Mahindra & Mahindra Ltd has announced a wide variety of innovative, new finance schemes to ease the burden on its customers during these challenging times. These attractive finance schemes include customized, industry-first offerings that assure peace of mind for Mahindra customers, deliver financial flexibility and empower them to own their desired Mahindra vehicle model at their convenience.
Speaking about these new finance schemes, Veejay Nakra, CEO, Automotive Division, M&M Ltd. said, “The introduction of these unique financing schemes is one more step by Mahindra to support its customers during these challenging times. The bedrock of each one of our schemes is to provide financial flexibility and peace of mind to our customers, especially for our Covid warriors who are providing unparalleled support at this point in time. Together with the various digital interventions which Mahindra has recently announced both in its sales and service, these offerings will provide our customers with a holistic buying and owning experience for a Mahindra vehicle”.
Mahindra is empowering its customers by offering a host of finance schemes through various financial institutions:
- Special Finance Schemes for COVID Warriors – Doctors to benefit from 50% Processing Fee Waiver and the option to Buy Now and police personnel to be offered high funding scheme
- 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
- 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