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
|

What is National Automated Clearing House (NACH)?

mahindra-finance-author

by Mahindra Finance

|

July 21, 2023

|

1 mins read

Under this system, you can receive your dividend electronically by way of direct credit to the registered bank account with DP/Company/RTA. This expedites payment through credit to your account compared to dividend warrants in the physical form.

Related articles

Understanding The Impacts Of Inflation On Fixed Deposits

Picture this scenario: You diligently save a portion of your hard-earned money in a fixed deposit (FD) account for a rainy day. However, over time, you notice that the purchasing power of your FD retu...

KNOW MORE

March 4, 2024

Factors That Influence Fixed Deposit Interest Rates

When it comes to investing your hard-earned money, Fixed Deposits (FDs) are a popular choice among Indians. FDs offer the security of guaranteed returns over a fixed tenure, making them an attractive ...

KNOW MORE

February 23, 2024

Top-Government-Housing-Schemes-In -India-Everything-You-Need-To-Know

Top Government Housing Schemes In India: Everything You Need To Know

Owning a home is a dream for many, but with the rising cost of real estate and limited financial resources, it can seem out of reach. However, the Indian government has introduced various housing sche...

KNOW MORE

July 25, 2024