you are, our Branch Executives will make sure that your loan is approved in the quickest and most hassle-free manner.
The process involves the five following basic stages:
Application for the loan
Approval of the loan
Collection of initial payment and documents
Issuing of a Delivery Order (DO) to the dealer
Delivery of the vehicle
To obtain your loan, just follow the simple steps given below:
Our executive will collect the details of your loan requirements.
The Field Investigation (FI) will then start, which involves physical verification of Hirer/Guarantor where your credibility, relations and overall customer viability toward the product is assessed.
A Field Investigation executive will make a decision whether to accept or reject your application.
After the Field Investigation is completed, our executive will collect the necessary documentation with an initial payment from you (viz. Duly singed Loan Agreement by Hirer & Guarantor& documents as mentioned above).
We will then issue a Delivery Order (DO) to the dealer.
Lastly, the dealer will deliver your vehicle to you.
Feel free to contact your nearest Mahindra Finance branch for any further details or queries.
Mahindra Finance: Car loans | Auto Loans | Tractor loans | Mutual Fund Distribution | Insurance Brokers
