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Three Wheeler Loan

Mahindra Finance covers the widest range of three-wheelers in India with flexible repayment options that range from 12 to 42 months. Your three-wheeler loans will get sanctioned within 48 hours. Our hassle-free documentation, multiple repayment plans customised to match your needs and rates of interest are the best in the industry and are determined by the location of the customer, tenure of loan and customer profile.

Three Wheeler Loan Features and Advantages

Three Wheeler Loan Eligibility and Documents

All customers between 21 to 58 years of age.

Documents Required

Disclaimer: MMFSL reserves the right to approve/disapprove the loan after the submission of documents.

Three Wheeler Loan FAQs

Yes, we provide finance for all major three-wheelers that are currently available in the Indian market.
The finance amount is based on the vehicle bought and the profile of the customer.
We do not fund any accessories unless it is a standard fitting.
The interest rates offered are best in industry and are determined by the location of the customer, tenure of loan and customer profile.
The three-wheeler loan is available for a maximum period of 4 years.
Normally, the approval is given in one working day after all the required documents are submitted. To check the documents required, click here.
No, collateral security is not required.
To do so, you can send your request through one of our nearest branches. Please see 'Our Network' to view a list of our branches.
Yes. You can remit your installments in any of our branches. Click here to view a list of our branches.
Under the finance agreement, foreclosure is not contemplated. However, upon your specific request, we may advise the settlement amount to you and on remittance of the same, the necessary termination papers.
On payment of the last installment and any other dues as per the agreement, the termination papers including the RTO related papers would be issued.
The termination letter
The no-objection letter addressed to the RTO
Insurance endorsement cancellation letter
You can intimate the branch, which you normally deal with. Otherwise, you can email us by clicking here.
No, comprehensive coverage is required.
We do not insist on this, but please take care to arrange for comprehensive insurance and produce the policy copy with our endorsement in time. However, if you pay the premium along with monthly installments, we can take care of your insurance needs.
Yes, a copy of the agreement will be provided to the applicant.

Three Wheeler Loan - Calculate your EMI

  • Diverse loan offerings
  • Less documenation
  • Quick processing
Loan Amount
Tenure In Months
Rate of Interest %
Principal: 75 %
Interest Payable: 25 %

For illustration purpose only

Total Amount Payable

50,000

loan process
1 <p>Apply</p>

Apply

2 <p>Select your <br /> product</p>

Select your
product

3 <p>Get <br /> approved</p>

Get
approved

4 <p>Get your loan <br /> sanctioned &amp; <br /> disbursed</p>

Get your loan
sanctioned &
disbursed

Simple loan

application

process

Apply now

mBlogs

Three Wheeler Loan Customer Speak

Get in Touch

Mahindra & Mahindra Financial Services Limited
4th Floor, Mahindra Towers,
Dr. G.M. Bhosale Marg,
P.K. Kurne Chowk, Worli,
Mumbai 400 018.

Click here to locate the nearest Mahindra Finance

Calculate Your EMI

  • Diverse loan offerings
  • Less documenation
  • Quick processing
Loan Amount
Tenure In Months
Rate of Interest %
Principal: 75 %
Interest Payable: 25 %

For illustration purpose only

Total Amount Payable

50000

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