When will the TDS certificate be dispatched?

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• What will be the address printed on the TDS Certificates?

  The address printed on the TDS certificate will be the address registered with PAN card authorities at the time when you had made an application for PAN

• Will a certificate be generated even if no tax has been deducted?

  Yes, a TDS certificate will be generated even for those cases where no tax has been deducted if the investor has submitted the Form 15G/H or submitted an Income Tax Exemption Certificate

• Will Mahindra Finance allow loan on deposit?

  A loan may be granted against Mahindra Finance Deposit up to 75% of the deposit amount. A loan will be given to any depositor who has a live fixed deposit which is more than 3 months old. The FDR will be marked with lien against the release of the ...

• What type of certificate do you get for the tax deducted at source and how is the certificate generated?

  For the tax deducted at source, tax deduction certificates in the prescribed form 16A, giving details of the interest remitted will be sent by Mahindra Finance on quarterly basis if the deposit is under monthly or quarterly scheme, half yearly basis ...

• Will the deposit be paid back in cash?

  No. Deposit will be paid back only to the corresponding bank account updated.