Mahindra Finance partners with Car&Bike and Rupyy to launch Used Car Digi Loans

Mahindra & Mahindra Financial Services Limited (MMFSL or Mahindra Finance) has launched ‘Used Car Digi Loans’, a specialized end-to-end digital journey, in partnership with Mahindra First Choice Wheels’ Car&Bike and CarDekho’s Rupyy.

According to the Mahindra Group company, the new integrated journey will enable users to obtain loan deals tailored to their needs through Mahindra Finance, thereby helping in faster purchasing choices.

The integrated system will effortlessly start the loan application process together with Mahindra Finance, thus making the process easy and quick for the borrower.

Mahindra & Mahindra Financial Services said that the new Used Car Digi Loans can make loans available in a matter of hours thanks to special underwriting and processing teams that are outfitted with the latest technology in the financial sector, including 15 tools.

Mahindra Finance partners with Car&Bike and Rupyy to launch Used Car Digi Loans. Photo courtesy of Ask27/Wikimedia Commons.

Partners will have a live view of the status of their application and loan sanctioned offer, which allows them to impress their customers with speedy vehicle delivery, claimed the Indian non-banking finance company.

Ramesh Iyer — Mahindra Finance Vice Chairman and Managing Director said: “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.”