Mahindra Finance began as a captive financier of Mahindra Utility Vehicles in the early 90s. From Mahindra UVs to tractors to non-Mahindra products, the company has diversified into a financial services provider with a whole suite of financial solutions tailored to the under-served customer in under-penetrated rural markets.
Our product portfolio consists of vehicle finance, which includes financing of passenger vehicles, utility vehicles, tractors, commercial vehicles, construction equipment; and pre-owned vehicles and SME finance, which includes project finance, equipment finance, working capital finance and bill discounting services to SMEs. The company also undertakes mutual fund distribution, fixed deposits and personal loans tailor-made to suit its unique customer set.
With over 33,000 employees, Mahindra Finance has a presence in every state in India and a footprint in 85% of its districts. It has a network of over network 1380 offices, serving customers in more than 3, 80,000 villages– that’s one in every two villages in the country. And has assets under management (AUM) of over Rs. 81,500 crores.
Since inception, Mahindra Finance has served as a positive change agent catering to the financial needs of millions in rural and semi-urban India. Its deep connection with the customers and their evolving needs has been the key to its growth and success. The company has thus pioneered several innovative financial solutions tailor-made to the earning patterns of the unique “Earn and Pay” segment that it serves.
Our endeavour to stay deeply connected with the customer begins with our recruitment strategy. We consciously recruit employees at the local level, rather than appoint them from cities and depute them to rural branches.
Our employees speak the local language, are connected to the land, its people, and understand the local challenges. This connect also helps us anticipate market needs and business trends and enables us to respond with the right combination of products and solutions.
Through our subsidiary, Mahindra Insurance Brokers Limited (MIBL), we provide life and non-life insurance products through tie-ups with various leading insurance companies. Another one of our subsidiaries Mahindra Rural Housing Finance, provides loans for home construction, extension, purchase and improvement to customers in rural and semi-urban India. Mahindra Asset Management Company, offers a variety of mutual fund schemes, with a special focus in rural and semi urban areas. Interestingly, its Mutual Fund schemes have been launched with Hindi names, so that investors in rural areas understand the objectives of the schemes better.
Mahindra Finance is the only Non-Banking Financial Company from India to be listed on Dow Jones Sustainability Index in Emerging Market Category. Mahindra Finance has been ranked in Top 20 India's Best Workplaces to Work in BFSI, 2019 by Great Place to Work® Institute India. We have also been recognized as Aon Best Employer 2019 and ranked 49th amongst Top 100 Indian companies for Sustainability & CSR under Responsible Business Rankings 2019 by Futurescape. Click here to know more.
To be a leading financial services provider in semi-urban and rural India.
To transform rural lives and drive positive change in the communities.
* Mahindra Insurance Brokers Limited (MIBL)
Mahindra Rural Housing Finance Limited (MRHFL)
Mutual Fund Schemes*
Mahindra Manulife Investment Management Private Limited
We push the boundaries to create innovation and beneficial products to transform the lives of our customers. Our core values focus on shaping the future, while growing in the present. We combine the needs and expectations of our customers and provide the best service.
We exist and prosper only because of our customers. We always respond to the changing needs and expectations of our customers speedily, courteously and effectively.
We make quality a driving value in our work, in our products and in our interactions with customers, employees and stakeholders. We believe in the theory of ‘Right the First Time ’.
We have always sought the best people for the job and given them the freedom and opportunity to grow. We support innovation, well-reasoned risk-taking and demand performance.
As in the past, we will continue to seek long-term success, which is in alignment with our country’s needs. We will do this without compromising ethical business standards.
We value individual dignity, uphold the right to express disagreement and respect the time and efforts of others. Through our actions, we encourage fairness, trust and transparency.
It isn't a matter of chance that we are one of India's leading non-banking finance companies. A clear vision and determined effort has helped us develop a set of competencies that not only sets us apart, but also helps us propel ahead with greater force and self-assurance.
We recruit candidates who are not only capable, but also aware of their social environment and conditions. Hence, they can cater to customers better with the help of their local knowledge. We maintain congenial relations with our dealers that enable our employees to be pro-active and efficient at all times.
With a presence of over two decades in the industry, we have gathered a comprehensive understanding of the rural and semi-urban markets. This knowledge enables us to devise products and services according to the specific needs of our customers. It is also the reason why we are one of those few who provide loans based on the future repayment capabilities instead of the current status of our customers.
It is our constant endeavour to develop skill sets at grass-root levels. In keeping with that spirit, we provide employment to more than 20000 people and help them grow.
LARGE BASE OF CUSTOMERS
Our greatest strength lies in our large and ever-growing base of over 4 million satisfied customers. They are testimony to our never-ending dedication to enhance the lives of rural and semi-urban India.
The parentage of Mahindra Group and the close association with dealers throughout the country gives us an edge over our peers.
One of our most significant assets is the fast loan disbursement process. With minimal documentation and utmost flexibility, our loans are usually disbursed within a period of 2 days. We also have customised repayment schedules that are designed to guarantee maximum flexibility when it comes to the repayment of loans.
Our extensive network of 1380+ branches across the country ensures that you are never too far from a Mahindra Finance branch.
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