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

What is a Fixed Deposit? What are the Different Types of Fixed Deposits?

A fixed deposit is one of the most traditional and popular investment plans in India. Many people invest a sizeable portion of their income in a fixed deposit or FD plan. If you are just starting your...

KNOW MORE

February 5, 2024

Impact of Repo Rate Changes on Fixed Deposit Interest Rates

When it comes to managing our finances, understanding how different economic factors can affect our investments is crucial. One such factor that plays a significant role in shaping the financial lands...

KNOW MORE

February 23, 2024

Short-Term Business Loan – Know Tenure, Interest Rates, & Benefits

Running a business requires financial stability to meet various needs like working capital requirements, expanding operations, and marketing expenses. This is where short-term business loans come in h...

KNOW MORE

April 22, 2024