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

Business Cash Flow Management – How SMEs Can Ace It

Cash flow management is critical for every organization; it holds even greater significance for startups and MSMEs due to their often limited financial resources. For these entities, effective cash fl...

KNOW MORE

April 17, 2024

How To Use Your Business Loan To Expand Your Business?

Are you an entrepreneur with big dreams of expanding your business? Do you have ideas for growth but lack the necessary funds to make them a reality? You’re not alone. Many small business owners...

KNOW MORE

April 10, 2024

What are Tax Saving Mutual Funds?

What Are Mutual Funds? Mutual Funds can seem very complex, and therefore, we are here to break that myth and help you understand this simple yet powerful investment option better so you can speed up y...

KNOW MORE

June 30, 2023