Check your Mahindra Finance car loan eligibility. Rate: 10.00 - 18.00% p.a. Max amount: ₹1 Cr.
Mahindra & Mahindra Financial Services offers car loan at an interest rate of 10.00 - 18.00% p.a. with a maximum tenure of 7 years. The maximum loan amount is ₹1 Cr with a minimum monthly income requirement of ₹20,000.
| Loan Amount | Monthly EMI | Total Interest | Min Income Required |
|---|---|---|---|
| ₹3 Lakh | ₹6,374 | ₹82,440 | ₹10,624/mo |
| ₹4 Lakh | ₹8,499 | ₹1,09,940 | ₹14,165/mo |
| ₹5 Lakh | ₹10,624 | ₹1,37,440 | ₹17,707/mo |
| ₹6 Lakh | ₹12,748 | ₹1,64,880 | ₹21,247/mo |
| ₹7 Lakh | ₹14,873 | ₹1,92,380 | ₹24,789/mo |
| ₹8 Lakh | ₹16,998 | ₹2,19,880 | ₹28,330/mo |
| ₹9 Lakh | ₹19,122 | ₹2,47,320 | ₹31,870/mo |
| ₹10 Lakh | ₹21,247 | ₹2,74,820 | ₹35,412/mo |
Mahindra Finance Car Loan interest rate ranges from 10.00 - 18.00% p.a. in 2026. The actual rate depends on your credit score, income, and loan amount.
Mahindra Finance offers a maximum car loan of ₹1 Cr with a tenure of up to 7 years.
The processing fee for Mahindra Finance Car Loan is Up to 2.50% of loan amount.
Mahindra Finance Car Loan prepayment policy: 5% of outstanding.
The minimum monthly income required is ₹20,000. Use the calculator above to check your exact eligibility based on your income.