#Mahindra Tractor Price

[tractorkarvanindia]

Best Tractors for Agriculture In India

The Mahindra Jivo 305 DI all-wheel drive is the main 18.2 kW (24.5 HP) all wheel drive Mahindra Tractor with DI motor.

[gaadi]

Popular Tractor Brands Mahindra and John Deere in India - KhetiGaadi

A tractor is a powerful agricultural vehicle designed to perform various farming tasks. It plays a pivotal role in modern agriculture, enhancing efficiency and productivity. Equipped with sturdy tires or tracks, tractors can plow fields, plant seeds, and harvest crops. They also tow implements like harrows, cultivators, and balers. Tractors come in various sizes and power levels to suit different farm needs. Their versatility extends beyond farming, finding utility in construction and transportation industries as well. With the evolution of technology, modern tractors are equipped with advanced features such as GPS guidance and automated functions, making them indispensable tools for sustainable agriculture. 

Top Tractor in India  

Mahindra Tractors 

Mahindra Tractors in India are renowned for their robust design, reliability, and high-performance agricultural machinery. As a leading tractor manufacturer, Mahindra offers a diverse range of models catering to the varying needs of Indian farmers. Their tractors are equipped with cutting-edge technology, fuel-efficient engines, and user-friendly features, enhancing productivity and reducing operational costs. With a vast network of dealers and service centers across the country, Mahindra ensures seamless customer support and after-sales service. Over the years, their commitment to empowering farmers and driving rural growth has made Mahindra a trusted and preferred choice for mechanized farming in India. 

Why Mahindra Tractors? 

Very fuel-efficient: The Mahindra tractors' DI engines are renowned for being extremely fuel-efficient. 

Dual-purpose master: Mahindra Tractor has created dual-purpose tractors for all Indian farmers. The first one has a farming purpose and a haulage purpose too. 

Affordable Maintenance price: Mahindra tractors maintain very low rates and an excellent combination of tractor prices and features. 

John Deere Tractor  

John Deere is a renowned manufacturer of agricultural machinery, particularly known for its tractors. John Deere tractors are widely used by farmers around the world due to their durability, reliability, and innovative features. These tractors are designed to handle various tasks on the farm, such as plowing, planting, harvesting, and hauling. They are equipped with powerful engines, advanced transmission systems, and robust chassis to provide optimal performance in diverse farming conditions. John Deere tractors also incorporate cutting-edge technology, including GPS guidance, precision farming capabilities, and automated functions, to enhance productivity and efficiency. With a rich history and a commitment to quality, John Deere continues to be a trusted brand for agricultural machinery. The price range of John Deere tractors starts from Rs 4.70 lakhs and goes up to Rs 29.20 lakhs. 

Conclusion  

Mahindra and John Deere are two leading tractor manufacturers known for their high-quality and efficient agricultural machinery.. Mahindra Tractors in India have established a strong reputation for their robust design, fuel efficiency, and affordability, catering to the diverse needs of Indian farmers. On the other hand, John Deere tractors are globally recognized for their durability, reliability, and innovative features, including advanced technology and precision farming capabilities. Both brands continue to play a vital role in empowering farmers and driving sustainable agriculture worldwide 

Visit our page for more information about Tractor, Agricultural implements, Tractor Price and Tractor Videos. 

[decadentsongluminary]

Mahindra JIVO 365 DI Tractor Mahindra JIVO 365 DI Price India 2023 Specification Mileage

Get to know about the Mahindra JIVO 365 DI Tractor Price 2023 along with the various features and specifications for the wide range of tractors offered by Mahindra Tractors."

READ MORE...Tractor Reviews Site India - Find Best Tractors | 36tractor.com

[knowabouttractor]

The Mahindra 575 tractors include a wide range of applications and cutting-edge technology to guarantee strength and accuracy. It is the ideal choice for farming in India. It is a budget-friendly model, and Mahindra 575 price ranges from 6.65 lakhs to 6.95 lakhs. To know more about Mahindra 575 features, specifications, mileage, and engine, visit Tractor Junction.

