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Mahindra Finance Complaints & Reviews

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Updated: Jan 16, 2025
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Mahindra Finance reviews & complaints(624)

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R
Rwkrankwal
Jan 16, 2025
Jan 16, 2025
This thread was updated on Jan 16, 2025
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Over charging

Hi sir I Rakesh SO Bahadur Singh.
I have taken care loan from mahindra finance with loan number 10316750.
Loan agreement date 26 sept 2024 .
First EMI was on 10 oct 2024 which paid by bank transfer digital mode as auto mandate was rejected.
In November month EMI paid (twice) by bank transfer and also deducted by local cheque presented by Mahindra finance team.
For which contacted nearby office where they...
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jk1993
from Bhiwadi, Rajasthan
Apr 17, 2024
Apr 26, 2024
This thread was updated on Apr 26, 2024
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Vehicle related loan closer

Address: BHIWADI DIST ALWAR RAJASTHAN

Dear Sir,
This side Jitendra Kumar S/o Sh. Swami Nath i have purchase car Hyundai Xcent from Mahindra & Mahindra finance in 2018. it's loan number -5396944
i have co-applicant of this loan. Due to the arrival of Covid in 2019, there was a lockdown in India due to which I could not get the installation pay timely of the car. But gradually I paid all the installments of the car but some penalty was left. I got a discount offer...
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D
Digvijay 2016
from Patna, Bihar
Oct 4, 2023
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Regarding NOC of my bolero glx and rectification of CIBIL

Address: Mahindra & Mahindra Financial Services Limited, Gateway Building, Apollo Bunder, Mumbai. PIN 400001

Dear Sir/Madam

Hope you are doing well.

This is with regards to my NOC for Vehicle BRO1AP 5789– BOLERO GLX
Loan No: 533444.
Engine no. K65562
Chassis no. K46527

Requesting you to provide an NOC letter for the above and modification of CIBIL immediately.

Tried contacting you over Local Office and requested the same.
However didn't received any reply.br...
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A
Anil Kumar Burh
Sep 29, 2023
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Address: Maheshdihi Sundargarh Odisha

Anil kumar Burh
Maheshdihi
Sundargarh
Odisha
Mob : [protected]
[protected]

I wish to complain about my recent purchase Bajaj Maxima Cargo XL Financed through Mahindra Finance and registered with the name Mr Anil Kumar Burh and Mr. John Soy on 15th September 2023. I am complaining because the service provided by the finance agent dissatisfied me. When I contacted Mahindra Finance, Rourkela, Sundargarh and the concerned person Mr Ashok Mahakud Mob.[protected] he did not clear the context. If the vehicle on road price is Rs.3, 65531/- additional showroom discount Rs. 3, 62, 531/- out of which I made a down payment of Rs. 60, 000/- how come the loan amount became Rs.3, 20, 000/- and he charged Rs.12, 000/- as processing fees for each vehicle which was not mentioned earlier by the financer. Whereas the loan amount should be around Rs.3, 02, 531/- and the processing fees should be minimal. Due to such finance agent, it seems like companies are making fools to their customers. And I believe the response I got from Mr Ashok Mahakud was unfair and I would like a clear written explanation and an official receipt provided by the financer.
I look forward to hearing from you as soon as possible to resolve this problem. If I do not get any positive response then I will take a legal action against Mahindra Finance and to the Concern person as well.
Mahindra Finance customer support has been notified about the posted complaint.
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    P
    ParthaPB
    from Lakhimpur, Uttar Pradesh
    Aug 19, 2023
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    Address: Lakhimpur Assam

    I withdraw my guarntee given to the vehicle loan AS07P8114 .Recently this owner has defaulted and cheated many loans.Hence i withdraw my guarntee forthwith.Pl take necessary action deemed fit to recover your laon or the vehicle.
    Mahindra Finance customer support has been notified about the posted complaint.
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      G
      GuruprasadGeddam
      Aug 15, 2023
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      Harassment By Mahindra Tractor Finance Agent

      Address: Naidupeta Branch, Nellore District, Andhra Pradesh.

      Dear Team,

      This is Guru Prasad s/o Gopal, Customer ID- [protected] Contract No- 7803909. We have loan on Mahindra Finance, We were paying due amount within a month from 2 years onwards.

