Personal Loan Interest Rates 2024

Mahindra Finance Personal Loan Interest Rates

Mahindra Finance Personal Loan Interest Rates

Last Updated : July 22, 2020, 11:48 p.m.

Mahindra Finance is one of the leading financial institutions of our country that provides various kinds of banking facilities to its customers. Personal Loan is one of the amazing banking products provided by them. If you’re planning to opt for a personal loan, you should opt for a Mahindra Finance Personal Laon because of the affordable and attractive interest rate offered by them. The repayment of the loan can be done by easy EMI method through cheque, ECS, IMPS, or even through cash at any branch of Mahindra Finance.

Apply Personal Loan @ 10.75%* Rate

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We will be telling you about the Mahindra Finance personal loan interest rate and other important aspects of the loan facility in this article so that you can choose the right option for yourself.

Mahindra Finance Personal Loan Interest Rates April 2024

Mahindra Finance personal loan interest rate is one of the most significant factors that make it preferable among customers in the current financial market. You can have a glance at the various details of the Mahindra Finance Personal Loan Facility in the table given below.

Interest RatesAs Applicable by the Lender
Loan AmountMaximum of INR 3 lakhs
Repayment PeriodMaximum of 2 years
Processing FeeAs Applicable by the Lender
Foreclosure ChargesAs Applicable by the Lender
Pre Part-payment ChargesAs Applicable by the Lender
Minimum Monthly IncomeAs applicable by the Lender

How can you apply for Mahindra Finance Personal Loan?

You can easily apply for a Mahindra Finance Personal Loan , you need to visit the official website of Mahindra Finance. There, submit the application form by filling out the few details like your name, PIN code, mobile number, City, State, etc. If you do not want to apply online, you always have the option to visit the nearest branch of Mahindra Finance and apply for a loan over there in an hassle-free manner.

Eligibility Criteria for Mahindra Finance Personal Loan

Below are the conditions that an applicant has to fulfill to be eligible for a Mahindra Finance Personal Loan.

  • This loan facility is available only to the existing Customers of Mahindra Finance and Mahindra Group employees.
  • The CIBIL score must be good.
  • The Mahindra Group employees must have been working from the last two years in the organization.
  • The age must be between 21 to 58.

Documents required

You can have a look at the required documents given below.

  • Passport-sized photographs of borrower and guarantor
  • KYC Documents (Aadhar Card/ Passport/ Driving License)
  • Copy of PAN Card
  • Bank Statment of the last three months

Mahindra Finance Personal Loan Customer Care Number

In case of any query or problems regarding the personal loan facility, you can get in touch with the Mahindra Finance customer care executives by calling 1800-233-1234 available from 8 am to 8 pm from Monday to Friday . They will patiently hear your problems and wil try to resolve it by all means possible. So don’t hesitate on having any kind of problem, you’re just a phone call away from reaching out to them!

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