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
|

My shares are held in joint names. Are the joint holders nominees to the shares?

mahindra-finance-author

by Mahindra Finance

|

July 21, 2023

|

1 mins read

Joint holders are not nominees. They are joint holders of the relevant shares. In the event of death of any one of the joint holders, the surviving joint holder/s of the shares is/are the only person/persons recognized by the Company as the holders of the shares.

Related articles

What Is Balloon Payment For Car Loan

Introduction While exploring various car loan options and ways to finance your car purchase, you might come across the term ‘balloon payment for car loan.’ But what does this actually mean? Is it ...

KNOW MORE

May 13, 2024

How Fixed Deposits Support Small Business Growth

Starting and expanding a small business requires financial support. As an entrepreneur, you may be wondering about the best financing options available to you. One such option that can provide stabili...

KNOW MORE

March 4, 2024

Senior Citizen Fixed Deposit: Maximizing Returns with Senior Citizen FD Rates

As we grow older, it becomes crucial to plan our finances in a way that ensures a secure future, especially during our post-retirement years. Investing in a manner that offers stable returns with mini...

KNOW MORE

February 23, 2024