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- At Mahindra Finance, we offer attractive FD interest rates, up to 8.10% p.a. The interest rate varies based on the investment amount, investment tenure, and the interest payout interval you choose.
www.mahindrafinance.com/investment/fixed-deposit
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Does Mahindra Finance offer FD interest rates?
What are Mahindra Finance fixed deposit rates?
Does Mahindra Finance offer fixed deposit rates for senior citizens?
Are Mahindra Finance fixed deposits safe?
Mahindra Finance offers high-interest rates on Fixed Deposits (FDs) in India, up to 8.05% p.a. Senior citizens FD interest rates are 0.25% p.a. higher for Samruddhi Deposits and 0.10% p.a. higher for Dhanvruddhi Deposits up to Rs. 5 crores only.
At Mahindra Finance, you get a high-interest rate of up to 8.05%. You can easily know the exact monthly interest amount you can get on your deposit using the FD interest rate calculator from our website. Monthly Interest on Rs. 10 Lakh FD for Senior Citizens.
- Types of Mahindra Finance FD Schemes
- Features of Mahindra Finance FD
- Loan Against Fixed Deposit
- Premature Withdrawal of Fixed Deposits
Dhanvruddhi Scheme (for both cumulative & non-cumulative deposits) wherein deposits can be opened through online mode onlySamruddhi Scheme (for both cumulative & non-cumulative deposits) wherein FD can be opened through physical and online modeMinimum deposit amount: Rs 5,000Depositors can either opt for monthly, half-yearly, quarterly or yearly interest pay-out options under non-cumulative schemeDepositor also have the option of receiving interest pay-out at maturityCumulative deposits are compounded annuallyDepositor can avail loan against 75% of the deposit amountThe interest rate charged would be 2% p.a. above the FD interest rate and any other charges as applicable on depositsFD should have run for a minimum tenure of 3 monthsMinimum FD amount: Rs 5,000Fixed deposit cannot be prematurely withdrawn for 3 months from the date of depositIn case FD is pre-closed between 3 months to 6 months from the date of FD opening, only the principal amount will be paid. No interest will be credited to the savings/current account of the depositorIf a fixed deposit is pre-closed after 6 months but before maturity, the interest rate is 2% lower than the applicable interest rate. The applicable interest rate is for the tenure for which FD has...Mahindra Finance FD Rates 2024. Mahindra Finance fixed deposit rates depend on the type of scheme chosen. For cumulative FDs, the interest rate varies between 5.7% to 6.45% for a tenure of 12 months to 60 months. Also, for senior citizens, they offer an additional interest rate of 0.25%.
Mahindra Finance Limited FD Interest Rate 2023. Apply online in 4 easy steps. SETUP FD ACCOUNT. Setup your FD Account online by submitting your KYC documents. ENTER FD DETAILS. Select amount, tenure and interest payout i.e. regularly or on maturity. MAKE PAYMENT. Make payment using Netbanking, debit card or UPI. FD IS BOOKED. Your FD will be booked