Mahindra Finance partnered with India Post Payments Bank to Boost Credit Access

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Mahindra and Mahindra Financial Services Ltd announced a strategic partnership with India Post Payments Bank to enhance credit access to a larger customer base.Mahindra and Mahindra Financial Services Ltd announced a strategic partnership with India Post Payments Bank to enhance credit access to a larger customer base. India Post Payments Bank will provide lead referral services to Mahindra Finance for Passenger vehicles, three-wheelers, tractors, and commercial vehicle loan categories and provide cash EMI deposit facilities to existing Mahindra Finance Customers at the post office.

  • The scheme will go live in India Post Payments Bank branches in the states of Maharashtra and Madhya Pradesh.
  • The payments Bank will also be able to expand its financial product portfolio within the payment Bank licensing framework.
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