CREDIT RATING
AAA
CASH FLOW
YOUR INVESTMENT
₹2,01,579.60
INTEREST EARNED
₹49,931.51
Disclaimer: The actual number can vary slightly based on actual Interest Payment date
SECURITY
This bond is SECURED
SENIORITY
In case of default, the bond holders will be considered ‘Senior’ for payment
LISTED
It got listed on exchange on Apr 25, 2023
About Issuer
Mahindra & Mahindra Financial Services Limited
INDUSTRY
NBFC Retail
YEAR FOUNDED
1991
HEAD OFFICE
Mumbai
TYPE OF ISSUER
Corporate
BUSINESS SECTOR
N/A
CURRENT MD/CEO
C B Bhave
OWNERSHIP
N/A
Issuer Highlights
- Mahindra Finance began as a captive financier of Mahindra Utility Vehicles in the early 90s. From Mahindra UVs to tractors to non-Mahindra products, the company has diversified into a financial services provider with a whole suite of financial solutions tailored to the under-served customer in under-penetrated rural markets
- Their portfolio consists of vehicle finance, which includes financing of passenger vehicles, utility vehicles, tractors, commercial vehicles, construction equipment; and pre-owned vehicles and SME finance, which includes project finance, equipment finance, working capital finance and bill discounting services to SMEs
- The company also undertakes mutual fund distribution, fixed deposits and personal loans tailor-made to suit its unique customer set
- With over 33,000 employees, Mahindra Finance has a presence in every state in India and a footprint in 85% of its districts. It has a network of over network 1300 offices, serving customers in more than 3,70,000 villages
- The company has assets under management (AUM) of over ₹81,000 crores