Mahindra Finance Personal Loan 2022

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Mahindra Finance Personal Loan 2022 Highlights

Mahindra Finance Personal Loan Interest Rates ✓ Mahindra Finance Personal Loan EMI Calculator ✓ Check Eligibility ✓ Best OFFERS ✓ Apply Online Now.


Mahindra finance personal loans Details

Want to renovate your home, organize a grand wedding for your child or traveling abroad; you can apply for Mahindra Finance personal loan. These loans are available only for existing Mahindra Finance customers and Mahindra Group employees. The loans are provided at competitive interest rates. Loan applicant can avail loan amount up to Rs. 3 lakhs for the maximum period of 36 months. To provide customers total comfort Mahindra Finance accepts payment of EMI through cheque, ECS, and mobile transfer. You can also repay in cash at the nearest branch.

❂ Instant approval of personal loan and disbursement within 2 days

❂ Applicant can avail loans of up to Rs. 3 lakh

❂ Hassle-free documentation with maximum flexibility

❂ Maximum loan tenure of Mahindra finance personal loan is up to 3 years.

❂ Easy EMI payment option through cheque, ECS, mobile transfer or cash at the branch

Interest Rate & Charges - Mahindra finance personal loan

Mahindra finance personal loan interest rates
General -Interest Rates Customized
Loan tenure 12 TO 36 Months
Lona Amount UP TO 3 Lakh
Emi Payment Through ECS, cheque, mobile transfer or cash payment at branch
Age 21 TO 58 Years for salaried


Read More: All Banks & NBFCs Interest Rate 2021

Eligibility Criteria - Mahindra Finance Personal Loan

Mahindra Group is a world-renowned automotive conglomerate offering various financing schemes and auto loans to customers across various segments. Mahindra Finance provides easy to avail personal loans at lowest interest rates to existing Mahindra customers as well as employees of Mahindra & Mahindra Group.

  • Minimum age requirement is 21 years, up to 58 years
  • Mahindra & Mahindra Group employee
  • Existing Mahindra Finance Customer
  • Minimum 2 years of service with Mahindra & Mahindra
  • Good repayment track record for existing customers
Read More: Calculate Your Personal Loan Eligibility 


Document Required - Mahindra Finance Personal Loan

  • Photographs of the borrower and guarantor
  • KYC Documents
  • Pan card copy
  • Income proof/proof of profession/three months bank statement

Features and Benefits - Mahindra Finance Personal Loan

Mahindra Group is one of the leading automotive manufacturers in our country, hence they provide an extended credit support to their existing customers and as well to employees of Mahindra Group. The loans which are provided are offered at a very competitive rate of interest to the tune of ₹ 3 Lakh for any urgent or special need regarding the house renovation, travel & holiday and others.

Some prominent features of the scheme are:

  • Immediate and instant loan approval
  • Disbursement within 2 days
  • Multiple repayment options
  • Flexible loan tenure
  • Minimal documentation

Mahindra Finance Personal Loan EMI calculator

The  EMI calculator calculates the most accurate figures for the amount you would require to pay back each month. By doing so, you can simultaneously re-access your current and projected financial position for each month, which may include other occurring monthly expenses like credit card expenses, household & routine traveling expenses and others.


Here, we have provided a table that includes the most offered loans in term of the amount of loan being availed at respective rates through Mahindra Finance. You can also visit EMI Calculator to calculate EMIs more specific to your needs.

Various amounts being offered @ 11.99% p.a. (0.010% effective ROI per month) for a period of 36 months:

Loan Amount

ROI @ 11.99%

Tenure (Months)




₹ 2,00,000



₹ 2,39,108

₹ 6,641

₹ 39,108

₹ 3,00,000

₹ 3,58,662

₹ 9,962

₹ 58,662

₹ 4,00,000

₹ 4,78,217

₹ 13,283

₹ 78,217

₹ 5,00,000

₹ 5,97,771

₹ 16,604

₹ 97,771

₹ 10,00,000

₹ 11,95,543

₹ 33,209

₹ 1,95,543

Comparative analysis of various personal loan providers at their respective rate of interests on offer, for a tenure of 2 years or 24 months;


Loan Amount


Tenure (Months)




Mahindra Fin.

₹ 3,00,000



₹ 3,38,895

₹ 14,120

₹ 38,895



₹ 3,50,816

₹ 14,617

₹ 50,816



₹ 3,39,770

₹ 14,157

₹ 39,770



₹ 3,47,395

₹ 14,474

₹ 47,395

Axis Bank


₹ 3,39,601

₹ 14,150

₹ 39,601

How can you apply for a Mahindra Finance Personal Loan

Well, there are many ways in which you can apply for a Mahindra Finance personal loan. One can pay a visit to the nearest Mahindra Finance branch or one can contact the Mahindra finance personal loan customer care by calling at 022-66526000. A provision for SMS services is also given by sending (SMS ‘MFLOAN’ to 56363) or visit the online platform of Mahindra Finance to apply for your personal loan in Mahindra finance. One can avail the credit facility of personal loan at attractive Mahindra finance personal loan rate of interest in a hassle-free manner, by choosing any of the above-mentioned mediums as per their own convenience or they can simply visit our page as given below.

How to apply for Mahindra Finance Personal Loan through Afinoz –

While you do your Mahindra Finance personal loan application through Afinoz, you should check the following: -

You can easily apply for a Mahindra Finance personal loan at Afinoz. It is a financial platform who has tie-ups with various lenders that provide short term loans purely based on the customer persona and KYC documents.

