Mahindra & Mahindra Financial Services Ltd. (MMFSL), in affiliation with Car&Bike & Rupyy, has unveiled ‘Used Car Digi Loans’ to supply customised loans for shopping for used automobiles.
“The integrated system will be able to seamlessly initiate the loan application procedure with Mahindra Finance thus making the process quick and convenient for the customer. ‘Used car Digi loans’ has the capability of successfully disbursing loans within few hours with the help of specialised underwriting & processing teams, equipped with 15 fintech tools,” the corporate stated in an announcement.
Ramesh Iyer, vice chairman and managing director, Mahindra Finance stated, “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.”
