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
|

Cancellation policy

mahindra-finance-author

by Mahindra Finance

|

June 22, 2023

|

1 mins read

1. The fund for investment should be received from the first holder account/joint account.

2. In case the funds are received from a third party, upon identifying the source of funds the refund will be processed in the same bank account on or before 7 working days without interest.

3. If the KYC documents are incomplete, the forms will be rejected, and the amount will be returned within 30 days without interest

4. Company reserves the rights:

i) To waive or vary the terms & conditions.

ii) To reject any application for a fresh Deposit or for renewal without assigning any reason

iii) To repay the deposit prematurely before the due date.
Acceptance, renewal, and repayment of fixed deposit shall be subject to the Non–Banking Financial Companies Acceptance of Public Deposit (Reserve Bank) Direction, 1998, as mentioned from time to time.

Related articles

How To Maximise Your Savings This Durga Puja With Mahindra Finance’s Fixed Deposits

Durga Puja is not only a time for celebration but also an ideal opportunity to give your savings a boost. With the right investment strategy, you can maximise your returns and secure your financial fu...

KNOW MORE

October 10, 2024

Top Benefits Of A Used Car Loan

Are you dreaming of owning your car but worried about the costs? Buying a new car can be expensive, making it challenging to find one that fits your budget. But don’t worry, there’s a solu...

KNOW MORE

April 18, 2024

Shaping Your Dreams: Wooden Handicraft Machinery with Mahindra Finance

Turning raw wood into exquisite pieces of art requires more than just skilled hands. It demands the right tools, and that’s where wooden handicraft machinery comes in. From precise cuts to smoot...

KNOW MORE

February 14, 2024