[tractorseva]

Embracing Agricultural Innovation: The Future of Lac Farming and Tractor Maintenance

In a recent address at the ICAR-National Institute of Secondary Agriculture (NISA), President Droupadi Murmu underscored the vital role of agricultural diversification in enhancing farmers' incomes and tackling pressing challenges such as food security and climate change. One notable initiative highlighted during the celebration was lac farming, a practice that has been integral to the livelihood of tribal communities for generations.

Lac, a resin secreted by specific insects, is a crucial resource, especially for rural and tribal economies. Its versatility spans industries like pharmaceuticals and cosmetics, where demand is steadily growing. By improving the quality and marketing of Indian lac, farmers can secure better prices for their products, creating a sustainable source of income. Union Agriculture Minister Shivraj Singh Chouhan further emphasized the need to increase the Minimum Support Price (MSP) for lac, making it a more viable option for farmers.

Supporting Lac Farming with Modern Tractor Maintenance

As farming techniques evolve to include practices like lac cultivation, it is essential to ensure that the tools and machinery used by farmers are in peak condition. This is where Tractor Seva comes in. At Tractor Seva, we are committed to supporting farmers by offering superior tractor maintenance services at affordable prices. With our hassle-free online booking system, farmers can ensure timely servicing of their tractors, no matter the brand. Whether it’s Mahindra, John Deere, or Swaraj, we guarantee optimal performance, enabling farmers to engage in diverse agricultural activities like lac farming.

Quality Parts for Optimal Performance

One of the cornerstones of Tractor Seva’s service is our use of premium parts and service kits. We partner with trusted brands such as Castrol, Mobil, and Bosch to provide high-quality components, ensuring that your tractor runs efficiently and reliably. Regular maintenance with the right parts is key to maximizing the longevity of tractors, which is crucial as farmers adopt more complex farming practices, including secondary agriculture like lac farming.

Agricultural Innovation for a Sustainable Future

As President Murmu rightly pointed out, embracing secondary agricultural practices such as lac farming can significantly boost farmers' incomes while contributing to environmental sustainability. With proper support from government initiatives and increased MSP for products like lac, India can secure a brighter future for its farmers.

Partner with Tractor Seva for Success

At Tractor Seva, we believe in empowering farmers to stay ahead in an evolving agricultural landscape. Whether you’re engaged in traditional farming or innovative practices like lac farming, your tractors are a critical component of your operations. With our comprehensive tractor maintenance services, you can focus on growth, knowing that your machinery is in the best possible hands.

Join us in making a difference! Visit Tractor Seva today.

[i-amprashant-blog]

Discover the Power and Performance of the Mahindra 275 DI XP Plus Tractor

The Mahindra 275 DI XP Plus stands out as a leading choice among Indian farmers, offering a perfect combination of power, performance, and affordability. Designed to meet the diverse needs of both small-scale and large-scale agricultural operations, this 37 HP tractor brings reliability and efficiency to your fields. In this article, we explore the key specifications, features, pricing, and applications that make the Mahindra 275 DI XP Plus a preferred choice for farmers in 2024.

Key Specifications and Features of Mahindra 275 DI XP Plus

1. Engine and Performance

The Mahindra 275 DI XP Plus is equipped with a robust 37 HP diesel engine with an engine capacity of 2235 cc. It operates at 2100 RPM and comes with a Partial Constant Mesh gearbox, ensuring seamless gear transitions and optimal performance on varied terrains.

Number of Cylinders: 3

Torque: 136 Nm

PTO Power: 32.9 HP

Fuel Type: Diesel

Brakes: Multi-disc oil-immersed brakes

2. Steering, Clutch, and Transmission

This tractor model features Dual Acting Power Steering or Manual Steering (Optional), offering exceptional control and ease of handling. It comes with a Single (Standard) or Dual with RCRPTO (Optional) Clutch, making it adaptable to various farming tasks.

Gearbox Type: Partial Constant Mesh

Forward Gears: 8

Reverse Gears: 2

Top Speed: 28.5 km/hr

3. Lifting Capacity and Tyres

With a lifting capacity of 1480 kg, the Mahindra 275 DI XP Plus is built to handle heavy loads effortlessly. It is fitted with 6.00x16 front tyres and 13.6x28 rear tyres, providing excellent stability and traction in different farming conditions.

