Mahindra & Mahindra Ltd, offers Finance Schemes, specially for doctors, police and women customers.

Mahindra & Mahindra Limited is an Indian multinational car manufacturing corporation, headquartered in Mumbai, Maharashtra, India. On May, 19, 2020, Mahindra & Mahindra took a step, to offers new finance schemes as a relief for doctors, cops and women against COVID-19 pandemic.

The schemes include 50 per cent waiver on the processing fee and the option to “buy now, pay later” (with 90 days moratorium on payment) and this schemes specially for the benefits of the Corona Warriors like doctors’ community and policeman and also include women customers in  this scheme.

Mahindra & Mahindra Company said that they release a new finance scheme which includes special offers such as 8-years loan term, 90-days moratorium on payment and 100 per cent on-road finance, specially for the Corona Warriors like doctors, policeman and it also include the women buyers. These new schemes releases by the company, as considering the situation in the country, to help customers purchase its vehicle with relieve, in the middle of the lockdown.

These schemes specially made by full study on customer’s problem mainly the Corona Warriors in the lockdown. So, these financing schemes deliver also empower the customers to own a Mahindra vehicle model at their convenience with their own choice.

Veejay Nakra, Chief Executive Officer (automotive division) of Mahindra & Mahindra Ltd said “The bedrock of each one of our schemes is to provide financial flexibility and peace of mind of our Corona Warriors who are providing unparalleled support at this point of time”.

The company said that the funding scheme for Corona Warriors, they will entitled to a 10-basis point discount on the financing cost and it also offers the customers to own a BSVI- complaint pick-up and pay the same EMI as that of BS-IV vehicle, while an SUV customers can also own the vehicle now and start paying the EMI from 2021. And the EMI for a financed vehicle starts from as low as Rs. 1,234 per lakh.