EMIstarting as low as INR 51,000 per month.

Lowerinterest rate starting from 9.0 per cent.

HigherLoan Amount: Up to 90 per cent On-Road funding.

HigherLoan Tenure: Up to 7.0 years (Including Moratorium).

50per cent waver in processing fee*

Mahindra’sConstruction Equipment Division (MCE), a part of the Mahindra Group, has inkeda Memorandum of Understanding (MoU) as a strategic partnership with Bank ofMaharashtra to offer tailored financing solutions for its constructionequipment division. The MoU was signed by Jalaj Gupta, Business Head,Commercial Vehicles, Mahindra & Mahindra and Rajesh Singh, GM, Retail andMSME, Bank of Maharashtra, in the presence of A S Rajeev, MD and Chairman, andAsheesh Panday, Executive Director, Bank of Maharashtra.

Thetie-up is set to offer unique financial assistance for the purchase ofM&M’s current and forthcoming BSV range of construction equipment providingamong the best interest rate and loan tenure. This partnership will providecustomers with hassle-free and adequate credit for the purchase of constructionequipment, such as RoadMaster (Motor Grader), EarthMaster (Back Hoe loader) aswell as the extensive range of attachments.

Bankof Maharashtra, with its extensive network of over 2,400 branches and 46 Zonaloffices, will offer a wide range of financing options through thiscollaboration. Customers can visit the nearest Mahindra Construction Equipmentdealership to avail of financing solutions tailored to their specific needs.

Inlight of the current dynamic scenario and market trends, the bank has developeda new offering, Mahabank Equipment Finance. This is to provide financing tocustomers engaged in construction, mining, and other related activities for thepurchase of equipment such as earth moving equipment, construction vehicles,material handling equipment and other construction equipment, etc.