Mahindra & Mahindra Financial Services (Mahindra Finance) has received approval for the expansion into Mortgage business which would include providing Housing Finance, Top-up Loans, Lease Rental Discounting, Home Improvement and Home Extension Loans, Balance Transfer Loans and Construction Finance etc. The company intends to leverage its strong geographical presence in the retail lending space to exploit the mortgage lending opportunity for its existing customers as well as new customers. The Board of Directors the company at their meeting held on September 13, 2024 have approved the same.
Mahindra Finance is one of India’s leading non-banking finance companies.
