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| Group Profile |
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| Mahindra & Mahindra Financial Services Ltd. (MMFSL) |
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| Mahindra & Mahindra Financial Services Limited is one of India's leading non-banking finance companies. Through a vast network of branches, MMFSL provides personalised finance for the widest range of utility vehicles, tractors and cars, focusing on the rural and semi-urban sector. |
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| MMFSL's rural financing is considered as the cornerstone of poverty reduction, rural development and inclusive growth in many parts of the country. Mahindra Finance currently has a significantly large network of over 500 branches, 86 out of which are located in low-populated or economically disadvantaged areas. MMFSL's loans to over 1,000,000 customers in the rural hinterlands have proved to be a catalyst in helping rural India surge ahead in a big way. |
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| We currently provide employment to over 10,000 people who belong to the areas in which we serve, ensuring that our employees truly understand their customers. |
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MMFSL's unique business model is socially inclusive as
we help customers
who
are at the bottom
of
the income or social pyramids to grow by providing them loans based on their future earning capacities.
It is also our continuous endeavour to facilitate development of skill
sets at the local level. |
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Mahindra Finance won several awards including the IDC Enterprise Innovation Award, 2010 (IDC is the leading provider of data-driven research and analysis)
and EDGE (Enterprise Driving Growth & Excellence through IT) 2010 Award, the SKOCH Financial Inclusion Award, in addition to winning 13 awards in various categories at Asia's Best Employer Brand Awards by the World HRD Congress. |
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Mahindra Finance also received the AIMA-IOCL (All India Management Association - Indian Oil Corporation Limited) Award for Best Motivational Practice in Manufacturing and Services 2010 - Service Industry and CSR Awards - INDYs - Star of the Industry Award for "Best Practices in Corporate Social Responsibilities" |
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