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Surname Surname
Sex F M Sex F M
Date of Birth: (dd/mm/yyyy) Age (in Yrs) (dd/mm/yyyy) Age (in Yrs)
Mr. Mr.
Father’s Name:
State State
E- Mail Id:
Constitution: Proprietorship Partnership Private Ltd. Public Ltd. Self employed profession
Name of Business:
Ext. Ext.
Office Phone No.:
Type of Profession: Retailer Trader Manufacturer Service Any Other (Please specify)
1.
2.
Loan Details
Loan amount sought : Invoice Price
Payment method (Please select the mode of repayment convenient to you PDC ECS CASH DD
(M) (M)
E- Mail Id E- Mail Id
(M) (M)
E- Mail Id E- Mail Id
Declaration
I / We declare that all the particulars and information given in the application form are true, complete and updated in all respect and I / We have not withheld any information
and that they shall form the basis of any loan on Mahindra & Mahindra Financial Services Limited (MMFSL) may decide to grant me / us. I / We confirm that there are no
insolvency proceedings against me / us nor have I / we ever been adjudicated insolvent. I / We understand that the sanction of this loan is at the discretion of MMFSL and
subject to my / our executing necessary security documentation as per MMFSL‘s requirement and to its satisfaction. I / We understand and agree that the processing fees and
documentation charges are non refundable and my / our application being rejected by the company or any reasons whatsoever, or the same being withdrawn by me. I / We
shall not be entitled for refund of the same either in part of in full. I / We also undertake to inform MMFSL regarding changes in my / our occupation / employment and to
provide any further information that MMFSL may require. I / We further agree that my / our loan shall be governed by the terms and conditions of MMFSL that are in force
may be amended by the institution from time to time. I / We further agree that the company at its sole discretion may reject my application without providing any reasons and
that I / We reserve no right to appeal against this decision of the institution. I / We confirm having read the terms and conditions governing the loans from MMFSL that loan
shall be used for the stated purpose and will not be used for speculative purpose and antisocial purpose. I / We further certify that I / We am / are resident(s) in India. I / We
hereby undertake to inform you of any changes in the residential / business address as and when such change occurs. I / We agree that MMFSL may either by itself or through
its contractors of agencies obtain additional from me / us and verify the correctness of any information furnished by me / us and also authorize the institution to release such
information or any other information in its records for the purpose of credit appraisal / sharing or for any other purpose. I / We agree that MMFSL may disclose any information
relating to me / us including my default any information relating to me / us including my / our account status and my default committed by me / us to any person or entity for
any reason or purpose whatever (including for the purpose of credit approval sharing ). I / We request the institution to credit / pay the loan amount to the dealer / seller on
my / our behalf. I / We / are aware that the institution is not responsible for the delivery quality of assets. Further, I / We have read, understood, acknowledge and agree that
a request and demand from any authority under the statutory law will be mandatorily complied with by MMFSL.
I hereby authorize MMFSL to call on my contact number with reference to their promotional schemes, products, services etc. even if I registered myself to DND (Do Not
Disturb) facility
I hereby confirm that all charges and terms & conditions pertaining to loan are explained to me in my preferred language.
Place: Place:
/ Date: / /
Date: /
Date of application:
In case you don’t hear form us within next 10 working days, the application is deemed to be rejected.
Kindly Note:
That the receipt of your application form for the loan does not guarantee the automatic approval of your loan by MMFSL
MMFSL will decide the quantum of the loan at its sole discretion.
MMFSL reserves the right to reject any application without assigning any reasons.
MMFSL may request for additional documents other than those collected with the application.
MMFSL reserves the right to retain the photograph and documents submitted along with the application form and shall not return the same to applicant / co-applicant
MMFSL shall not be liable for loss or delay in receipt of documents
Incomplete / defective application will not be processed and MMFSL shall not be responsible in any manner for the resulting delay or otherwise
All post dated cheques are to be issued favoring Mahindra & Mahindra Financial Services Ltd. only
The rate of interest are subject to changes as the situation warrants and are subject to the discretion of the management on a case basis.
The decision to give a loan and the interest rate applicable to each loan account is assessed on a case basis, based on multiple parameters such as the type of
the asset being financed, borrowed profile and repayment capacity, borrower’s other financial commitments, past repayment track record if any, the security for the
loans as represented by the underlying assets, loan value ratio, mode of payment,tenure of the loan,geography(location) of the borrower,end use of the asset
etc. Such information is collated based on borrower inputs and inspection by the company officials.
Regd. Office: Gateway Building, Apollo Bunder, Mumbai 400 001 India
Tel: +91 22 2202 1031 | Fax: +91 22 2287 5485 | www.mahindrafinance.com
CIN: L65921MH1991PLC059642