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 rate of interest chargeable for loans?

mahindra-finance-author

by Mahindra Finance

|

June 22, 2023

|

1 mins read

The loan interest will be charged 2% per annum above the contracted rate shown on the Term Deposit Receipt (TDR)

Related articles

What Is The 20/4/10/ Rule For Buying A Car?

Introduction to the 20/4/10 rule Buying a car is an exciting milestone in life, but it also comes with significant financial implications. To ensure sound financial well-being, it’s crucial to u...

KNOW MORE

April 17, 2024

PPF vs FD: Which One Should You Choose | Mahindra Finance

When it comes to safe investment options in India, PPF and FD are among the most preferred. They both offer a plethora of benefits and are attractive choices, regardless of one’s income. These finan...

KNOW MORE

June 30, 2023

Five Steps to get Car Loan with Minimum Documents

Owning a car is not just about transportation, it represents unity, convenience, and cherished memories with loved ones. But what if you need a car loan without income proof? Many individuals face thi...

KNOW MORE

April 11, 2024