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. 

Why choose Mahindra finance personal loans?

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.

Interest Rate & Charges

Mahindra finance personal loan interest rates
General -Interest Rates customized
Loan tenure 12 TO 36 MONTHS
EMI PAYMENT Through ECS, cheque, mobile transfer or cash payment at branch

Eligibility Criteria - Mahindra Finance Personal Loan

In order to avail a personal loan from Mahindra finance, an applicant must fulfill certain important criteria. The list of eligibility criteria that the applicant needs to meet before applying for a Mahindra finance Personal loan is given below:

  • The personal loan scheme of Mahindra finance is only available for existing Mahindra Finance customers and Mahindra Group employees.
    • Eligibility for existing Mahindra Finance customers: 
      • A good repayment track record is mandatory to avail the loan.
    • Eligibility for Mahindra Group employees: 
      • Applicant must be a confirmed employee of M&M Ltd., or any of its subsidiary companies to be eligible for Mahindra finance personal loan
      • Loan Applicant should have completed at least two years of service with the organization
      • Age of the applicant must be between 21 to 58 years
  • Eligibility and EMI calculator: Now, you can easily evaluate and calculate your Mahindra Finance personal loan eligibility and Mahindra Finance personal loan EMI amount using utility tools like personal loan eligibility calculator and personal loan EMI calculator at These calculators will help you to determine your EMI outflow every month including the interest rate you will need to pay. Using the calculator at is free, easy and simple.
  • CIBIL score: Credit score is an important factor for approval of your loan. Usually, an applicant’s credit worthiness is determined by evaluating his credit score i.e. CIBIL / EXPERIAN score. Loan applications of applicants having poor credit score may get rejected. It’s always advisable to keep on updating your credit score every now and then. If you have a bad credit score and somehow your loan application gets approved, you might be asked to pay a high rate of interest and be offered unfavorable terms and conditions on your loan as compared to someone who has an excellent credit score.

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 finance personal loan features & benefits

  • 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

Q1 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.
Q2 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.
Q3 Where can I get a personal loan from?
You can get your personal loan from any Mahindra Finance branch across India.
Q4 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.
Q5 What is the maximum loan repayment period possible?
The maximum repayment period of Mahindra finance personal loan is 2 years.
Q6 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.
Q7 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.
Q8 Can I prepay my personal loan?
Yes, you can easily prepay your personal loan at a nominal pre-closure rate.
Q9 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.
Q10 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.
Q11 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.
Q12 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.
Q13 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.
Q14 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.
Q15 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.
Q16 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 .
Mukesh Khanna
07 Sep 2019
I heard about 'AFINOZ', from one of my colleagues. He really sent me to the best place. I got my loan approval easily with no delay...You guys are really doing a good job.
Shilini Suman
27 Sep 2019
I got a good response from 'AFINOZ', as I am in need of best loan service, they fulfilled my requirements very nicely. I suggest you try 'AFINOZ', you will get the best service here
Aakash Karn
27 Sep 2019
If any short of loans are required then you can get from them easily .. no longer waiting process for approvals . . Quick loans are available and full support are provided by the experienced team
Latest News