Mahindra Finance Schemes Make Things Easier On The Pocket Amid Pandemic Too!

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Mahindra today announced a wide variety of innovative, new finance schemes to ease the burden on its customers during these challenging times. These finance schemes include customized, industry-first offerings that assure peace of mind for Mahindra customers, deliver financial flexibility and empower them to own a Mahindra vehicle model at their convenience.

Mahindra is empowering its customers by offering a host of finance schemes* through various financial institutions:

· Special Finance Schemes for COVID Warriors

o Doctors – 50% Processing Fee Waiver and the option to Buy Now, Pay Later (90 days moratorium)

o Police – High funding scheme for Police personnel

o Pickup Vehicle Owners (ESP) – Own a BSVI Mahindra Pikup and pay the same EMI as a BSIV vehicle

· Own Now, Pay in 2021– Own your SUV today and start paying the EMI next year

· 90 Days Moratorium – Own your SUV today and start paying the EMI after 90 days

· 100% On Road Funding – Up to 100% of on-road funding for Mahindra SUVs

· Empowering Women with Special Schemes – 10 bps discount on the rate of interest

· Balloon and Step Up EMI offering to lower the monthly payments

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o First 3 low EMIs

o Pay 50% Less EMI for 3 months for every year of the loan tenure

o 25% of loan payment at the end of the loan tenure

o EMI starting from as low as Rs. 1,234/ per lakh

· Highest Loan Tenure – Loan Repayment after 8 years

· Lowest Interest Rate – Rate of interest starting from as low as 7.75%

· Hassle-free Financing – No prepayment / foreclosure charges from the very first day

· Yellow Board Funding – Taxi Funding available for a wide range of Mahindra SUVs

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