Mahindra 275 DI XP Plus Price in 2024

The Mahindra 275 DI XP Plus is competitively priced, starting at ₹6.05 Lakh and going up to ₹6.31 Lakh (Ex-Showroom Price in India). This attractive pricing makes it an accessible choice for Indian farmers, offering high-quality performance without exceeding budget constraints. For the latest on-road prices and detailed information, visit CMV360.

Applications of Mahindra 275 DI XP Plus

1. Ideal for Small-Scale Farming and Gardening

The compact and powerful Mahindra 275 DI XP Plus is perfect for small-scale farming, gardening, and landscaping. It performs exceptionally well in confined spaces like orchards, nurseries, and backyard gardens, handling tasks such as tilling, mowing, and spraying with ease.

2. Efficient for Large-Scale Farming Operations

Thanks to its high lifting capacity and reliable engine, the Mahindra 275 DI XP Plus is also suited for large-scale farming operations, including plowing, planting, harvesting, and towing heavy loads. Its versatility makes it a valuable asset for diverse agricultural activities.

3. Superior Performance Across Challenging Terrains

With its sturdy 2WD wheel drive, the Mahindra 275 DI XP Plus offers excellent traction and stability on challenging terrains. Whether you are working on flat lands or steep slopes, this tractor ensures superior performance and reliability.

Mahindra 275 DI XP Plus: Modern Features for Today’s Farmers

1. Fuel Efficiency and Environmental Benefits

The Mahindra 275 DI XP Plus is designed for fuel efficiency, which helps reduce operational costs and minimize emissions. It supports sustainable farming practices, making it an ideal choice for environmentally conscious farmers.

2. Enhanced Comfort and Safety

This model features multi-disc oil-immersed brakes, providing effective control and preventing slippage. The ergonomic design of the steering and cabin ensures comfort, even during long hours of operation, enhancing productivity.

Unique Features Making Mahindra 275 DI XP Plus a Top Choice

1. Sustainable and Cost-Effective Farming

The Mahindra 275 DI XP Plus is designed for sustainable farming practices, combining low fuel consumption with minimal emissions. Its diesel engine ensures prolonged efficiency, reducing operational costs over time.

2. Enhanced Comfort and Operator Safety

This tractor features ergonomically designed seating, steering, and control panels, ensuring comfort during long working hours. The multi-disc oil-immersed brakes add an extra layer of safety, giving operators confidence in various farming conditions.

[tractorkarvanindia]

What is Tractor Mileage, and its Importance?

[quiklyz]

Quiklyz Offers India's Largest Range of EVs for Leasing & Subscription

EVs (4W and 3W) from leading OEMs including Mahindra, Tata Motors, Mercedes-Benz, MG, Audi, Jaguar and Piaggio on offer

Monthly subscription fee starting at Rs 21,399 per month for electric 4W and Rs 13,549 for electric 3W load

Monthly fee covers insurance, maintenance and road-side assistance and flexibility to upgrade

Mumbai, January 12, 2022: Quiklyz, the vehicle leasing and subscription business vertical of Mahindra & Mahindra Financial Services Limited (Mahindra Finance/ MMFSL), today announced that it will offer the widest range of electric vehicles (EVs) for leasing and subscription to potential customers. Quiklyz is a new-age digital born vehicle leasing and subscription platform that offers great convenience, flexibility, and choice to customers across Indian cities.

Quiklyz currently has the largest portfolio of EVs on the subscription platform. The portfolio spans across electric 4W from the leading OEMs offering electric vehicles including Mahindra, Tata Motors, Mercedes-Benz, MG Motors, Audi, and Jaguar as well as electric 3W load vehicles from Mahindra and Piaggio for e-commerce fleet operators.

Customers will have the flexibility to upgrade their vehicle in 2-3 years keeping in tune with ever increasing technology features in newer EV launches going forward.

The EVs on-road price is currently higher than petrol and diesel vehicles, although the running cost is much lower. The customers intending to purchase EV vehicles through bank loans therefore must pay very high down payment. However, with Quiklyz there is no requirement for down payment, and monthly subscription charges for EV 4W starts from as low as INR 21,399 / per month.

