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

Boost Your Working Capital With Business Working Capital Loans

Running a successful business requires a constant flow of funds to manage day-to-day expenses and seize growth opportunities. This is where working capital plays a vital role. Working capital is the d...

KNOW MORE

April 26, 2024

What-Is-The-Difference-Between-Prime-And-Subprime-Car-Loans

What Is The Difference Between Prime And Subprime Car Loans?

Introduction Are you considering buying a car but unsure about financing options? Understanding the difference between prime and subprime car loans can help you make an informed decision. These types ...

KNOW MORE

July 24, 2024

How To Write A Personal Loan Application Letter

How To Write A Personal Loan Application Letter

Are you in need of a personal loan but unsure how to approach the process of applying for a loan or how to write an application for a loan? Don’t worry! Writing a compelling loan request letter ...

KNOW MORE

August 27, 2024