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
|

If the deceased family member who held shares in his/her own name (single) leaves a Will, how do the legal heir/s get the shares transmitted in their names?

mahindra-finance-author

by Mahindra Finance

|

July 21, 2023

|

1 mins read

The legal heirs are required to get the Will probated by the High Court/District Court of competent jurisdiction and then send us a probated copy of the Will. This should be accompanied by a relevant schedule/annexure setting out the details of the shares, the relevant share certificates in original, the transmission form for transmission, self attested pan card and address proofs of all the claimants.

Related articles

What Is The Impact Of Late Personal Loan Payments On Your CIBIL Score?

A personal loan’s late payment can have a significant impact on your creditworthiness, affecting your CIBIL score. Your credit score reflects your ability to repay loans based on your credit his...

KNOW MORE

May 23, 2024

How To Save Tax On FD Interest?

Are you looking for ways to save tax on FD interest? You’re not alone. Many individuals are eager to reduce their tax liabilities and maximise their savings. In this guide, we will explore pract...

KNOW MORE

March 5, 2024

How to Get a Loan against Vehicle

Getting a personal loan against your assets is a very common practice. One of the securities you can use is your vehicle. If you are going through some financial difficulties then maintaining a car ca...

KNOW MORE

June 29, 2023