Mahindra Finance Personal Loan – Interest Rates 2024

Mahindra Personal Loan: Current interest rates ✓ EMI ✓ processing charges ✓ documents requirement for Mahindra Finance Personal loans online. Calculator emi and eligibility with calculator. Mahindra finance Instant personal loan approval and disbursement in 2 days. Easy EMI payment option through cheque, ECS, mobile transfer or cash at the branch.

Mahindra Finance Personal Loan Details

Interest Rates N.A
Pre payment Charges N.A
Loan Amount Upto ₹ 3,00,000
Processing Fees 2% to 3% of the loan amount
Loan Repayment 36 Months / 3 Years
Minimum Income 15000 per month
Customercare Toll Free 022 6652 6000

Eligibility And Documentation required for Mahindra Finance Personal Loan

The personal loan is available for existing Mahindra Finance customers and Mahindra Group employees only.

For existing Mahindra Finance customers:

A good repayment track record is mandatory

For Mahindra Group employees:

  • All confirmed employees of M&M Ltd., or any of its subsidiary companies
  • Should have completed at least two years of service with the organisation
  • Should be between 21 to 58 years of age

Documents required:

  • Photographs of the borrower and guarantor
  • KYC Documents
  • Pan card copy
  • Income proof/proof of profession/bank statements of three months

Mahindra Finance Personal Loan EMI Calculator

Calculate emi for your personal loan via interest rates & repayment period. you can get fair idea how much amount you have to pay every month for your loan amount which you have taken from the bank.

Calculate Loans EMI Online

Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
Monthly EMI
Total Amount with Interest
Total Interest Amount
Yearly Interest Amount

Example = Loan amount of 2 lakh @ 15.00% rate of interest for 3 years calculations are:

Monthly EMI = 6933.07
Total Amount with Interest = 249590.52
Total Interest Amount paid in 3 years = 49590.52

Yearly Calculated Values for 2 lakh loan amount
Year Principal Interest Balance Amount
1 Rs. 57,009 Rs. 26,187 Rs. 142,991
2 Rs. 66,174 Rs. 17,022 Rs. 76,817
3 Rs. 76,903 Rs. 6,384 Rs. 0

Mahindra Finance have more than 1000+ branches with over 16000 employees in all over the India.

  • Ranked 68th among 791 employers surveyed in India
  • Ranked 5th in Financial Services Sector in India
  • Ranked 3rd in Workplace Transformation Case Study

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