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
|

1. Motor Insurance – NCB Protection cover

mahindra-finance-author

by Mahindra Finance

|

January 6, 2025

|

1 mins read

In the event that you have to make a claim, you risk losing your NCB. With this additional car insurance cover, you can make a claim or against your car insurance policy within a policy year without having it affect, your NCB.

Hence, Your No claim Bonus (NCB) does not get exhausted even after a claim in the current car insurance period, at the time of policy renewal; we will offer you the same expiring no claim bonus. The number of claims will depend on your specific car insurance plan.

Related articles

How-Micro-Business-Loans-Differ-From-Traditional-Business-Loans

How Micro Business Loans Differ From Traditional Business Loans

Starting a business requires adequate funding, and entrepreneurs often turn to loans to meet their financial needs. Two common types of loans that cater to businesses are micro business loans and trad...

KNOW MORE

July 1, 2024

How does a car loan modification affect your credit score?

Are you wondering about how to increase your credit score? One way to achieve that is by considering a car loan modification. A car loan modification involves changing the terms of your loan agreement...

KNOW MORE

April 17, 2024

What Is The Effective Yield In Fixed Deposits?

If you’re considering investing in a fixed deposit (FD), you’ve probably come across terms like “effective yield” and “annualised yield.” While the interest rate mentioned by banks...

KNOW MORE

March 1, 2024