Turra Mohammed, SVP & Business Head – Quiklyz mentioned, “As the world is moving on from conventional fuels to alternative sources of energy for powering transport, electric vehicles are emerging as a popular choice among the planet conscious customers. Quiklyz will continue to focus on EVs and will create an exciting platform for customers to have access to EVs in an affordable and hassle-free manner. All of this will be in keeping with India’s commitment to become carbon-neutral by 2070”.

Quiklyz is also the leading provider for subscription of Electric 3Ws used in last mile delivery by e-commerce companies. Suman Mishra - CEO Mahindra Electric added, “Leasing & Subscription is becoming an important channel for our Electric 3W specifically in load segment to new age enterprises. We look forward to continuing working with Quiklyz to provide such innovative financing solutions for our customers”.

The company plans to add more EVs in its portfolio, as it aims to create exciting EV subscription products for its customers. Quiklyz’s vehicle subscription model ensures that there’s no risk or uncertainty about maintenance, battery life, resale value, etc. when it comes to adopting a new technology

The customers can access various offerings and book their dream vehicle on Quiklyz.com. The website will facilitate an extremely simple vehicle booking and delivery journey for the customer. Additionally, customers can also reach out to Quiklyz over email at quiklyz.service@mahindra.com or call at 1800-209-7845 for support.

About Mahindra & Mahindra Financial Services Limited

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 7.3 Million customers and has an AUM of over USD 11 Billion. The Company is a leading vehicle and tractor financier, provides loans to SMEs and also offers fixed deposits. The Company has 1,388 offices and reaches out to customers spread over 3,80,000 villages and 7,000 towns across the country.

Mahindra Finance has been ranked 54th among India’s Best Companies to Work 2021 by Great Place to Work Institute.

Mahindra Insurance Brokers Limited (MIBL), the Company's Insurance Broking subsidiary 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 Finance CSR Foundation is a wholly-owned subsidiary company, under the provisions of section 8 of the Companies Act, 2013 for undertaking the CSR activities of the Company and its subsidiaries.

Mahindra Manulife Investment Management Private Limited (formerly known as Mahindra Asset Management Company Private Limited) acts as the Investment Manager of Mahindra Manulife Mutual Fund (formerly known as Mahindra Mutual Fund). On 29th April, 2020 Mahindra Finance divested 49% stake in its wholly-owned subsidiary, Mahindra Manulife Investment Management Private Limited to Manulife Investment Management (Singapore) Pte. Ltd., to form a 51:49 joint venture.

Mahindra Manulife Trustee Private Limited (MMTPL), (formerly known as Mahindra Trustee Company Private Limited) acts as a Trustee to Mahindra Manulife Mutual Fund (formerly known as Mahindra Mutual Fund). On 29th April, 2020 Mahindra Finance divested 49% stake in its wholly-owned subsidiary, Mahindra Manulife Trustee Private Limited to Manulife Investment Management (Singapore) Pte. Ltd. to form a 51:49 joint venture.

The Company has a Joint Venture 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.

Ideal Finance Limited (Ideal Finance) is a subsidiary of the Company in Sri Lanka, in which the Company owns 58.2% stake. Ideal Finance focuses on providing a diversified suite of financial services to the Sri Lankan market.

Learn more about Mahindra Finance on www.mahindrafinance.com / Twitter and Facebook: @MahindraFin

About Mahindra

Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate. 

The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise. Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room

[khetigaadi]

#महिंद्रा 475 DI XP प्लस💪

🌾🚜 अभी और भी शक्तिशाली और किफायती! 🚜🌾

महिंद्रा 475 DI XP प्लस ट्रैक्टर से अपने खेतों में लाएं उन्नत तकनीक और शानदार प्रदर्शन।

👉 शक्ति: 44 एचपी

👉 इंजन: 2979 सीसी

👉 माइलेज: बेहतरीन ईंधन दक्षता

👉 सुविधाएं: आसान संचालन और मजबूत डिजाइन

अब खेती बने और भी आसान!

[decadentsongluminary]

Mahindra 585 DI XP Plus Tractor Mahindra 585 DI XP Plus Price India 2023 Specification Mileage

Get to know about the Mahindra 585 DI XP Plus Tractor Price 2023 along with the various features and specifications for the wide range of tractors offered by Mahindra Tractors."

