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
|

5. Any Additional Excess?

mahindra-finance-author

by Mahindra Finance

|

January 6, 2025

|

1 mins read

  • No for Private car.
  • For TW deductibles of Rs. 250, Rs. 350 & Rs. 450 is applicable with no deductible option
  • For CV – 5% of claim amount subject to minimum of Rs.1500

Related articles

What Happens if You Break Your FD: FD Breaking Charges

Fixed deposits (FDs) are a popular investment option in India due to their security and attractive returns. However, there may be instances where you need to break your FD before its maturity date. In...

KNOW MORE

February 29, 2024

Why You Should Purchase A Used Vehicle Instead Of New

Owning a car, whether for personal or commercial use, is a practical necessity today. But buyers-to-be often wonder: should I buy a new or used car? Won’t a second-hand car be good enough? The s...

KNOW MORE

June 29, 2023

What-is-the-Pradhan-Mantri-Awas-Yojana-PMAY-subsidy

What is the Pradhan Mantri Awas Yojana (PMAY) subsidy

Many Indians dream of owning a home. The Pradhan Mantri Awas Yojana (PMAY) is an initiative launched by the Indian government to make this dream a reality for millions of people. PMAY offers financial...

KNOW MORE

July 25, 2024