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

How To Build A Diversified Investment Portfolio With Fixed Deposits

Investing wisely is crucial for long-term financial stability and growth. One effective strategy is building a diversified investment portfolio. In this article, we will explore how fixed deposit inve...

KNOW MORE

April 26, 2024

How to Choose the Maximum Tenure for Your Car Loan?

QUICK SUMMARY: Once upon a time, owning a car used to be a rich person’s dream. Today, thanks to financing, car ownership has become more accessible and affordable. Understanding finance options, an...

KNOW MORE

January 16, 2026

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