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

Fixed deposit features

One of the advantages of starting a fixed deposit (FD) is that it’s a safe way to invest. It also ensures the steady growth of your savings. What’s more, it is very easy to get started &...

KNOW MORE

June 30, 2023

When & How To Refinance Your Used Car Loan

Are you looking to save money or improve the terms of your used car loan? Refinancing could be the solution you need. By taking advantage of lower interest rates, improving credit scores, or adjusting...

KNOW MORE

May 13, 2024

What are hybrid funds?

What are mutual funds? Mutual funds are professionally managed funds that invest into multiple assets financial instruments such as stocks and bonds. Mutual funds usually charge a fee for holding...

KNOW MORE

June 30, 2023