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
|

In order to protect against fraudulent encashment, I want to incorporate the details of my bank account in my dividend warrant. What is the procedure that I should follow?

mahindra-finance-author

by Mahindra Finance

|

July 21, 2023

|

1 mins read

If you hold shares in physical form, please submit the NACH Mandate form, which can be downloaded from our website, duly executed along with a copy of cancelled cheque to Karvy which will be incorporated in all your future dividend payments.

However, if you hold the shares in demat form, these details will have to be provided to the Depository Participant with whom you have a demat account

Related articles

How To Calculate Monthly EMI For Used Car Loan?

How To Calculate Monthly EMI For Used Car Loan?

As the demand for affordable transportation options rises in India, used vehicle loans have become popular among Indian car buyers due to their affordability and ease of application. However, understa...

KNOW MORE

August 26, 2024

What Are The Foreclosure Charges On Business Loan?

Introduction Entrepreneurs often seek business loans to fuel their ventures, but sometimes circumstances change, and they wish to pay off their debt early. This process is known as foreclosure, where ...

KNOW MORE

July 23, 2024

Five Reasons to Start an SIP Right Now

SIPs are a tool that can help you invest a specific amount regularly in mutual funds over a period of time. Here are top 5 reasons to start an SIP now! An SIP is one of the most popular forms of mutua...

KNOW MORE

June 30, 2023