Here are a few simple steps for applying for an easy loan:


Mahindra Finance Personal Loan Status

Mahindra Finance Personal Loan application is easy to access and upload once filled. Mahindra Finance provides these loans through their automotive channel partners i.e. the Mahindra Dealers. Once the central processing center verifies the documents and approves it for further action, it is transferred to the channel partner. The channel partner then contacts the applicant and ask for other relevant documents required for eligible loan amount and tenure. Then, the application is processed by the central office and a loan agreement is provided with applicable rate of interest and the sanctioned loan amount.

Mahindra Finance Customer Care

In case there is any concern, query or grievance regarding the personal loan application or disbursal of loan amount, one can reach out to the Mahindra Finance Customer Care toll-free number 1800 233 1234 at any time during Monday to Friday between 8 AM to 8 PM. However, one can also get in touch with the executives on 022-6652 6000, they possess a team of trained and efficient executives who can resolve most of the queries.

About Mahindra finance

Mahindra & Mahindra Financial Services Limited (MMFSL) is one of India’s leading Rural NBFC headquartered in Mumbai. It is amongst the top tractor financer in India and offers a wide range of financial products to address varied customer requirements. The NBFC has more than 1000 offices spread across 1 in every 3 villages across the country with a total of more than 3 Million customers till date. 

➤ FAQs

Ques. How long will it take for me to receive my personal loan from Mahindra Finance?

It usually takes two working days for the approval & disbursement of Mahindra finance personal loan.

Ques. Does I need a bank account in order to receive my personal loan?

Yes, there is a requirement of a bank account to avail personal loan from Mahindra finance.

Ques. Where can I get a personal loan from?

You can get your personal loan from any Mahindra Finance branch across India.

Ques. What is the minimum and maximum amount that can be issued as a personal loan?

The maximum loan amount will be based on the eligibility of the applicant.

Ques. What is the maximum loan repayment period possible?

The maximum repayment period of Mahindra finance personal loan is 2 years.

Ques. How can I repay a personal loan?

The Mahindra finance personal loan can be repaid by Local PDC, ECS or by way of Salary Deduction.

Ques. How will the personal loan amount be given to me?

Loan amount of Mahindra finance is given by the way of cheque or direct credit to your account.

Ques. Can I prepay my personal loan?

Yes, you can easily prepay your personal loan at a nominal pre-closure rate.

Ques. Why should I apply for Mahindra finance personal loan through

Mahindra finance has collaboration with for personal loan submissions. Applying for a Mahindra finance personal loan online can get best interest rates & instant e-approval, along with a dedicated customer support for any queries or grievances.

Ques. Is Personal Loan calculator tools of are Free?

Yes loan calculator tools are completely free and we are not charging any fee for the services we provide.

Ques. Can I know the EMI amount of my personal loan in advance?

Yes we have a unique EMI calculator tool that offers EMI breakup for all loans by entering the loan amount, tenure and rate of interest. You can compare the EMI for different loan amounts and tenures with our tool and finalize the best-suited plan for your budgets before applying for Fullerton India personal loan.

Ques. Is my data safe with

Completely yes, does not share data with any third party other than the financial institution for the application. All data is sent with a high level of encryption making it safe and secure at all times.

Ques. after applying online with, when will I get the loan amount and how long it will take?

Afinoz immediately submits your Mahindra finance personal loan application. A representative from us will get in touch with you soon to collect documents like salary certificate, identity proof etc. On submitting these documents, the institution initiates verification process and checks your CIBIL score and disburses the loan if all things went well. The process may take 48 to 72 hours.

Ques. How to contact the Mahindra Finance Personal Loan Customer Care?

In case of any complaint, query or concern you have regarding your personal loan in mahindra finance, you may contact the mahindra finance personal loan contact number of 022 6652 6000 from your landline or mobile. mahindra finance personal loan customer support team members have loads of expertise and experience and they will resolve all your queries/concerns immediately.

Ques. What are the ways in which can I apply for a mahindra finance personal loan.

Well, there are multiple ways by which you can apply for your personal loan in mahindra finance.  You can visit the nearest Mahindra Finance branch personally. Alternately, you can be in touch with the mahindra finance personal loan customer care by calling at 022-66526000. You may also opt for the SMS option (SMS ‘MFLOAN’ to 56363) or visit the online platform of Mahindra Finance to apply for your personal loan in mahindra finance. You can avail the credit facility of personal loan at attractive mahindra finance personal loan rate of interest in a hassle-free manner, by choosing any of the above-mentioned mediums as per your own convenience.

Ques. Can I use the personal loan calculator tool of while applying for a personal loan in mahindra finance?

Yes, absolutely!  With the help of the Afinoz personal loan EMI calculator, you get to know the interest amount, total amount payable and the EMI. It gives an accurate account of the interest amount charged on your total loan and also provides a realistic estimate related to your future payments. Thus, you can decide on the loan amount and tenure to suit your affordability. This tool is simple and quick and once you enter the details (Loan Amount, tenure and mahindra finance personal loan rate of interest), the EMI amount is calculated within a few seconds. For any query about Mahindra Finance personal loan application, you can log on to or give us a call at + 919899889816 or mail us at .

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30 Dec 2020
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