READ MORE....Tractor Reviews Site India - Find Best Tractors | 36tractor.com

[johnthejacobs]

John Oakey & Mohan Ltd Share Price Advancing Upwards

Introduction John Oakey & Mohan Ltd, a well-established player in the abrasive products industry, is witnessing a significant upward trend in John Oakey & Mohan Ltd Share Price. This growth is driven by the company's solid performance and favorable market dynamics. Let’s explore the factors behind this positive movement in John Oakey & Mohan Ltd Share Price and its implications for investors. John Oakey and Mohan Limited is an unlisted company specializing in coated abrasive products. Its diverse product range includes Flint Paper, Emery Paper, Multicut Paper, Aloxide Paper, Waterproof Paper (both Silicon Carbide and Aloxide), Super Flex Waterproof Paper, Polishing Paper, and Emery Cloth (both Drill and Long cloth). Additionally, the company offers specialized products such as rolls, belts, lamellar wheels, flap wheels, spindle wheels, sleeves, webster, naumkegs, and discs made from cloth, paper, and fiber. The company serves a broad customer base across various industries, including prominent names in the cycle industry like Hero and Atlas, the two-wheeler industry with Hero Honda, Escorts, and Bajaj Auto, and the automobile industry with Maruti Udyog and Mahindra & Mahindra. Other sectors served include the glass, plywood, sheet metal fabrication, polishing, and tractor industries.

John Oakey and Mohan Limited has also expanded its export operations, making significant inroads into markets such as the USA, South Africa, Australia, Sri Lanka, and Nepal, with ongoing negotiations to enter Malaysia, the Middle East, and Europe. As a member of the renowned Mohan Meakins Group, which includes Wellington Mills and John Oakey & Sons in London, the company operates a manufacturing unit in Ghaziabad, Uttar Pradesh. Established in 1962, John Oakey and Mohan Limited has been in the business for over 50 years, demonstrating a longstanding commitment to quality and innovation.

Robust Company Performance John Oakey & Mohan Ltd has consistently demonstrated strong financial performance, largely due to its diverse and high-quality product offerings. The company's product portfolio includes:

Flint Paper Emery Paper Multicut Paper Aloxide Paper Waterproof Paper (Silicon Carbide and Aloxide) Super Flex Waterproof Paper Polishing Paper Emery Cloth (Drill and Long Cloth) These products cater to various industrial applications, enhancing the company's reputation and market presence. The emphasis on quality and innovation has been a cornerstone of John Oakey & Mohan Ltd's success.

Favorable Market Conditions The abrasive products industry is experiencing growth, spurred by increasing demand across various sectors such as manufacturing, automotive, and construction. As these industries expand, the need for reliable abrasive products rises, positioning John Oakey & Mohan Ltd to benefit from this trend.

The company's ability to adapt to market demands and continuously improve its product offerings has strengthened its market position. This adaptability, combined with the overall economic recovery and industrial growth, has created a conducive environment for the company's share price to climb.

Promising Investment Opportunity The upward trajectory of John Oakey & Mohan Ltd's share price signals strong investor confidence in the company's future prospects. With a well-established market position and a proven track record of performance, the company presents an attractive investment opportunity. Analysts forecast continued growth in share price, reflecting the company's ongoing success and potential for further expansion.

Importance of Staying Informed For investors and stakeholders, staying informed about the latest developments is crucial. The Planify website provides real-time updates on John Oakey & Mohan Ltd's share price, along with news and analysis on market trends and company performance. By keeping abreast of these updates, investors can make informed decisions and optimize their investment strategies.

Conclusion John Oakey & Mohan Ltd's share price is advancing upwards, driven by robust company performance and favorable market conditions. As the demand for abrasive products continues to grow across various industries, the company is well-positioned for sustained growth. Investors seeking promising opportunities should consider the potential of John Oakey & Mohan Ltd's shares. For the latest updates and detailed analysis, visiting the Planify website is highly recommended.

[ranjan1237]

The Mahindra Blazo X 40: Chennai's Ultimate Hauling Solution

Introduction:

In busy Chennai city where logistics and transportation are the backbone of the city's solid economy, the Mahindra Blazo X 40 Tractor Trailer stands proudly and is among the best because of the real power of hauling. This dynamic monster of the roadway is literally transforming the trucking industry by leaps and bounds with each move that it makes a one-of-a-kind performance, efficiency, and value proposition.

