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
|

My shares are held in joint names. Are the joint holders nominees to the shares?

mahindra-finance-author

by Mahindra Finance

|

July 21, 2023

|

1 mins read

Joint holders are not nominees. They are joint holders of the relevant shares. In the event of death of any one of the joint holders, the surviving joint holder/s of the shares is/are the only person/persons recognized by the Company as the holders of the shares.

Related articles

FD vs RD: Which One Should You Choose?

FD vs RD: Which One Should You Choose? | Mahindra Finance Fixed Deposit(FD) and Recurring Deposit (RD) are the two most common investment options in India. They both provide the benefit of steady retu...

KNOW MORE

June 30, 2023

What Is A Home Loan? Meaning, Benefits & Importance

Owning a home is a dream for many individuals and families. However, the high cost of real estate often makes it challenging to fulfil this dream without financial assistance. This is where home loans...

KNOW MORE

February 5, 2024

Fixed Deposit Vs Investment Bonds – Where To Invest?

Introduction If you’re looking for secure investment options with low risk, fixed deposits (FDs) and investment bonds are worth considering. Both options offer stable returns, but they have dist...

KNOW MORE

April 26, 2024