      Actually due date is August 15th 2023, I requested to agent to give 15 days time to pay the due amount. He was not ready to given timeline rather then he spoken ## Rudely and Harassing ## If am not paying today itself he will...
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      R
      Rakeshnaha roy
      from Jabalpur, Madhya Pradesh
      Jul 6, 2023
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      Address: Jabalpur

      Being at L7M grade
      Was cheated jointly by CH and DM and was forced to resign from the company.
      Inspire of just being transferred to Jabalpur location for sx month only .
      My appraisal of[protected] was planned in such a way that without discussing with me even given 4 rating by my superior.
      Planned by CH in such a way that given 1 rating.
      Being a performer throughout was intensively given rating of 1 and continuously tortured by CH to resign.
      I have given appraisal rating to my subordinate with proper discussing with them and with proper format set by the company.

      I was so much in depression after submitting my resignation that to forced to do so.
      Has inform HR too.

      Bu in vein.

      My SAP code 24003728.

      Please escalate as I use to resolve complains with sincerity.

      Justice expected with within.

      Regards
      Mahindra Finance customer support has been notified about the posted complaint.
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        S
        Sarala j
        from Madanapalle, Andhra Pradesh
        Jun 21, 2023
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        Address: Madanapalle, chittoor district, Chittoor, Andhra Pradesh

        We have received a home loan with Ma hendra and we paid principal amount along with 50% interest for 2 years. Now we are requesting to close the account but Mahendra employees are very rude and too much pressure they are giving. As we are farmers, the installments may not be aware exactly and for that they are imposing huge interest rate along with penalties. Kindly take an action and provide the solution for next process.
        Mahindra Finance customer support has been notified about the posted complaint.
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          A
          May 26, 2023
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          Sir my car has been tried. Without giving information to me without giving letter while I am depositing installment every month. Still this vehicle Deepak Mr. Deepak Singh who belongs to Mahindra Finance. In Ranchi branch. When we request them, they say that they have mentally tortured me a lot . So sir inpressure we or my commit sucide. 8month ago my vech NL01AD1980 is accident. No part r available of mahindra vech on 17 jan 2023 my vech complete. In between deepak singh or promod singh approch me har month u pay emi when ever ur condition is not good. Continues we pay month to month emi paid. Even then my vech. is being held and tortured that you should pay. Sure people had said that you keep paying your EMI every month and your car will never be held. Still see sir today it is on hold.we have no option we commit suciede Deepak Singh and Pramod Singh will be responsible for my suicide who have mentally demoralized me. I am commenting suicide with my family.
          Mahindra Finance customer support has been notified about the posted complaint.
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            S
            Sidnhes5
            from Jamshedpur, Jharkhand
            May 15, 2023
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            To be removed as a guarantor

            I’ve become a car loan guarantor where the owner is failing to pay every emi on time. Therefore, he’s paying the amount but not on time which is affecting my cibil score. I want to be removed as a guarantor as soon as possible. Vehicle no.- Jh05DG7335 Maruti suzuki Swift...
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            U
            Udaysing11
            Apr 18, 2023
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            Address: Krishna colony near dominoz h.no 163 ward no 17
            Website: M

            Sir actually I have taken loan on my car in 2013 on HR 30 M 3411 . I have completed my loan time to time in 2017 before the end date. After clearing my loan I go to mahindra finance office branch palwal to take my loan clearance certificate (NOC). I paid 1000 rs for that but they didn't give me and then corona comes and after corona when I go again they are asking for 1000 rs more to take noc. They are saying you didn't collect it on time. But I was always on time I was never they didn't give me please help me sir how much time I have to pay 1000rs to get my NOC.
            Mahindra Finance customer support has been notified about the posted complaint.
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              C
              Chandan sidhu
              Feb 21, 2023
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              Address: ग्राम ताहिरपुर पोस्ट महेवागंज जिला लखीमपुर खीरी पिन कोड 261506
              Website: sssnews.in

