Mahindra Finance

Mahindra & Mahindra Financial Services Limited is a Rural NBFC headquartered in Mumbai, India. 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 1000+ offices spread across 1 in every 3 villages across India with a total of more than 4.7 Million customers till date. Mahindra Finance started on 1 January 1991, as Maxi Motors Financial Services Limited.

Key Benefits
Interest Payout Option
Min amount
Max amount
Penalty on premature withdrawal
Tenure Rate of interest
Cumulative FD / Year
Half yearly Take Interest Payout Quarterly Payout
12 Months 8.1 7.95% 7.9%
24 months 8.5% 8.35% 8.3%
36/48/60 months 8.8% 8.65% 8.6%
Notes