Mahindra Finance launches ‘Used Car Digi Loans’ in partnership with Car&Bike and Rupyy


Mumbai : Mahindra & Mahindra Financial Services Limited, (MMFSL),  on Friday launched a specialized end-to-end digital journey named ‘Used Car  Digi Loans’. This offering has been launched in association with Car&Bike (by Mahindra First Choice Wheels) & Rupyy (by Cardekho), the leading brands in the used car industry.

With the help of this new integrated journey, customers will be able to get customized loan offers from Mahindra Finance, enabling them to take faster buying decisions. The integrated system will be able to seamlessly initiate the loan application procedure with Mahindra Finance thus making the process quick and convenient for the customer. ‘Used car Digi loans’ has the capability of successfully disbursing loans within few hours with the help of specialized underwriting & processing teams, equipped with 15 state-of-the-art fintech tools. Partners will have a real-time visibility of the application status and sanctioned loan offer allowing them to delight their customers with swift vehicle delivery.

“Mahindra Finance has been at the forefront of innovative product offerings and this venture is another step in that direction. Our partnership with Car&Bike and Rupyy will enable us to leverage on market strengths to create a digitally empowered platform. This integration will ensure a seamless and transparent journey for all stakeholders enhancing customer delight” Ramesh Iyer, Vice Chairman & Managing Director, Mahindra Finance said.

“We are pleased to start a new chapter in our ongoing relationship with Mahindra Finance. The new digitized journey will ensure an agile turnaround time thus enabling us to serve our customers better and further benefit our network partners” Ashutosh Pandey, MD & CEO Mahindra First Choice Wheels mentioned.

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