Mahindra & Mahindra Financial Services Limited (MMFSL) is a rural NBFC headquartered in Mumbai, India. It is amongst the top tractor financers in India and offers a wide range of financial products to address varied customer requirements. The NBFC has 1000+ offices spread over 1 in every 3 villages across India with a total of more than 4.7 million customers to date.

Mahindra Finance started on 1 January 1991, as Maxi Motors Financial Services Limited. They received the certificate of commencement of business on 19 February 1991. On 3 November 1992, Mahindra Finance changed their name to Mahindra & Mahindra Financial Services Limited. Mahindra Finance is registered with the Reserve Bank of India as an asset finance, deposit taking NBFC.

In 1993 it commenced financing M&M Utility vehicles and in 1995 started its first branch outside Mumbai, in Jaipur. The company began financing Non M&M vehicles in 2002 and got into the business of financing commercial vehicles and construction equipment in 2009. 2011 was the year in which they had a joint venture with Rabobank subsidiary for tractor financing in the US and consolidated the product portfolio by introducing small and medium enterprises (SME) financing.