Mahindra Finance Personal Loan Interest rate

Editor
0

Mahindra Finance Personal Loan Scheme: Mahindra Finance is offering its customers a personal loan of up to 15 lakh rupees at a low interest rate. Through Mahindra Finance's personal loan scheme, individuals can avail a personal loan of up to 15 lakh rupees. The annual interest rate for this loan is fixed at 10.99%.

Additionally, the financial firm provides immediate personal loans and attractive flexi variants. With the flexi facility, individuals can make interest-only payments for up to two years. Mahindra Finance also offers affordable processing fees for personal loans.

Let's explore the different types of personal loans offered by Mahindra Finance, as well as the application process, features, eligibility requirements, necessary documents, EMI calculator, mobile app, interest rates, fees, and the online application process.

Only current customers and employees of Mahindra Group are eligible for personal loans from Mahindra Finance. The annual interest rate for personal loans from Mahindra Finance is 10.99%.

In addition, the Flexi Personal Loan provided by Mahindra Finance comes with attractive features. With minimal processing fees and minimum documentation requirements, this financial institution offers personal loans with amounts ranging from 50,000 to 15 lakh rupees for a period of two to five years, depending on the applicant's eligibility.

Mahindra Finance Personal Loan Scheme

AttributeDetails
Loan AmountUp to 15 lakh rupees
Interest Rate10.99% annually
Repayment Tenure24 to 60 months
Approval TimeWithin 24 hours
DocumentationMinimal requirements
ApplicationOnline or offline
Eligibility CriteriaAge: 21 to 58 years, Salaried individuals or self-employed, Minimum income and CIBIL Score: 750 or higher
Types of LoansFlexi Loan-1: Interest-free for up to 12 months, Flexi Loan-2: Up to 50% interest-free for up to 24 months
Websitemahindrafinance.com/loans/personal-loan
Customer SupportHelpline: 1800-209-5858

Key Benefits of Mahindra Finance Personal Loan Scheme:

  • Low Interest Rate: Commencing at 10.99% annually
  • Higher Loan Amounts: Obtain loans of up to 15 lakh rupees
  • Flexible Repayment Tenure: Repay within 24 to 60 months
  • Immediate Loan Approval: Loan approval within 24 hours
  • Easy Documentation: Minimal documentation requirements
  • Online Application: Apply for a loan online
  • No Prepayment Charges: No charges on repaying the loan early

Types of Mahindra Finance Personal Loan Scheme:

  • Flexi Loan-1: Under this scheme, you can utilize the loan amount interest-free for up to 12 months.
  • Flexi Loan-2: Under this scheme, you can utilize up to 50% of the loan amount interest-free for up to 24 months.
Mahindra Finance Personal Loan Interest Rate

Eligibility for Mahindra Finance Personal Loan Scheme:

  • Age: 21 to 58 years
  • Employment: Salaried individuals or self-employed
  • Income: Minimum income criteria apply
  • CIBIL Score: 750 or higher

How to Apply for Mahindra Finance Personal Loan Scheme:

  • Online: Visit the Mahindra Finance website and fill out the online application form.
  • Offline: Visit the nearest Mahindra Finance branch and complete the application form.

For more information on the Mahindra Finance Personal Loan Scheme:

This scheme presents a great option for those seeking personal loans at low interest rates.

Other Important Information:

  • This scheme is only available to current customers of Mahindra Finance and employees of the Mahindra Group.
  • Loan amounts and interest rates may vary based on applicant eligibility.
  • Verification of all documentation is required for loan approval.

You may be eligible for this loan if:

  • You are a current customer or employee of Mahindra Group.
  • You have a good credit score.
  • You have a stable source of income.

You may not be eligible for this loan if:

  • Your credit score is poor.
  • You do not have a stable source of income.
  • You have a history of insolvency.

This article provides information on the Mahindra Finance Personal Loan Scheme. For any inquiries, please contact Mahindra Finance through their website or helpline.

Post a Comment

0Comments

Post a Comment (0)

#buttons=(Accept !) #days=(31)

Our website uses cookies to enhance your experience. Learn More
Accept !