1. The feedback from the Customer’s nominee given below shows how MLS has brought in a positive change in their lives:
My husband Mr. Palla had availed a loan from Mahindra Finance, suddenly my husband passed away due to road accident. We were all in deep shock after the death of my husband. Since he was covered under Mahindra Loan Suraksha, MIBL team helped us to settle the claim & entire loan was waived off. I am very thankful to MMFSL & MIBL employees for all their support. Smt. Palla Padma, wife of Mr. Palla Bhulokam, Srikakulam, Andhra Pradesh
2. My husband Mr. Shaik Afzal Pasha availed loan of Rs.2,30,000/-from Mahindra Finance.
Suddenly my husband passed away due to accident, due to which he expired. Shaik Afzal Pasha was covered under Mahindra Loan Suraksha, MIBL & MMFSL helped us to settled the claim & entire loan was waived off & nominee got refund of Rs. 20,000 from Mahindra Finance . I wish to express my gratitude to MMFSL & MIBL employees for providing us with such a relief from the burden of repaying the loan. My husband left my two children and me. He was the only earning member and it was just not possible for us to pay the outstanding EMI after his death. Wife of Mr. Shaik Afzal Pasha
3. Applicant Mr. Raghunath Dnyandeo Awate took loan for Mahindra Alfa Plus from Panvel Branch on 20th November 2012.
The customer was working on his field and suddenly he had some chest pain. By the time people took him to hospital, he died. The customer had taken Mahindra Loan Suraksha at the time of Loan. Thus, the loan was settled and NOC was handed over to Mrs. Sangeeta Raghunath Awate (Wife Of late Mr. Raghunath D. Awate). Loan was Rs. 1,71,797 and Claim settlement Amount Rs. 1,80,000/- Participants in the event: Mr. Bhavin Panchal (V.P. G3 motors), Mr. Jagdish Lad (G.M. G3 motors) Mr. Vinayak Bhaga (Executive, MIBL), Mr. Jayprakash Yadav (B.M. Panvel) Mr. Ayush Adhar (A.B.H. Mahindra Finance) Applicant's Family and Entire G3 Team of Nerul (Prosper)
4. No Objection Certificate submission to the customer’s family - MLS Claim Settlement of Mr. Mohammed Nasar (Agreement No. 1663742) – Nirmal Branch (Andhra Pradesh), Mahindra Finance
Feedback from customer’s wife: “I am illiterate. My husband, late Mr. Mohd Nasar was the only bread earner in my family. I have a girl child to be married off. Mahindra Finance informed me about Mahindra Loan Suraksha, because of which I now have hope and confidence of planning for my daughter’s marriage. Now I am happy as I can give this vehicle to my son in-law to-be.”
5. Feedback from Branch Manager & Branch Accountant, Mahindra Finance:
“Customer late Mr. Mohammed Nasar was an earn & pay customer. We try and ensure that MLS is taken by all customers as life is unpredictable. Today we are happy that we were able to give hope to a customer’s family through MLS, at such a tragic time.”
Mr. Abdulsab Hasansab Katagar, a customer from Bagalkot Branch, Mahindra Finance, had availed loan of Rs.3,75,000/- for Mahindra Tractor 575 DI in June 2010. In the month of November 2010, he got a paralytic attack and expired. We were able to get the entire loan amount Rs.3,75,000/- from the insurance company through MLS.
This is how we can contribute towards Social Responsibility through MLS
The customer’s wife was overwhelmed and conveyed that, “We are really grateful to you for providing us with such a relief from the burden of repaying the loan. After my husband’s death, it was just not possible for us to pay the outstanding EMIs after his death. I wish to express my gratitude to MMFSL and Insurance Company who gave aid in our situation.”
Smt. Ameenabi wife of late Abdulsab Hasansab Katagar
Photograph wherein Mr. Krishna MD of Universal Motors Pvt Ltd – Mudhol handing over NOC to customer’s wife, Mrs. Ameenabi. Along with Mr. Mahesh Patil (Territory Manager), Mr. Lokanath Beelagi (Branch Accountant), Mahindra Finance, Mr. Shankar Jagirdar (Customer Manager), Mr. Venkatesh Akkolkar (MIBL)