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

6 Reasons to Open a Fixed Deposit

Depositing additional funds are always welcomed by any bank, but, you as a customer are always muddled whether to store it in a Savings Account or a Fixed Deposit (FD) account. A head-on comparison be...

KNOW MORE

June 29, 2023

How To Get A Car Loan In India?

Today, buying a car is easy due to the ready availability of car loans. However, you might be wondering ‘how to get a car loan?’. A car loan facility disburses a certain amount of mo...

KNOW MORE

June 29, 2023

Tips To Reduce Your Car Loan EMI

Buying a car is an exciting milestone in life, but the burden of a high car loan EMI due to a high car loan interest rate can dampen the joy. The good news is that there are several ways you can reduc...

KNOW MORE

April 17, 2024