Home Press Release Mahindra Extends Attractive Finance Schemes for Pik Up Range Customers for the Festive Season

Mahindra Extends Attractive Finance Schemes for Pik Up Range Customers for the Festive Season

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Mahindra Extends Attractive Finance Schemes for Pik Up Range Customers for the Festive Season
  • Up to Seven Years Loan Tenure: Lower EMIs for enhanced affordability
  • Best in the Industry Interest Rate: Rates starting from 11.50%
  • Affordable EMI Availability: Experience the Mahindra City Pik Up at a low EMI starting from INR 12,999/- & INR 15,555/- for Mahindra HD Pik Up
  • On-Road Funding: Up to 100% On-Road Funding available
  • Quarterly / Structured / Moratorium EMI options for Agricultural Customers: Offering enhanced flexibility & better cash management

National, September 08, 2023: Mahindra & Mahindra (M&M), the makers of Bolero Pik Up – the No.1 pickup brand in India – announces a series of attractive finance schemes for the Mahindra Pik Up range this festive season. These exciting finance offers are designed to make the purchase of the Mahindra Pik Up vehicles more accessible and appealing to a wider range of customers.

Mahindra is offering a seven-year finance option for the Pik Up range, which is set to significantly reduce the Equated Monthly Installment (EMI) and enhance affordability. This extended tenure enables customers to benefit from lower EMIs, offering increased convenience and easing the vehicle ownership process.

In collaboration with its Finance partners, Mahindra has worked out very attractive interest rates starting from 11.50%, thereby offering lower interest component outflow. Customers can now obtain a MaXX Pik Up City with a low EMI of just INR 12,999/-& MaXX Pik Up HD at starting EMI of INR 15,555/- making it an appealing and viable option that doesn’t put a strain on their monthly budgets. 

Mahindra has also announced a 100% on-road funding scheme*, which includes insurance and road tax, thus simplifying the ownership process for customers. 

For our agricultural customers, we have devised a special scheme that offers a moratorium for the first two months or a structured scheme with two smaller EMIs in the initial months, followed by regular EMIs from the third month onwards. This customized financing scheme takes into account the seasonal nature of agricultural income, ensuring flexibility and convenience for farmers and agricultural workers.

Mahindra is offering bouquet of Finance Offers for various set of customers ranging from First Time Users (FTU), Market Load Operators (MLO), Captive customers & Fleet owners up to loan tenure of 84 Months and 100% On-Road Funding.

These exciting financial schemes are available for a limited period and can be availed at authorized Mahindra dealerships across India. Customers are invited to visit their nearest dealership and explore these financing options to make their dream of owning a Mahindra Pik Up a reality.

About Mahindra

Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality, and real estate.  

The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise. 

Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room.

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