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Loans Against Vehicles Finance

Don’t risk depleting your hard-earned savings in the face of unforeseeable financial emergencies. Mahindra Finance’s Loans Against Vehicles provides quick funds using your vehicle as leverage. With access to up to 95% of its value and competitive interest rates, we make the process fast and effortless with convenient loan tenure options and quick disbursals. Our simplified and transparent loan processing considers your car an asset, offering a stress-free solution to your urgent financing needs.

Loans Against Vehicle Features and Benefits

Cash Loan

Get a quick valuation and access 95% of the vehicle’s value as a cash loan to meet your financial requirements

Wide Variety of Vehicles

We finance most passenger and multi-utility vehicles available in the market that are under 10 years of age

Attractive Interest Rates

Our affordable interest rates are highly competitive which means your overall cost of borrowing remains low.

Minimal Documentation

We cater to all types of customers and require minimal documents for this type of loan.

Quick Disbursal

Our simple and uncomplicated process can have your car loan sanctioned within few days, subject to valuation and document submission.

Loans Against Vehicle EMI Calculator

Calculating your EMI has never been easier. Use our Loan Against Vehicle EMI Calculator to input your desired amount, interest rate and tenure, and view an instant summary of your EMI repayments. You can also simply adjust the amount and tenure to see how it affects your EMI repayments. Make faster decisions with our Loan Against Vehicle EMI Calculator

Select Your Loan Type

1L 1Cr
6% 26%
12 60
Total Amount Payable

  • Principal Amount

  • Total Amount

Monthly EMI

How to Apply for a Loan Against Vehicle

The Loans Against Vehicle application process is easy and gives you instant funds in your bank account. The loan application can be made both online and offline which means you can either visit the nearest branch or opt for our quick 4-step online process.

Step 1: Fill in your contact details

Start the process by simply submitting your Name, Number and Pin Code.

Step 2: Get a Call Back

Our executive will contact you for additional details.

Step 3: Document Verification & Approval

Submit the requested documents for eligibility check and verification

Step 4: Successful Disbursal

Once verified and approved, your funds will be sanctioned and disbursed.

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Loans Against Vehicle Eligibility & Documents

KYC Documents - Passport/ PAN/ Aadhar

Proof of Vehicle Ownership (less than 10 years old)

Identity and Proof of Address

Disclaimer: MMFSL reserves the right to approve/disapprove the loan after the submission of documents.

Interest and Charges

Attractive Interest Rates basis your eligibility*

Interest Rates

Charged based on your product-specific, document, and stamp fees based on the prevailing rates set by the statutory authority and the location of the contract execution.


Read Blogs about Loan Against Vehicle Loans

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Need emergency funds? Maximize the value of your car with Mahindra Finance's Loan Against Vehicle