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How can I claim the Unclaimed amount from the company or IEPF? What is the procedure?

mahindra-finance-author

by Mahindra Finance

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June 22, 2023

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3 mins read

Kindly note that with a view to complying with the statutory requirements in this regard, we shall initiate necessary action for transfer of the unclaimed principal and interest amount on Fixed Deposit to IEPF.

You are requested to immediately claim your unpaid principal and interest amount to avoid the transfer of the said amount(s) to IEPF by sending the following documents to us.

1. Self-attested copy of Pan Card and address Proof (viz. Aadhar Card, Passport etc.)

2. Copy of Cancelled Cheque.

3. Enclosed Application –cum-Undertaking duly filled and signed.

However, you may claim from IEPF Authority, the amount of unclaimed principal and interest on Fixed Deposit, transferred to IEPF by making an application in Form IEPF-5 online and by sending the physical copy of the same duly signed (as per registered specimen signature) along with requisite documents enumerated in the said Form IEPF-5 to the Company at its Corporate Office or at the Company’s FD Processing Centre at Chennai for verification of your claim. We shall send a verification report to IEPF As per section 125(2) of the Companies Act, 2013 read with Rules, any amount of matured Fixed Deposits along with interest accrued on it, which remains unpaid or unclaimed for a period of seven years from the date of maturity of the Fixed Deposit, shall be transferred by the Company to the Investor Education and Protection Fund (“IEPF”) established by Central Government.

Authority for refund of the unclaimed principal and interest amount on Fixed Deposit, back to the credit of the Fixed Deposit holder.

In case we do not receive any request from you for claiming the principal and interest amount on Fixed Deposit , we shall, in accordance with the requirements of the said Rules, transfer the unclaimed principal and interest amount on Fixed Deposit, to IEPF by the due date as per procedure stipulated in the Rules, without any further notice. Please note that no claim shall lie against the Company in respect of unclaimed principal and interest amount on Fixed Deposit transferred to IEPF Authority pursuant to the said Rules.

The IEPF Rules and the application form (Form IEPF-5), as prescribed by the Ministry of Corporate Affairs for claiming back the unpaid/unclaimed principal amount/interest on Fixed Deposits, are available on the website of the Company at www.mahindrafinance.com as also on the website of the Ministry of Corporate Affairs at www.iepf.gov.in.

Please feel free to contact the Company in case you have any queries at the following address/ email/ telephone numbers:

FD Processing Centre

Mr. N Ananta Narayanan

Mahindra & Mahindra Financial Services Ltd

New No. 244, Old No. 713, 3rd Floor, Level 4,

Rear Block, Carex Center, Anna Salai,

Thousand Lights,

Chennai, Tamil Nadu-600006.

Toll Free no- 180 026 69266

Corporate Office

Ms. Sunita Pawar

Mahindra & Mahindra Financial Services Limited

Sadhana House, 2nd Floor,

570, P. B. Marg, Worli,

Mumbai- 400 018.

Tel:+91-22 - 6652 3500 Extn :- 3966

Fax No:+91- 22- 24984170Email: mfinfd@mahindra.com

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