Mahindra & Mahindra Announced a New Affordable Finance Schemes For Consumers


On Wednesday, Mahindra & Mahindra (M&M) launched new affordable financing plans for its customers for all its cars, including EMI, beginning as low as Rs 899 per lakh for personal utility cars (UVs). The company claimed that it included up to 10% of ex-showroom price financing options for personal UV accessories and that the first nine months of EMI would be 50 % lower than regular EMIs for personal UVs.

The plan also provides an opportunity for the first six months of EMI to be cut by 76% from standard EMIs for personal UVs, and up to seven years of support for Bolero Pickup and Bolero Maxi Truck, M&M said in a statement.

The funding solutions introduced in the past few months appear to be among the options open to consumers to select from.

Which include plans such as ‘Own now and pay in 2021,’ ‘Up to years of 
investment,’ ‘100 per cent on-road finance’ and ‘Own BSVI collection at BSIV EMI,’ the firm said.

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