Overview
Revenue
$10+ billion (USD) per year
Headquarters
Asia-Pacific (APAC)
Category
Empowering potential. Transforming lives.
Mahindra & Mahindra Financial Services Limited (Mahindra Finance), part of the Mahindra Group, is one of India’s leading non-banking finance companies. Focused on the rural and semi-urban sector, the Company has over 6.1 Million customers and has an AUM ofover USD 9.7Billion. The Company is a leading vehicle and tractor financier and also offers fixed deposits and loans to SMEs. The Company hasover1,300MMFSL offices and reachesout to customers spread over 3,60,000 villages and7,000 towns across the country. Mahindra Finance is the only Non-Banking FinanceCompany from India to be listed on the Dow Jones Sustainability Index in the Emerging Market Category. Mahindra Finance has been ranked 14th on the list of India’s Best Companies to work for - 2018, by Great Place to Work® Institute. The Company has alsobeen recognized among the Best BFSI Brands 2018 by The Economic Times and Retail NBFC of the Year 2018 by Outlook Money Awards. The Company's Insurance Broking subsidiary, Mahindra Insurance Brokers Limited (MIBL), is a licensed Composite Broker providing Direct and Reinsurance broking services. Mahindra Rural Housing Finance Limited (MRHFL) a subsidiary of Mahindra Finance provides loans for purchase, renovation, construction of houses to individuals in the rural and semi-urban areas of the country. Mahindra Asset Management Company Private Limited (MAMCPL), a wholly-owned subsidiary of Mahindra Finance, acts asthe Investment Manager of Mahindra Mutual Fund. The Company has a JV in US, Mahindra Finance USALLC, in partnership with De Lage Landen, a subsidiary of Rabo Bank, for financing Mahindra tractors in US. Mahindra Finance focuses on the rural and semi-urban sectors and provides finance for the purchase of utility vehicles, tractors, and cars.
