Mahindra Finance business loans
Mahindra Finance is on Recur Club's lender panel, writing loan against property, machinery loan, operating lease and 3 other products. Observed tickets run ₹4 cr to ₹4 cr, priced between 12% and 12%. Median turnaround from application to disbursal is about 104 days.
- ✓Tickets from ₹4 Cr – ₹4 Cr across 7 products
- ✓Indicative pricing 12% – 12%, as quoted on live transactions
- ✓We check your fit against every lender on the panel, not just this one
2 lenders under one brand
They share a screening philosophy but not a book. Which one your file goes to depends on what you are borrowing against.
Mahindra & Mahindra Financial Services Limited
- Borrower: CIBIL ≥650
- Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana, Puducherry, Lakshadweep, Goa, Gujarat, Maharashtra, Madhya Pradesh, Dadra and Nagar Haveli and Daman and Diu
- Financials: TOL/adjusted tangible net worth ≤5
- debt/EBITDA ≤4
- debt/networth ≤4
- DSCR ≥1
9 more ▾ ▴
- Deal: ticket ₹5–50cr
- tenure 12–36mo
- Security (observed): Personal Guarantee Of Promoters/Directors (100%)
- 1st charge on immovable assets (100%)
- median ticket ₹15cr
- median rate 13.2%
- median turnaround —
- Security asked in : Escrow Of Cashflows (×2), Personal Guarantee Of Promoters/Directors (×2), 1st/pari-passu charge on current assets (×2), Commercial/Office Property/Factory Building - Exclusive First Charge (×2)
- Security asked in : Personal Guarantee Of Promoters/Directors (×1), 1st charge on immovable assets (×1)
Mahindra Finance
- Borrower: CIBIL ≥650
- age ≥2y
- avoid: Tobacco Products
- Financials: rev ≥₹25cr
- TOL/adjusted tangible net worth ≤5
- debt/EBITDA ≤4
9 more ▾ ▴
- debt/networth ≤4
- DSCR ≥1
- Security (observed): Personal Guarantee Of Promoters / Directors / Property Owner (100%)
- 1st charge on P&M (67%)
- Security asked in : Personal Guarantee Of Promoters/Directors (×2), 1st charge on immovable assets (×2), Immovable Fixed Assets - Pari Passu First Charge (×1), 1st/pari-passu charge on current assets (×1)
- Security asked in 2026: Personal Guarantee Of Promoters / Directors / Property Owner (×3), 1st charge on P&M (×2), 1st charge on immovable assets (×1)
- share → in-principle approval (initial interest): ≈29d
- in-principle approval → sanction (underwriting): ≈15d
- sanction → disburse (closing): ≈60d
What Mahindra Finance lends, and on what terms
What has actually been offered on live transactions, not brochure numbers. Treat them as the band you are likely to be quoted inside, not a promise. Open a row for that product's credit box.
| Product | Ticket | Pricing | Tenure | Arm |
|---|---|---|---|---|
Machinery Loan▾Turnaround ~104d Rejects
Wins
11 more ▾ ▴
Behaviour & gates
| ₹4 cr | 12% | 48 mo | Mahindra Finance |
Also offered, with no terms observed yet: Loan Against Property, Operating Lease, Overdraft / Cash Credit, Secured Term Loan, Working Capital Demand Loan.
What a sanction from Mahindra Finance actually looks like
Reconstructed from real sanction letters. Small samples, so read them as observed rather than as a rule.
Specimen sanction
Representative of the median file. Your actual terms will move with rating, security cover and relationship.
How often each clause appears
Share of the 18 sanction letters carrying the clause.
What they will ask you to pledge
Counted across the sanction letters read. A combination is normal, and most files carry more than one.
Mahindra & Mahindra Financial Services Limited
- Post-Dated Cheques5 letters
- Machinery/Equipment3 letters
- Machinery / Plant & Equipment2 letters
- Cash Security Deposit2 letters
- Immovable Property (Equitable Mortgage)1 letters
- Machinery - EOT Crane1 letters
- Post-Dated Cheques ×5, Machinery/Equipment ×3, Machinery / Plant & Equipment ×2, Cash Security Deposit ×2, Immovable Property (Equitable Mortgage) ×1, Machinery - EOT Crane ×1
What borrowers ask about Mahindra Finance
- What does Mahindra Finance lend?
- Mahindra Finance writes loan against property, machinery loan, operating lease, overdraft / cash credit, secured term loan, working capital demand loan. Across those, observed facilities run ₹4 cr to ₹4 cr.
- What ticket size does Mahindra Finance offer?
- Facilities observed on live transactions run from ₹4 cr to ₹4 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for.
- What rate does Mahindra Finance charge?
- Rates observed on live transactions fall between 12% and 12% a year. Tenures run 48 to 48 months. These are observed figures, not a quote, and the rate you are offered depends on your file.
- How long does Mahindra Finance take to disburse?
- About 104 days from application to disbursal at the median, where the file is complete. Missing financials, unresolved security or a pending no-objection from an existing lender are what usually stretch it.
- What are Mahindra Finance's eligibility criteria?
- The first screen is the bureau: a borrower CIBIL of at least 650. Revenue, leverage and debt-service thresholds apply on top and vary by product. The full credit box for each product is set out on this page.
Next steps after Mahindra Finance
Answer a short set of questions and see which lenders on the panel your file clears, on each one's own recorded criteria.
Search the panel by name, product or ticket size, and compare credit boxes side by side.
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See whether Mahindra Finance is the right lender for you
A few questions. Recur Market scores you against Mahindra Finance and the rest of the panel, on each lender's own recorded criteria.
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Lender intelligence dossier - screening gates, per-product terms and sanction observations, derived from lender policy documents and observed transactions. Figures are observed from a sample and are not an offer, a commitment, or a statement of Mahindra Finance's current policy. Terms are set by the lender at the time of sanction.