Mahindra & Mahindra Financial Services Ltd. (MMFSL), in association with Car&Bike & Rupyy, has unveiled ‘Used Car Digi Loans’ to provide customised loans for buying used cars.
“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 company said in a statement.
Ramesh Iyer, vice chairman and managing director, Mahindra Finance said, “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.”
