Loan Amount
200000
SME Loans - Credit and Loan solutions
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Industrial project financing
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Equipment financing
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Corporate loans
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Secured business loans
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Lease rental discounting
With easily available financial aid at your disposal, it's possible to finance your long-term infrastructure or industrial and other major projects with comfortable repayment terms based on the project assessment.
Details:
- Finance amount: Up to Rs. 40 Cr
- Margin requirement: Depends on customer profile
- Tenure: Up to 6 years
- Security: Normal asset cover of 1.5 times
Take the advantage of our finance options to acquire equipment that may be critical for your business. Our unique SME loans are designed to cater to your unique needs; be it for equipment leasing or other refinancing options.
Details:
- Finance amount: Up to Rs. 40 Cr
- Margin requirement: Flexible
- Tenure: 6 months to 5 years
- Security: Normal asset cover of 1.5 times
We have a wide array of financial options available to suit your distinct needs. Our corporate loans are designed to iron out your interim financial needs catering to various corporate and business needs.
Details:
- Finance amount: Up to Rs. 25 Cr
- Tenure: 1 year to 5 years
- Security: Normal asset cover of 1.5 times
If you're looking to propel your new business or further enhance the output of your existing one, our secured business loan is the right choice.
Details:
- Finance amount: Based on the valuation of property
- Tenure: Up to 7 years linked to the business cycle
- Security: Normal asset cover of 1.5 times
Our offering evaluates existing property by providing discounting of rental for reputed customers. This improves the liquidity for your business in tier 1 and tier 2 for general corporate purposes.
Details:
- Finance amount: Up to Rs. 25crs
- Tenure: 6 years
- Security: Mortgage of the property under lease
FAQs
You may reach us at 022-6632-7940. You may also email your queries at [email protected].
The project loan quantum is decided based on your requirement, credit assessment and repayment capacity. However, it is limited to Rs. 40 crore.
We accept a wide range of securities. The spectrum includes land & real estate property, plant & machinery, equipment, fixed deposits, deposit certificates, KVP, NSC, securities issued by Central and State Governments, gold and other cash equivalents, life insurance policies and others.
The project loan will be processed within 20 working days provided everything is in place.
You have the flexibility of opting for equated installment, bullet repayment or ballooning repayment (depending on the requirements of your business). PDCs, ECS mandate or electronic transfers are all accepted means of payment.
Yes, you can prepay the business loan. Foreclosure charges at 2% shall be applicable on the principal outstanding.
You may reach us at 022-6632-7940. You may also email your queries at [email protected].
The equipment finance quantum is decided based on your requirement, credit assessment and repayment capacity. However, it is limited to Rs. 25 crore.
We accept a wide range of securities. The spectrum includes land & real estate property, plant & machinery, equipment, fixed deposits, deposit certificates, KVP, NSC, securities issued by Central and State Governments, gold and other cash equivalents, life insurance policies and others.
Equipment financing will be processed within 10 working days provided everything is in place.
You have the flexibility of opting for equated installment, bullet repayment or ballooning repayment (depending on the requirements of your business). PDCs, ECS mandate and electronic transfers are all accepted means of payment.
Yes, you can prepay the loan. Foreclosure charges at 2% shall be applicable on the principal outstanding.
You may reach us at 022-6632-7940. You may also email your queries at [email protected].
The corporate loan quantum is decided based on your requirement, credit assessment and repayment capacity. However, it is limited to Rs. 25 crore.
We accept a wide range of securities. The spectrum includes land & real estate property, plant & machinery, equipment, fixed deposits, deposit certificates, KVP, NSC, securities issued by Central and State Governments, gold and other cash equivalents, life insurance policies and others.
Your corporate finance will be processed within 10 working days provided everything is in order.
You have the flexibility of opting for equated installment, bullet repayment or ballooning repayment (depending on the requirements of your business). PDCs, ECS mandate and electronic transfers are all accepted means of payment.
Yes, you can prepay the corporate loan. Foreclosure charges at 2% shall be applicable on the principal outstanding.
The application can be done through our easy, secure and fast mobile app or webpage. To apply now, click here. You may also email your queries at [email protected].
We try to give the maximum amount based on your requirement and eligibility arrived by your business cash flow and valuation of the property. However, based on eligibility, you will be given the offer to accept the revised loan amount.
An unencumbered residential, commercial, industrial and land property is accepted as collateral.
You will get your eligibility amount sanctioned online itself. As you are aware, the secured business loan will be processed based on collateral. Therefore, we will take 3-4 working days to verify the value of collateral and ownership of collateral post receiving the copy of property documents. Post the verification of collateral, it will take 48 hours to disburse the loan.
However, the unsecured business will be disbursed within 48 hours of document verification.
However, the unsecured business will be disbursed within 48 hours of document verification.
Individuals, Proprietorship, Partnership, Public and Private Limited companies who require the loan for business expansion.
