Mahindra Finance Complaints & Reviews

I had taken loan for a period of two years for purchasing my car. It was financed by Mahindra Fianance. I need NOC for my car loan against loan contract ID No. 4462471. The loan has already been cleared in the month of September 2018 but I have not received No Dues Certificate till date. While renewal of insurance I was asked to provide NOC. Therefore, please provide a loan clearance certificate/NOC for No.4462471 to my e-mail address - br...

No response from nodalofficer. [protected]@mahindra.com on following email
Vehicle no - gj01rl0566
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Hello,

It has been very disappointing experience at your branch.

1st when i visited on 25th aug, i was told that i have been charged multiple times for ecs bounce, when confronted i was told that charges for ecs bounce in year 2015 (Sep to nov) for 3 months will be reversed as it was branch...

Respected sir,
Iam E.Nithya venil and I applied for loan under the rural housing scheme, The loan was applied in the name of my mother( M.Vennila). The loan was applied before 1.5 months and they guarenteed that we would get the loan within 10-15 days, we waited paitiently and did all the procesures as directed by the officials at your branch office coimbatore, even MOD was put and at the final stage, they told that there will be...

Sir
1. i have honour to say that i have taken a loan from your branch mahindra finance jorhat(Assam) branch and i pay all outstanding loan amount whatever is due.
2. hence from last six month i asked mahindra finance at jorhat branch to provide me loan closing receipt (Noc on loan closing ), it is still a awaited
3. however how many days it will to issue a noc on loan closing
4. please take a necessary action....

Ref: loan no. 4303550, 4335834, 4162840

Dear sir,

With reference to above subject, we submitted tds certificates amount of rs.20631/-, rs.8886/- and 15196/- at your gwalior branch, which is deducted on interest amount against above loan account but we have not received till date in-spite of various reminder in gwalior branch.

Hence, we request your good self to kindly refund our tds amount of...

To whom so ever may concern,

Please refer to ecs for ag # 4625059 in link with my monthly installments of mahindra pickup as per our agreement my monthly payment is rs 6000 and the latest installment was paid at your office in cash receipt attached. But your team already presented my cheque for this period and the cheque got bounced with a bank charges of 287 rs. For your mistake i am suffering and my bank account got a black...

I had finance my one of commercial vehicle (Dezire) no- DL1Y E 2660 from Rohan Motors I had submitted full & final payment on 20th April in Mahipal pur branch. Payment details as through cheque 1, 63000 and Rs. 107000 cash also they has commitment me to provide the NOC next 10-12 Days.

I request you to please issue my NOC ASAP.

Need your urgent help.

If you need more clarification please call...

Dear sir/madam, In 25/10/2013 mahindra finance alloted me a Loan sum of Rs 498000/- my agreement No. 2855640 and I have pre- closed the loan and paid in kolar branch on 15/01/2017 please provide me the NOC was rejected from your bangalore branch.pls forward my NOC in 3 to 4 days.
that's my humble request to you.
Thanking you.

yours faithfully.
Santhosh Kumar.
[protected]...

Can i change my emi date. My curent emi date is 5th of every month. Can i change the date to 27th of every month plz reply it is very importent to me. There are some problem that i have to face. I run my car in a traven agency but they give my payment after 24 days after submit my monthly statment. That makes me in truble. So plese suggest me......

I have taken my car loan from mahindra finance. which was taken on march 2010. my mode of payment was ECS Initially my ECS mode payment got bounce due to some HSBC Bank issue which was latterly paid by cash. after this issue they(mahindra finance) have requested me to changed my mode of payment to cheque. Ashoka from mahindra finance collected the letter(letter for change of payment mode) & collect some PDC cheque from me. In cheque mode...

dear sir&madam, in 21/05/2009 mahindira finance alloted me a loan sum of rs 3lakh my agreement number 955843 and i have pre-closed the loan and paid cash in salem branch bill number 13759078 on 28/07/2010 pls provide me the NOC as soon as possibel its very urgent too sell my vehicle.. the branch staff's are saying that, it will take one month to come? pls forward me the NOC with in 3 to 4 days that's my humble request to you...

Dear Sir,

I have paid Rs. 1,68,410/- to Mahindra Finance Shivpuri vide DD No. 235766 Dated 12.12.09 of State Bank of Bikaner & Jaipur on account of loan of Mr. Khalid Khan with Mahindra Finance . A receipt of the same is enclosed . In the receipt they have recd. This amount as follows:

EMI – Rs. 24,100/-
OD...

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 suggest me to adjustment of extra paid EMI on behalf of EMI of December month for that I gave a Application to the Hindaun City branch which was forwarded to karauli branch office.

But in month of December they presented cheque to the bank which causes a penalty of Rs 590 because of insufficient funds in account.( That was because of fault of mahindra finance employees).
Regarding this I raised a complaint on toll free service of mahindra finance with service request number is CAS[protected]H5R0H1 .
But at the end no positive response given to me .
Further I contacted many time my relationship manager and mahindra finance branch but no one is responsible me positively.
Now I want my deducted money back as refund or waived off in my next EMI amount because it implied by fault of mahindra finance employees.
Also all penalties applied by Mahindra finance also must be waived off.
So please have a look on it and resolve it as soon as possible.

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.

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.

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

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.

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.

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

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.