Mahindra introduces innovative finance schemes for its customers


Innovative finance schemes – Own Now, Pay In 2021; 90 Days Moratorium; Special schemes for women; 100% On Road Financing and 8-years Loan Tenure

19/05/2020

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MUMBAI
Mahindra & Mahindra Ltd, a part of the USD 20.7 bn Mahindra Group, today announced a wide variety of innovative, new finance schemes to ease the burden on its customers during these challenging times. These attractive finance schemes include customized, industry-first offerings that assure peace of mind for Mahindra customers, deliver financial flexibility and empower them to own their desired Mahindra vehicle model at their convenience. Speaking about these new finance schemes, Veejay Nakra, CEO, Automotive Division, M&M Ltd. said, “The introduction of these unique financing schemes is one more step by Mahindra to support its customers during these challenging times. The bedrock of each one of our schemes is to provide financial flexibility and peace of mind to our customers, especially for our Covid warriors who are providing unparalleled support at this point in time. Together with the various digital interventions which Mahindra has recently announced both in its sales and service, these offerings will provide our customers with a holistic buying and owing experience for a Mahindra vehicle”.  Mahindra is empowering its customers by offering a host of finance schemes* through various financial institutions:   ·         Special Finance Schemes for COVID Warriors o    Doctors – 50% Processing Fee Waiver and the option to Buy Now, Pay Later (90 days moratorium) o    Police – High funding

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