A Workhorse Built for Demanding Loads:

Fitted with a powerful 7200cc diesel engine producing 280 horsepower, the Blazo X 40 from Mанhindra is designed to be reliable even in the most demanding hauling tasks. This tractor-trailer has a Gross Vehicle Weight (GVW) of 39,500 kg which gives it the capability to carry heavy-duty loads effortlessly, which explains why it could be the right choice for a business that relies on effective transportation.

Nevertheless, what counts in addition to the raw power is also noteworthy. The Blazo X 40 Chennai also features a diesel engine that is more advanced in technology making it more fuel efficient and lowering the carbon emissions that would otherwise be generated. In other words, this reduction in operation costs offers substantial savings for fleet operators as well as owner-drivers, therefore, to stay competitive, they are likely to use the low-cost technology

Unbeatable Value for Your Investment:

While in Chennai, where cost-effectiveness is one of the decisive factors for businesses, the Mahindra Blazo X 40 tractor-trailer presents the best in terms of value. Mahindra Blazo X 40 Price in Chennai starts from Rs. 33 lakhs. This tractor-trailer will offer the user the best value for money in terms of performance, reliability, and price.

In addition to all this, the truck brand TrucksBuses is offering customers very tempting finance options and EMI schemes. Especially for the Mahindra Blazo X 40 in Chennai. Affording a monthly payment of Rs. 59,162 for the initial point and a total loan amortization worth Rs. 35.50 lakh and these days, having Blazo X 40 is as cheap as compared to other alternatives.

Whether you already have experience in logistics, or you are an entrepreneur planning to extend your operations in the Chennai area, the Mahindra Blazo X 40 Tractor Trailer is quite simply a step forward to more efficient hauling. This tractor-trailer, unlike any other, has unique power, fuel efficiency, as well as unmatched ownership cost. This is very well set to redefine the way people will move goods in the city and beyond.

[lewsguystuff]

Lew's Guy Stuff & NW Road & Marine Magazine

27m  · 

Lew's Guy Stuff Says Check Out Boulder Equipment's Mahindra Tractor Sale!! All 3 Tractors come with a Free Canopy & No Payments for 90 days! Call Krista for more info (360) 866-8491 & Tell Her Lew's Guy Stuff & NW Road & Marine Magazine Sent You!!

1626 HST T/L

26HP 4X4 Hydrostatic Tractor. Mitsubishi 3 Cylinder Diesel Engine. Skid Steer Quick Attach Front Loader - 7 Year Warranty

0% Price $25,195 - $0 Down $479/mo. for 60/mo.

2638HST T/L

38HP 4X4 Hydrostatic Tractor. Mahindra mCRD 4 Cylinder Diesel Engine. Skid Steer Quick Attach Front Loader - 7 Year Warranty 0% Price $29,495 - $0 Down $559/mo. for 60/mo.

5155 T/L

55HP 4-Stroke Turbocharged mCRD 4 Cylinder Diesel Engine - NO DPF Filter. Skid Steer Quick Attach Front Loader

5 Year Warranty 0% Price $36,495 - $0 Down $691/mo for 60/mo.

[qwertydded]

Quiklyz to Offer Widest Range of Electric Vehicles (EVs) for Leasing and Subscription in India

Quiklyz to Offer Widest Range of Electric Vehicles (EVs) for Leasing and Subscription in India

EVs (4W and 3W) from leading OEMs including Mahindra, Tata Motors, Mercedes-Benz, MG, Audi, Jaguar and Piaggio on offer

Monthly subscription fee starting at Rs 21,399 per month for electric 4W and Rs 13,549 for electric 3W load

Monthly fee covers insurance, maintenance and road-side assistance and flexibility to upgrade

Mumbai, January 12, 2022: Quiklyz, the vehicle leasing and subscription business vertical of Mahindra & Mahindra Financial Services Limited (Mahindra Finance/ MMFSL), today announced that it will offer the widest range of electric vehicles (EVs) for leasing and subscription to potential customers. Quiklyz is a new-age digital born vehicle leasing and subscription platform that offers great convenience, flexibility, and choice to customers across Indian cities.