Loans can be used only for the purpose mentioned in the application. We generally provide loans for working capital, business expansion, debt substitution and equipment purchase.
We use NACH as the preferred mode of repayment. However, we offer flexibility and accept PDCs also.
You have the flexibility of opting for equated installment, bullet repayment, ballooning repayment or structured repayment (depending on the requirements of your business).
Yes, you can prepay the business loan. We do not have any foreclosure charges.
Our representative will contact you for the collection of documents to verify the data submitted online. Once the data is verified, we will process the disbursement of application. Mahindra Finance reserves the right to reduce or decline the loan post verification of documents.
If the data submitted by you in online application is verified by the documents submitted, then eligibility of loan amount may not change. However, Mahindra Finance reserves the right to reduce or decline the loan post verification of documents.
If the data submitted by you in online application is verified by the documents submitted, then eligibility of loan amount may not change. However, Mahindra Finance reserves the right to reduce or decline the loan post verification of documents.
Mahindra Finance and its agents follow stringent data protection guidelines. During the entire process of loan appraisal and sanction, the account IDs and passwords are not stored on the Mahindra Finance or its agent system. There is no manual intervention in the process. The IDs and passwords are used for automatic data extraction from the bank systems. However, for any reason, if you don't wish to enter your ID or password, you can also download your bank statement from your bank's website and upload the same on our mobile application/website.
Yes, you can alter your loan request while making an application. In case you face any issues with the same, please feel free to contact us and we'd be happy to help you.
If the FAQs didn’t solve your queries, you can reach out to us -
Toll free no. - 18008439240 [Monday to Friday - 9:00 AM to 7:00 PM and Saturday - 9:00 AM to 2:00 PM]
Email - [email protected]
We would be happy to assist you.
You may reach us at 022-6632-7940. You may also email your queries at [email protected]
The loan quantum is decided based on your requirement, credit assessment and the value of rentals. However, it is limited to Rs. 25 crore.
The security for lease rental discounting loan will be the property against which the lease rentals have been discounted.
The lease rental discounting loan will be processed within 10 working days provided everything is in place.
The repayment will be structured to match the cycle of rentals against which discounting has been done.
Yes, you can prepay the loan. Foreclosure charges will be applicable.
Calculate your EMI
- Diverse loan offerings
- Less documenation
- Quick processing
Tenure In Months
24
Rate of Interest %
14
Principal: 75 %
Interest Payable: 25 %
For illustration purpose only
Total Amount Payable
50000
1 
Apply
2 
Select your
product
3 
Get
approved
4 
Get your loan
sanctioned &
disbursed
Simple loan
application
process
Cars are no longer a luxury today; they have become a necessity. But if you are worried about your budget, simply apply for a car loan to make your dream of owning a car come true. Mahindra Finance makes car ownership a reality as you get financing up to the full cost of the vehicle.
Thanks to a simple and quick loan application procedure from Mahindra Finance, you can have your car loan sanctioned in no time and can choose a convenient repayment schedule. This allows you to devote your time and attention to research car brands, models, and loan budget details.
How to apply for a car loan
Mahindra Finance has made its car loan application process easy so that potential car owners can have a hassle-free experience. The loan procedure is available both online and offline, and you can either visit the nearest branch or opt for our time-saving online loan process.
It involves four easy steps:
Step 1: Go to the website
The first step is to start the application process by clicking the ‘Apply Now’ button on the website. You will be directed to a page where you will see different fields to be filled in. As you read further, you will get an idea of the information needed for filling out your car loan application. You can start applying once you are ready with the details.
Step 2: Select your product
Step 3: Get your loan approved
Once you fill in the details and submit the form, you will get a call back from our executive. They will ask you to share the supporting documents for the details mentioned in the car loan application form. This includes KYC documents such as PAN card, Aadhaar card, any government-issued ID, salary slip, Form 16 for eligibility check, and proof of address. These documents are required for verification.
Step 4: Get your loan sanctioned and disbursed
The final step of the car loan application is approval and disbursement of your loan amount. After verification, your loan will be sanctioned immediately, and the amount will be credited if the documents are satisfactory. If not, you might be requested to submit additional documents.
Now, wasn’t that easy and quick? So, stop dreaming about owning a new car and apply for a car loan with Mahindra Finance today!
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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.
Dr. G.M. Bhosale Marg,
P.K. Kurne Chowk, Worli,
Mumbai 400 018.
Email: [email protected]
Toll free number: 1800 233 1234 (Mon–Sun, 8am to 10pm)
(Except National Holidays)
WhatsApp number: 7066331234
Click here to locate the nearest Mahindra Finance branch around you
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Calculate Your EMI
- Diverse loan offerings
- Less documenation
- Quick processing
Loan Amount
200000
Tenure In Months
24
Rate of Interest %
14
Principal: 75 %
Interest Payable: 25 %
For illustration purpose only
Total Amount Payable
50000
Fraud Advisory
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