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
|

13. How is the claim amount determined for a damaged vehicle?

mahindra-finance-author

by Mahindra Finance

|

January 6, 2025

|

1 mins read

The claim amount is determined based on the repair cost estimation, deductibles, and depreciation as per the policy terms.

Related articles

Upcoming Cars in 2019 in India

If you are planning to buy a new car this year, you have a stroke of good luck. In 2019, some of the most reputed makers are launching advanced cars in India. From the sports car to a family car, they...

KNOW MORE

June 29, 2023

The First-Time Car Buyer’s Guide To Choosing A Car Loan In India

Introduction Buying your first car is an exciting milestone, but it can also be overwhelming, especially when it comes to financing options. With countless lenders and loan choices available in India,...

KNOW MORE

May 13, 2024

Senior Citizen Fixed Deposit: Maximizing Returns with Senior Citizen FD Rates

As we grow older, it becomes crucial to plan our finances in a way that ensures a secure future, especially during our post-retirement years. Investing in a manner that offers stable returns with mini...

KNOW MORE

February 23, 2024