Mahindra Finance partners India Post Payments Bank to enhance credit

Mahindra Finance partners India Post Payments Bank to enhance credit : Mahindra and Mahindra Financial Services Ltd has partnered with India Post Payments Bank to enhance credit access to a larger customer base.

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IPPB will provide lead referral services to Mahindra Finance for passenger vehicles, three-wheeler, tractor and commercial vehicle loan categories.

As a pilot, this scheme would launch in the IPPB branches of Maharashtra and Madhya Pradesh. It is expected to spread across other states over the next four-six months.