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
|

6. Any additional excess?

mahindra-finance-author

by Mahindra Finance

|

January 6, 2025

|

1 mins read

Option available with & without deductible. Deductible of 5% of claim in case of repair and 10% in case of replacement.

Related articles

How To Open A Fixed Deposit Account Online

If you are looking to save some money for your future use, you could create an FD account. An FD or fixed deposit is a type of savings instrument that allows you to save a fixed amount of money for a ...

KNOW MORE

June 30, 2023

What Is Hypothecation? A Simple Guide For Beginners

Introduction Ever thought what is hypothecation and why it is essential for securing a loan? Hypothecation refers to the practice of pledging an asset as collateral for a loan without transferring own...

KNOW MORE

July 4, 2024

TDS on FD Interest – How Much Tax Is Deducted On Fixed Deposit (FD)

In the intricate world of finance, fixed deposits (FDs) stand as havens for risk-averse investors seeking guaranteed returns and steady growth. But even these havens are not immune to the clutches of ...

KNOW MORE

February 5, 2024