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
|

Customer opted to pay the EMI but still his PDC was not presented for deduction on due date. Why did that happen and what to do?

mahindra-finance-author

by Mahindra Finance

|

June 23, 2023

|

1 mins read

Because of lockdown, containment zones/ sealed areas might affect operations of MMFSL and hence PDC might not have been presented. Customers are encouraged to use MMFSL customer app to make the payment online. If not, then the PDC will be presented as soon as offices open. No penal charges will be levied for such cases.

If restrictions are lifted, but still PDC is not presented, please contact MMFSL representative immediately.

Related articles

What Are The Tax Benefit On A Business Loan?

Running a business involves numerous expenses and financial obligations. One way to ease the burden on your finances and save money is by taking advantage of business loan tax benefits. Yes, you heard...

KNOW MORE

April 11, 2024

What-Is-The-Monthly-Interest-On-Rs-30-Lakh-Fixed-Deposit

What Is The Monthly Interest On Rs 30 Lakh Fixed Deposit?

Are you considering investing in a fixed deposit (FD) of Rs 30 lakh and wondering how much interest you can earn on this investment monthly?  Fixed deposits are a popular choice for secure and st...

KNOW MORE

August 26, 2024

Mahindra Finance_ What are mutual funds?

Why invest in mutual funds? A brief overview of what are Mutual Funds and Their Benefits Why invest in mutual funds? Here’s a brief overview of what they are, different types of good mutual funds an...

KNOW MORE

June 30, 2023