login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
phone

Download App

Conveniently pay your EMIs, set payment reminders, view your loan details.

phone
|

What is the Down Payment? 

mahindra-finance-author

by Mahindra Finance

|

June 21, 2023

|

1 mins read

Down Payment is the difference between the price of the Tractor and the amount of the Tractor Loan. Depending on the financing options, you can opt for a higher down payment if you wish.

Related articles

Things to Consider When Choosing a Fixed Deposit Scheme

When planning for your financial goals, it is important to align them with a strong financial plan. To help meet these goals, you can invest your savings in reliable and rewarding avenues such as Fixe...

KNOW MORE

June 29, 2023

What Are The Tax Exemptions On Fixed Deposits? 

Fixed deposits (FDs) are a popular investment option for individuals looking for a secure and stable way to grow their savings. Apart from offering attractive interest rates, fixed deposits also provi...

KNOW MORE

February 5, 2024

What Is The Maximum And Minimum Tenure For Personal Loans?

Introduction Personal loans are a lifeline during times of financial uncertainty. But before you apply for one, it’s crucial to understand the terms and conditions, especially the tenure of the ...

KNOW MORE

April 18, 2024