Sponsors

MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED ("MMFSL")

MMFSL is a subsidiary of Mahindra and Mahindra Limited, one of India’s leading tractor and utility vehicle manufacturers. MMFSL is one of India’s leading non-banking finance companies focused in the rural and semi-urban sector and is primarily in the business of financing purchase of new and pre-owned auto and utility vehicles, tractors, cars, commercial vehicles, construction equipments and SME financing.

MMFSL has 1172 offices covering 26 states and 3 union territories in India, with over 4.25 million customer contracts since inception, as of June, 2016

51.20%
85% 87.5% 49% 100%
100%
Mahindra Insurance Brokers Limited (MIBL) Mahindra Rural Housing Finance Limited (MRHFL) Mahindra Finance USA LLC (joint venture with Rabobank group subsidiary) Mahindra Asset Management Company Pvt. Ltd (MAMCPL) Mahindra Trustee Company Pvt. Ltd (MTCPL)

Vision

To be a leading provider of financial services in the rural and semi-urban areas of India.

Mission

To transform rural lives and drive positive change in the communities.

History

The history of Mahindra Finance has been one of continuous ascent where our effort to empower our customers has been a constant element. A strong set of values, an evolved lineage and a group of highly motivated individuals is what we started with.

What followed was a series of events that helped us grow from strength to strength. And two decades that witnessed many dreams across the nation see the light of day. Come, walk with us through the journey of time and take a glimpse of how Mahindra Finance grew with all those who believed in it.

Milestones

Long term debt upgraded AAA by India Ratings and BrickworkCARE Ratings assigned AAA rating to long team debt Reach extended over 1100 office

Crossed 3 million cumulative custmer contracts

Stake sale in MIBL to Inclusion Resources Pvt.Ltd. QIP issue Of Rs. 8.67 Bn

Maiden QIP issue Of Rs.4.26 Bn JV with Rabobank subsidiary for tractor financing in USA

Received 12.5% equity participation from NHB for MRHFL Recommenced Fixed Deposit Program

Commenced housing finance business through MRHFL Raised Rs.4.14 Bn through Private Equity

Reach extended to over 400 offices

Completed IPO, subscribed nearly 27 times