Calculate EMI for all Mahindra & Mahindra Financial Services loans. Compare rates for Car Loan, Personal Loan, Business Loan, Gold Loan, Bike Loan, Home Loan.
| Year | Principal | Interest | Balance |
|---|
Here are all the loan products offered by Mahindra & Mahindra Financial Services with their current interest rates and key details.
| Loan Type | Interest Rate | Max Tenure | Processing Fee |
|---|---|---|---|
| Car Loan | 10.00 - 18.00% | 7 years | Up to 2.50% of loan amount |
| Personal Loan | 14.00 - 24.00% | 4 years | Up to 3% |
| Business Loan | 14.50 - 22.00% | 5 years | 2% + GST |
| Gold Loan | 11.00 - 20.00% | 2 years | 1.50% + GST |
| Bike Loan | 14.00 - 22.00% | 4 years | 2% of loan amount |
| Home Loan | 9.50 - 15.00% | 20 years | 1% + GST |
Mahindra Finance offers Car Loan, Personal Loan, Business Loan, Gold Loan, Bike Loan, Home Loan. Each loan type has different interest rates, tenures, and eligibility criteria.
Use the EMI calculator on this page to calculate your Mahindra Finance loan EMI. Enter the loan amount, select the interest rate offered by Mahindra Finance, and choose your preferred tenure to get instant results.
Mahindra Finance generally requires a credit score of 700+ for most loans. A score of 750+ may help you get better interest rates. Exact requirements vary by loan type and amount.
Mahindra Finance typically does not charge prepayment penalty on floating rate loans. Fixed rate loans may have prepayment charges of 2-4% of the outstanding amount. Specific charges vary by loan type.
You can apply for Mahindra Finance loans online through their official website or mobile banking app, or visit the nearest Mahindra Finance branch. Keep your KYC documents, income proof, and bank statements ready.