Mahindra & Mahindra Financial Services (Mahindra Finance), India’s leading NBFC (Non-Banking Finance Company) announced the launch of ‘Shubh Utsav’, 2 months of special festive offers on vehicle loans. The scheme aims to provide customers with offers and discounts on vehicle loans at extremely competitive rates during this season.
‘Shubh Utsav’ has been launched with immediate effect and will continue over the next two months, till the end of November. It has special finance schemes and would be available pan India and is specifically meant for customers who plan to avail vehicle loans during these two months.
Several innovative customer benefits have been rolled out through the ‘Shubh Utsav’ campaign. The customers can look forward to the following vehicle loan bonanza:
- SUV Loans (Mahindra brand) at interest rates starting 7.35%
- Up to 100% funding
- Loan tenure up to 7 years
- Buy now and pay after 60 days
- 50% waiver on processing fees
- Pre-owned car loans at interest rates starting 12%
- Loan on Tractor Implements at zero processing fee
- Quarterly and half-yearly EMI for select customers for Car and Tractor loans
Mahindra Finance is currently witnessing a significant turnaround in customer sentiments with the opening-up of the economy. Customers are looking forward to spending in this festive season, with the consumption trend improving along with the buying pattern.
The campaign is aimed at providing customers with unique vehicle loan offers pan India. The brand also includes offers that include up to 100% funding, loan tenure of 7 years and loans starting from 7.35% interest rates on certain vehicles – Tractors, Trucks, SUVs & Cars, 3 wheelers to Pre-owned car loans.
Mahindra Finance consists of more than 7.3 million customers and has 1380+ branches all across the country. Great Place to Work® Institute India has ranked the company in the Top 20 India’s Best Workplaces to Work in BFSI, 2019. Mahindra Finance is the only NBFC to have been listed on Dow Jones Sustainability Index in the Emerging Market Category.