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
|

Cancellation policy

mahindra-finance-author

by Mahindra Finance

|

June 22, 2023

|

1 mins read

1. The fund for investment should be received from the first holder account/joint account.

2. In case the funds are received from a third party, upon identifying the source of funds the refund will be processed in the same bank account on or before 7 working days without interest.

3. If the KYC documents are incomplete, the forms will be rejected, and the amount will be returned within 30 days without interest

4. Company reserves the rights:

i) To waive or vary the terms & conditions.

ii) To reject any application for a fresh Deposit or for renewal without assigning any reason

iii) To repay the deposit prematurely before the due date.
Acceptance, renewal, and repayment of fixed deposit shall be subject to the Non–Banking Financial Companies Acceptance of Public Deposit (Reserve Bank) Direction, 1998, as mentioned from time to time.

Related articles

What Is A Commercial Vehicle? Types of Commercial Vehicle

As the name suggests, a commercial vehicle is used specifically for commercial purposes, of which transporting goods from one point to another is the prime priority. As we know, lakhs of businesses &#...

KNOW MORE

June 29, 2023

How-To-Use-Personal-Loans-For-Fitness

How To Use Personal Loans For Fitness And Wellness Goals

Introduction Investing in your health and wellness is crucial for a fulfilling life. However, the cost of gym memberships, fitness equipment, and wellness programs can be a barrier for many. Personal ...

KNOW MORE

September 12, 2024

Top Benefits Of A Used Car Loan

Are you dreaming of owning your car but worried about the costs? Buying a new car can be expensive, making it challenging to find one that fits your budget. But don’t worry, there’s a solu...

KNOW MORE

April 18, 2024