Mahindra Finance is one of the most reputed financial institutions offering high FD rates in India, known for offering the most attractive fd interest rates. At, Mahindra Finance, the current fixed deposit rates for a regular investor (not a senior citizen) goes up to 7%.
The latest fixed deposit rates offered by Mahindra Finance to senior citizens is 0.25% higher. You can get a higher interest rate on your FD if you opt for an annual interest payout.
A higher interest rate naturally means you get higher returns on your investment, and the maturity value increases accordingly.
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