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
|

When is the unclaimed/ unpaid amount transferred to the IEPF Fund?

mahindra-finance-author

by Mahindra Finance

|

July 21, 2023

|

1 mins read

Pursuant to section 124(5) of Act, 2013, a company shall transfer any amount lying in the Unpaid Dividend Account for 7 years along with interest accrued, if any, thereon to the Fund.

Related articles

The Inflation Challenge: Strategies For Maximizing Fixed Deposit Returns

Inflation is a force that affects every aspect of our lives, including our finances. It erodes the purchasing power of our money over time, making it essential to find ways to maximise our returns and...

KNOW MORE

March 4, 2024

Understanding-Credit-Score-Ranges-What-Each-Score-Means

Understanding Credit Score Range: What Each Score Means

Introduction Your credit score is a crucial factor in determining your financial health. It represents your creditworthiness and can have a significant impact on your ability to secure loans, get favo...

KNOW MORE

July 10, 2024

5 Important Things To Consider Before Applying For A Car Loan

Buying a car is a significant decision that requires careful consideration. Many people opt for a car loan to finance their vehicle purchase, but before you apply for a car loan, there are several imp...

KNOW MORE

April 26, 2024