Mahindra & Mahindra Financial Services Limited (Mahindra Finance), part of the Mahindra Group, is one of India’s leading non-banking finance companies. Focused on the rural and semi-urban sector, the Company has over 11 million customers and has an AUM of over USD 14.1 Billion. The Company is a leading vehicle and tractor financier, provides loans to SMEs and also offers fixed deposits. The Compan
y has 1,365 offices and reaches out to customers spread over 5,16,000 villages and 8,000 towns across the country. Mahindra Finance has been ranked 59th among India’s Best Companies to Work 2023 by Great Place to Work Institute. The Company's Insurance Broking subsidiary, Mahindra Insurance Brokers Limited (MIBL), is a licensed Composite Broker providing Direct and Reinsurance broking services. Mahindra Rural Housing Finance Limited (MRHFL) a subsidiary of Mahindra Finance provides loans for purchase, renovation, construction of houses to individuals in the rural and semi-urban areas of the country. Mahindra Manulife Investment Management Private Limited (MMIMPL), a subsidiary of Mahindra Finance, acts as the Investment Manager for Mahindra Manulife Mutual Fund. The Company has a JV in the US, Mahindra Finance USA LLC, in partnership with De Lage Landen, a subsidiary of Rabo Bank, for financing Mahindra vehicles in the US.