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
|

My shares are held in joint names. Are the joint holders nominees to the shares?

mahindra-finance-author

by Mahindra Finance

|

July 21, 2023

|

1 mins read

Joint holders are not nominees. They are joint holders of the relevant shares. In the event of death of any one of the joint holders, the surviving joint holder/s of the shares is/are the only person/persons recognized by the Company as the holders of the shares.

Related articles

Factors-That-Influence-Home-Loan-Interest-Rates

What Are Factors That Influence Home Loan Interest Rates

Owning a dream home is no longer a distant dream with the availability of home loans. However, understanding and managing the financial aspects of a home loan can be overwhelming, especially when it c...

KNOW MORE

August 14, 2024

Debt-avalanche-What-Is-It-&-How-to-Use-It

Debt Avalanche? What Is It & How To Use It?

Introduction Managing debts can be overwhelming, especially when faced with multiple loans and high interest rates. If you are tired of making minimum payments that barely make a dent in your principa...

KNOW MORE

July 1, 2024

What Is Balloon Payment For Car Loan

Introduction While exploring various car loan options and ways to finance your car purchase, you might come across the term ‘balloon payment for car loan.’ But what does this actually mean? Is it ...

KNOW MORE

May 13, 2024