              Dear sir,
              Company Mahindra finance online option Mahindra first choice sell UN registered tractor Swaraj 744 Fe but not provide legal documents for transfer and registered RTO office.so buyer late transfer and mentally torcher. Please provide legal transfer documents Mahindra finance company RTO form 36 number and recover buyer ecnomic damage. Thanks
              +3 photos
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                S
                sumeetonline
                from Mumbai, Maharashtra
                Feb 12, 2023
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                Address: Nashik

                I have an active loan from Mahindra finance loan account : 7519004
                For which I am paying regular EMI’s. Mahindra finance has not updated my loan account information in CBIL which is important for me.
                Mahindra Finance customer support has been notified about the posted complaint.
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                  Pujapranay
                  from Faridabad, Haryana
                  Jan 31, 2023
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                  Address: Faridabad branch

                  I'm not getting my NOC after one month.my all dues are cleared in the month of December 22nd 2022.

                  After raising complaint there is no reply .
                  Please do needful action against them.
                  Mahindra Finance customer support has been notified about the posted complaint.
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                    R
                    R.k000
                    from Samastipur, Bihar
                    Jan 18, 2023
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                    Address: Vill-Vishanpur ward No-05 Dist-samastipur

                    Financer Dwara E Rikssa Seez Karwa ker Mera Loan Samapt Kiya Jay
                    +1 photos
                    Jan 18, 2023
                    Complaint marked as Resolved 
                    Mahindra Finance - Financer Dwara E Rikssa Seez Karwa ker Mera Loan Samapt Kiya Jay BR33ER4606 Loan a/c 8380500 Compnny ke taraf se koi samadhan nahi hua hai
                    Mahindra Finance customer support has been notified about the posted complaint.
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                      S
                      Santy Yadav
                      Dec 11, 2022
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                      Vehicle loan online fraud

                      Address: Sadhna house, 1st floor, Behind Mahindra Tower,570, P.B. Marg, Worli, Mumbai-18

                      I would like to lodge a complaint. Sir on 09/12/2022 i called online no [protected] for inquiry regarding Vehicle loan, that person told us all regarding it and then asked for documents like PAN card, Aadhar no, Account details and cancelled cheque which is in general asked by the Financial institutions. So we provided him with all these things. After that he asked for processing fees of 12500 which we have paid online. After that he asked...
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                      Blessy Elizabeth Mathew
                      Dec 8, 2022
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                      Address: Ground floor, Thaiba Complex pazhayapalam Road near newbus stand irritty po iritty 670703

                      To know about interest rates in your Kannur branch and for other loan related queries.Your executive behaved very badly when we contacted you...+[protected]His phone number.. Name.. Nithin...
                      Mahindra Finance customer support has been notified about the posted complaint.
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                        Chandran nair c
                        from Ayoor, Kerala
                        Nov 28, 2022
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                        Address: NEDUMPARA PUTHEN VEEDU AMBALAMMUKKU ELAMADU P O

                        Loan account NO:15597
                        NAME:Chandran nair C
                        PH:[protected]

                        The loan amount was completely closed 4 months ago, but NOC not issued, please send NOC
                        Mahindra Finance customer support has been notified about the posted complaint.
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                          gkchamp
                          from Saharsa, Bihar
                          Nov 25, 2022
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                          Address: Saharsa Bihar

                          Respected Sir / Madam
                          I have cleared all dues against mahindra Finance Car loan agreement No. 2690722. I have not received my N.O.C since 2 months to go. So Kindly send My N.O.C . Please give Your Assistance on my email I.d - [protected]@gmail.com
                          Vehicle no- BR01BF6115
                          Sanjay Kumar Singh
                          Loan no-2690722
                          Mahindra Finance customer support has been notified about the posted complaint.
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                            ashutoshrewa
                            Nov 19, 2022
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                            Address: Shyam Complex,saman Rewa madhya pradesh pincode 486001

                            Sir I'm Ashutosh pandey. I'm a old customer of your finance company I have register a complain against an employee name Nripendra singh branch manager saman Rewa madhya pradesh pincode 486001 as he misbehave with me with no reason so i am closing my all connection from this bank if any strict action do not took up. this guy is very un professional and uses very wrong tone. the manager misbehave with me, date of 18.11.2022 i communicatie with this branch how i close the loin.
                            Mahindra Finance customer support has been notified about the posted complaint.
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