Toll Free no

1800 419 4800

SMS Buy / Sell

567678

Eligibility Criteria

At Mahindra First Choice Wheels, we have an upgrade option available to suit your budget and needs, no matter what they might be. Read on to know more about our eligibility criteria.

Eligibility for Salaried Individuals

  • Minimum age of applicant: 21 years.
  • Maximum age of applicant at loan maturity: 60 years.
  • Minimum employment: Should be currently employed for a minimum
    period of 1 year and have been employed for a minimum of 2 years.
  • Gross household income i.e. including income of the spouse: Rs 100000
    net annual income
  • Telephone: Necessary at residence.

Eligibility for Self Employed Individuals

  • Minimum age of applicant: 21 years.
  • Maximum age of applicant at loan maturity: 65 years.
  • Minimum employment: At least 3 years in business.
  • Minimum annual income: 60000.

Eligibility for Partnership Firms

  • Minimum income : Rs. 60000 p. a.
  • Minimum turnover : Turnover Rs 4.5 lacs.
  • Telephone : Landline number required at the office and at the residence of the loan applying partner. Post-paid mobile phone with a three month validity period is acceptable in case a landline is available only at one place.

Eligibility for Private Limited / Public Limited Company

  • Minimum income: Rs. 60000 p.a.
  • Telephone: Landline at office.
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