Know India s Top Financial Institution

by

Jkay

Non-Banking Financial Institutions (NBFC) provides financial services like loans, debentures, securities, shares, etc. Asset Finance Company (AFC), Loan Company (LC), and Investment Company (IC) are the three types of Non-Banking Financial Institutions.

In India, Mahindra and Mahindra Financial Services Limited (MMFSL) is one of the top non-banking financial institutions. Established in 1991, Mahindra Finance is the financial arm of the US 6.7 billion dollars Mahindra Group. MMFSL offers loans to buy vehicles like tractors, commercial vehicles, cars, etc. Besides this, they also offer Auto Refinance for the purchase of second hand vehicles and loans against a car to obtain exigency cash.

One of the top financial institutions in India, Mahindra Finance has opened a new branch in Kerala where they inaugurated a new loan scheme. India being a booming market for gold, MMFSL has introduced loans against gold for obtaining emergency money in case of personal or professional crisis.

What makes them India s top financial institution is that their loans are simple and quick. Usually, Auto Loans require a lot of paper work but at Mahindra Finance the process of documentation is relatively easy. With over 400 branches, they reach out to people in every part of India. MMFSL provides personalized repayment options to its 10, 00,000 customers nation wide.

MMFSL also encompasses Personal Loan, Fixed Deposit, Mutual Fund along with Mahindra Insurance Brokers Limited (MIBL) and Mahindra Rural Housing Finance Limited (MRHFL) as subsidiaries. With Personal Loans, you can obtain loans for your child s education, for medical expenses, etc. at competitive interest rates and lower processing fees. While MMFSL Fixed Deposit ensures security and growth of your financial savings with minimum risks involved. Also, the Mutual Fund service of Mahindra Finance offers customized investment options to suit your needs.

Being one of the top financial institutions in India, Mahindra Finance does not overlook its social responsibility. They take active participation in the development of fields like education, health, environment, etc. Through the years, MMFSL has made valuable contributions through its projects like Employee Social Options (ESOPs), Mahindra Hariyali, Nanhi Kali, and Lifeline Express.

Thus MMFSL has added another level to corporate social responsibility. They have empowered the under privileged rural sector to rise and grow. MMFSL has provided employment to more than 6200 people thereby contributing to the nation s economy. Being one of the top financial institutions in India, Mahindra Finance is renowned for its business ethics and thorough understanding of the needs and requirements of their customers. They have done pioneering work in the upliftment of rural and semi-urban India thereby making it one of the top financial institutions of rural India.

Mahindra finance is one of the

top financial institutions

in the rural banking sector of India providing personalised finance for the widest range of utility vehicles, tractors and cars, focusing on the

rural

and semi-urban sector.

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