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
|

What is National Automated Clearing House (NACH)?

mahindra-finance-author

by Mahindra Finance

|

July 21, 2023

|

1 mins read

Under this system, you can receive your dividend electronically by way of direct credit to the registered bank account with DP/Company/RTA. This expedites payment through credit to your account compared to dividend warrants in the physical form.

Related articles

Types of Vehicle Loans Available in India

Buying a car of your own is a ‘dream come true’! When you are young, owning your first car can be identified as a symbol of success. However, purchasing a vehicle is not a cheap affair. If you hav...

KNOW MORE

June 29, 2023

How To Write A Personal Loan Application Letter

How To Write A Personal Loan Application Letter

Are you in need of a personal loan but unsure how to approach the process of applying for a loan or how to write an application for a loan? Don’t worry! Writing a compelling loan request letter ...

KNOW MORE

August 27, 2024

Importance-of-collateral-in-SME-business-loans

Collateral Business Loans: How They Can Help Your SME Grow

Running a small or medium-sized enterprise (SME) comes with its unique set of challenges. One such challenge is securing funds to grow and sustain a business. This is where collateral business loans c...

KNOW MORE

June 17, 2024