login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
phone

Download App

Conveniently pay your EMIs, set payment reminders, view your loan details.

phone
|

Do I need to visit branch or submit the Fixed Deposit receipt to receive the proceeds on maturity?

mahindra-finance-author

by Mahindra Finance

|

December 20, 2023

|

1 mins read

Fixed deposit for senior citizen: No need to visit the branch or discharge the FDR receipt; FD proceeds will be directly credited to depositors account registered at the time of maturity in case of auto repayment option.

Related articles

How Is The Electrical Industry Powering Economic Development?

Introduction The electrical industry in India is a crucial sector that contributes significantly to the country’s economic growth. With its wide range of businesses, from multinational corporati...

KNOW MORE

April 22, 2024

What-happens-if-you-default-on-a-personal-loan

What Happens If You Default On A Personal Loan?

Personal loans have become increasingly popular in India as they provide quick access to funds for various purposes. However, being a loan defaulter can have severe repercussions.  We will look a...

KNOW MORE

September 12, 2024

What Is Hypothecation? A Simple Guide For Beginners

Introduction Ever thought what is hypothecation and why it is essential for securing a loan? Hypothecation refers to the practice of pledging an asset as collateral for a loan without transferring own...

KNOW MORE

July 4, 2024