Mahindra Finance Business Loan

Mahindra Finance Business Loan is a prime financial support to help cover all your business expenses, add investments through inventories and upscale operations. Mahindra Finance offers various loan options with competitive interest rates ranging from 7.2% p.a. to 22% p.a.

Mahindra business loan offers loan amounts between ₹1 lakh to ₹25 lakh at flexible repayment terms of 12 to 48 months. Whether you take Business Instalment Loans for expansion or Machinery Term Loans for equipment upgrades, Mahindra Finance provides flexible loan amounts and transparent charges to help you meet end-to-end business goals.

Loan Amount ₹1 lakh to ₹25 lakhs
Interest Rate 7.2% - 22.00% p.a.
Tenure 12 - 48 months
Note- The interest rates are dynamic and subject to change based on your creditworthiness and prevailing market rates. Please check the official website for more accurate information.

Mahindra Finance Business Loan Interest Rate

The Mahindra Finance business loan interest rates offered are competitive, giving entrepreneurs the opportunity to realise their growth potential. With competitive rates, the Mahindra business loans are an affordable way to fund your business expansion, working capital needs or others to ensure cash flow and continuity of business operations. The interest rates for Mahindra Finance business loans are:

Business Loan Types Interest Rates (p.a)
Business Instalment Loan 12.00% - 22.00%
Machinery Term Loan 7.2% - 16.00%
Supply Chain Finance (Buyer’s discount and Purchase order) 7.7% - 14.5%
Corporate 8.6% - 14.0%
Note- The interest rates are dynamic and subject to change based on your creditworthiness and prevailing market rates. Please check the official website for more accurate information.

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Business Loan Calculator

Accurately know your EMI amount with the help of the business loan EMI calculator. Calculating your EMI can help you plan your finances for your business to ensure your repayment capabilities and help you understand the impact of different loan options on your finances.

To get an accurate estimate of your EMI amount, simply enter your loan amount, interest rate and repayment tenure.

Monthly EMI 86
Principal Amount 1,000
Total Interest 32
Total Amount 1,032.00

Year Month Principal (A) Interest (B) EMI (A+B) Balance Loan Paid to Date (%)

Types of Business Loan by Mahindra Finance

Mahindra Finance offers a wide range of business loans that will meet the diverse financial requirements of entrepreneurs. Whether it's working capital to maintain the day-to-day operations, term loans for expansion initiatives, or machinery financing to upgrade your equipment, Mahindra Finance business loans will help businesses across different sectors. Here are the different types of business loans offered by Mahindra Finance:

  • Business Instalment Loan: A Business Instalment Loan by Mahindra Finance is a type of financing that businesses can take for various purposes such as expansion, purchasing equipment, or meeting working capital needs. Unlike traditional term loans where the entire amount is disbursed upfront, business instalment loans allow entrepreneurs to access funds in instalments as per their requirements. This flexibility enables businesses to manage their cash flow effectively and use the funds when needed. Making them an attractive option for businesses looking for financial support.
  • Machinery Term Loan: A Machinery Term Loan is a type of loan specifically designed to fund the purchase of machinery and equipment for businesses. You can purchase an extensive range of machinery while enjoying high Loan-to-Value (LTV) ratios of up to 80%. The loan requires minimal documentation and straightforward eligibility criteria, ensuring quick and convenient access to the funds you need. The machinery term loan offers flexible EMI repayments of 12 to 60 months, along with competitive interest rates between 7.2% to 16% p.a.
  • Supply Chain Finance: Mahindra Finance business loan also offers Supply Chain Finance as a financial solution that optimises cash flow for businesses involved in the supply chain process. It helps companies provide payment terms to suppliers and offer early payment options for suppliers who need immediate funds. This arrangement benefits all parties involved by improving working capital management, reducing financing costs, and enhancing overall efficiency in the supply chain.
  • Corporate Finance: Mahindra Finance Corporate Finance loan is a financial service offered to meet the unique financial needs of corporations and businesses. It includes a range of financial solutions such as working capital finance, project finance, corporate loans, and other financial products designed to support the growth and expansion of businesses. These services provide corporations with the necessary funding to meet their operational and strategic requirements, which will bring about their growth and success in the market.

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Mahindra Business Loan Charges

Mahindra Finance charges certain fees to cover the cost of lending and processing business loans in India. These charges protect the lender against any potential losses and ensure that they can continue their service to borrowers. The charges by Mahindra Finance are given in the table below:

  • Business Instalment Loan (BIL)
  • Machinery Term Loan (MTL)
  • Supply Chain Finance (SCF)
  • Working Capital (WC) & Other Products
Fees & Charges BIL MTL SCH WC & Other BE Products
Processing Fees Up to 2% + GST Up to 2% + GST Up to 2% + GST Up to 2% + GST
Handling Charges - - Up to ₹1,500 +GST per batch -
Renewal Processing Fee - - Up to 2% + GST Up to 2% + GST
Registrar of Companies filing charges (wherever applicable) - ₹ 1,200+ Applicable GST - ₹ 1,200+ Applicable GST
Repayment Instruction ₹500 + GST ₹500 + GST ₹500 + GST ₹500 + GST

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Note- The rates are dynamic and subject to change based on your creditworthiness and prevailing market rates. Please check the official website for more accurate information.

Mahindra Finance Business Loan Documents

The Mahindra Finance business loan documents required are:

  • KYC documents: Resident proof and Identity proof.
  • Business Proof: Business incorporation certificate, profit and loss account, income tax return, etc.
  • Financial Proof: 12 months bank statement.

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Features & Benefits of Mahindra Finance Business Loan

Mahindra Finance business loans gives you many features and benefits that make it an attractive option to avail a loan, these are:

Various Loan Types

Mahindra Finance business
loans offers four different
types of loans.

Flexible Loan Amounts

Get loan amounts
between ₹1 lakh to ₹25

Low Interest Rates

Enjoy low interest
rates ranging between
7.2% to 22% p.a.

Minimal Documents

Get a business loan
without providing many

Flexible Repayment

Enjoy a long range of
repayment term ranging
between 12 - 60 months.

Quick Disbursal

Mahindra Finance offer
swift processing of loans.

Steps to Apply for Mahindra Business Loan with Buddy Loan

A Mahindra business loan can now be easily applied through Buddy Loan, follow the simple steps given below to get the funds for your business requirements:

Step 1: Visit or Download & install the Buddy Loan app (Android or iOS).

Step 2: Open the business loan application page. Enter your mobile number and OTP.

Step 3: Specify the desired loan amount and email. Next, choose the Business Loan option.

Step 4: Choose if you have a Business Proof (Yes/ No)

  • If ‘Yes’ (If you have a business proof), enter your business and personal details.
  • If ‘No’ (If you do not have a business proof), choose the profession type and enter your personal details.

Step 5: Provide income details and Click the ‘Submit’ button.

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Frequently Asked Questions

The Mahindra Finance business loan interest rate ranges from 7.2% to 22% p.a.

You can get a minimum business loan amount of ₹1 lakh from Mahindra Finance.

The maximum business loan amount offered by Mahindra Finance is ₹25 lakhs.

The best business loan depends on factors like interest rates, repayment terms, eligibility criteria, and your specific business needs and circumstances.

To get a business loan from Mahindra Finance you will need to have a credit score of 700 above.

Yes, you can get a ₹3 lakh loan from Mahindra Finance if you are eligible for the loan.

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