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’s repayment mode is Cash but nobody collected it from customer on due date. Why did this 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 branches. In such a case, after restrictions are lifted, customer can visit MMFSL branch office or can ask the representative to come for collection. No penal charges will be levied if payment is done within seven days (7 days) of restrictions being lifted.

Related articles

Unsecured Business Loans: The Complete Guide

Are you a business owner looking for a financial boost to take your venture to the next level? Unsecured business loans could be the solution you need. These loans provide the flexibility to grow your...

KNOW MORE

April 22, 2024

Factors That Influence Business Loan Interest Rates

One of the most important factors when applying for a business loan is the interest rate. The interest rate determines the cost of borrowing and can significantly impact your ability to repay the loan...

KNOW MORE

May 13, 2024

What are SIPs

What are systematic investment plans or SIP schemes? Here’s a brief overview of what they are, different types of SIP funds and benefits of investing in SIPs SIP schemes are one of the most popular ...

KNOW MORE

June 30, 2023