Quiklyz currently has the largest portfolio of EVs on the subscription platform. The portfolio spans across electric 4W from the leading OEMs offering electric vehicles including Mahindra, Tata Motors, Mercedes-Benz, MG Motors, Audi, and Jaguar as well as electric 3W load vehicles from Mahindra and Piaggio for e-commerce fleet operators.

Customers will have the flexibility to upgrade their vehicle in 2-3 years keeping in tune with ever increasing technology features in newer EV launches going forward.

The EVs on-road price is currently higher than petrol and diesel vehicles, although the running cost is much lower. The customers intending to purchase EV vehicles through bank loans therefore must pay very high down payment. However, with Quiklyz there is no requirement for down payment, and monthly subscription charges for EV 4W starts from as low as INR 21,399 / per month.

Turra Mohammed, SVP & Business Head – Quiklyz mentioned, “As the world is moving on from conventional fuels to alternative sources of energy for powering transport, electric vehicles are emerging as a popular choice among the planet conscious customers. Quiklyz will continue to focus on EVs and will create an exciting platform for customers to have access to EVs in an affordable and hassle-free manner. All of this will be in keeping with India’s commitment to become carbon-neutral by 2070”.

Quiklyz is also the leading provider for subscription of Electric 3Ws used in last mile delivery by e-commerce companies. Suman Mishra - CEO Mahindra Electric added, “Leasing & Subscription is becoming an important channel for our Electric 3W specifically in load segment to new age enterprises. We look forward to continuing working with Quiklyz to provide such innovative financing solutions for our customers”.

The company plans to add more EVs in its portfolio, as it aims to create exciting EV subscription products for its customers. Quiklyz’s vehicle subscription model ensures that there’s no risk or uncertainty about maintenance, battery life, resale value, etc. when it comes to adopting a new technology

The customers can access various offerings and book their dream vehicle on Quiklyz.com. The website will facilitate an extremely simple vehicle booking and delivery journey for the customer. Additionally, customers can also reach out to Quiklyz over email at quiklyz.service@mahindra.com or call at 1800-209-7845 for support.

About Mahindra & Mahindra Financial Services Limited

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 7.3 Million customers and has an AUM of over USD 11 Billion. The Company is a leading vehicle and tractor financier, provides loans to SMEs and also offers fixed deposits. The Company has 1,388 offices and reaches out to customers spread over 3,80,000 villages and 7,000 towns across the country.

Mahindra Finance has been ranked 54th among India’s Best Companies to Work 2021 by Great Place to Work Institute.

Mahindra Insurance Brokers Limited (MIBL), the Company's Insurance Broking subsidiary 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 Finance CSR Foundation is a wholly-owned subsidiary company, under the provisions of section 8 of the Companies Act, 2013 for undertaking the CSR activities of the Company and its subsidiaries.

Mahindra Manulife Investment Management Private Limited (formerly known as Mahindra Asset Management Company Private Limited) acts as the Investment Manager of Mahindra Manulife Mutual Fund (formerly known as Mahindra Mutual Fund). On 29th April, 2020 Mahindra Finance divested 49% stake in its wholly-owned subsidiary, Mahindra Manulife Investment Management Private Limited to Manulife Investment Management (Singapore) Pte. Ltd., to form a 51:49 joint venture.

Mahindra Manulife Trustee Private Limited (MMTPL), (formerly known as Mahindra Trustee Company Private Limited) acts as a Trustee to Mahindra Manulife Mutual Fund (formerly known as Mahindra Mutual Fund). On 29th April, 2020 Mahindra Finance divested 49% stake in its wholly-owned subsidiary, Mahindra Manulife Trustee Private Limited to Manulife Investment Management (Singapore) Pte. Ltd. to form a 51:49 joint venture.

The Company has a Joint Venture 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.

Ideal Finance Limited (Ideal Finance) is a subsidiary of the Company in Sri Lanka, in which the Company owns 58.2% stake. Ideal Finance focuses on providing a diversified suite of financial services to the Sri Lankan market.

Learn more about Mahindra Finance on www.mahindrafinance.com / Twitter and Facebook: @MahindraFin

About Mahindra

Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate. 

The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.

Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room