MAHINDRA

FINANCE
Submitted by: Group-6
Anukriti Singh
Rahul Pandey
Sumit Anand
Upkar Pandey
Vaishali Singh
 INTRODUCTION
• Mahindra Finance is a rural NBFC, founded on 1st January 1991.
• It is headquartered in Mumbai, India.
• It has main products in financial services.
• It’s revenue of FY’16 is INR. 49,5300 millions.
• It’s parent company is Mahindra & Mahindra.
• It’s subsidiary companies are Mahindra mutual funds, Mahindra insurance
brokers ltd., Mahindra rural house finance ltd., Mahindra business and
counsultive services ltd.
• Major competitors are Bajaj Finance, Shriram trans, Cholamandalam, Magma
Fincorp etc.
VISION
“ To be a leading financial service provider in semi- rural and rural areas.”

MISSION
“ To transform rural lives and drives positive change in the communities.”

CORE VALUES
• Customer first
• Quality focus
• Dignity of the individual
• Good corporate citizenship
• Professionalism.
 PRODUCT AND SERVICES

• Vehicle Financing:
It provide loans to auto and utility vehicles, tractors, cars, commercial vehicles,
construction equipment's etc. it also provide finance to pre-owned vehicles.
• SME Financing:
It provide Loans for varied purposes like project finance, equipment finance
and working capital finance.
• Housing Finance:
Finances rural and semi-urban population to build self-sustaining houses, pukka
houses and ensure their upliftment in society.
• Insurance Broking:
Provide Insurance solutions to retail customers as well as corporations through
his subsidiary company i.e Mahindra Insurance Brokers Limited.
• Asset management company:
It provides Insurance solutions to retail customers as well as corporations
through their subsidiary Mahindra Insurance Brokers Limited.
• Mutual fund distribution:
It also advises clients on investing money through AMFI certified professionals
under the brand Mahindra Finance Finsmart.
• Fixed Deposits:
The MMFSL Fixed Deposit has a CRISIL rating of 'FAAA', indicating a high
level of safety.
 SWOT ANALYSIS
STRENGTHS WEAKNESS

• Strong brand recognition. • Weak management.

• Wide geographic presence. • Customer service.
• Large distribution channel with 350 • Mahindra Finance does not make
branches all over the nation. advertisement of its product.
• Large asset base of Rs. 5000 cr.
• Good track record of innovation.
• Customer loyality.
 OPPORTUNITIES
• Rural demand is increased.
• Income level is increasing.
• Mahindra finance is entering into
new sectors such as mutual funds,
software field etc.
• International expansion.
• Innovation.
THREAT
• Competition also increasing.
• The biggest threat for Mahindra
Finance in the market is new entry
of foreign non-banking financial
institutions.
• Bad economy.
 Mahindra & Mahindra Financial PESTEL
• Political Factors
Changing policies with new government. Other stakeholders such as non-
government organizations, protest & pressure groups, activist movements
play critical role in policy making in India.
• Economic Factors
Exchange rate – The volatile exchange rate of India can impact Mahindra &
Mahindra Financial investment plans not only in the short term but also in
the long run.
Inflation rate – The easy liquidity in the market post the great recession of
2018 will lead to increasing inflation in the India economy.
• Social Factors
Access to essential services – By and large over the last decade and half the
wider population in getting access to essential services in India. This has
been a result of increasing investment in public services.
Gender roles – The gender roles are evolving in India. Mahindra & Mahindra
Financial can test various concepts to cater to and support these evolving
gender roles in India society.
• Technological Factors
Lowering cost of production – The latest technology is fast lowering
production and servicing cost in the Financial sector. Mahindra & Mahindra
Financial has to restructure its supply chain to bring in more flexibility to
meet both customer needs and cost structures.
5G and its potential – Mahindra & Mahindra Financial has to keep a close eye
on the development and enhancement of user experience with increasing
speed and access. This can completely transform the customer user
experience in the Consumer Financial Services industry.
• Environmental Factors
Paris Climate Agreement has put real targets for the national government of India
to adhere to. This can result in greater scrutiny of environmental standards for
Mahindra & Mahindra Financial in India.
Customer activism – Greater awareness among customers have also put
environmental factors at the center of Mahindra & Mahindra Financial strategy.
Customers expects Mahindra & Mahindra Financial to adhere to not only legal
standards but also to exceed them to become responsible stakeholder in the
community.
• Legal Factors
Business Laws – The business laws procedure that India follows. Are these norms
consistent with international institutions such as World Trading Organization,
European Union etc.
Time take for business cases in court – some countries even though follow
international norms but the time for resolution often run in years. Mahindra &
Mahindra Financial has to carefully consider average time of specific cases before
entering an international market.
 JOB DISCRIPTION
• Job profile:
The Management Trainees will undergo a rigorous 6 month curriculum to learn
the fundamentals of all the verticals and thereafter seek On the Job training. At
the end of every project, the Management Trainees are expected to deliver a
Project Report and a checklist of deliverables as per the format prescribed by the
Mentor. This will be accounted for during their Final assessment.
• Tests for selection:
Application form.
Aptitude test.
Group discussion.
Personal interview.
Psychometric test.
• Total Annual CTC:
600000/-
Gross fixed annual CTC:
400000/-
Performance pay:
80,000/-
Retention bonus:
1,20,000/-