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
|

 What are options for Renewal of a Cumulative Deposit Receipt?

mahindra-finance-author

by Mahindra Finance

|

June 22, 2023

|

1 mins read

An existing depositor can renew their deposit for either the Principal amount (interest accrued will be repaid) or alternatively the principal amount plus interest.

Related articles

6 Reasons to Open a Fixed Deposit

Depositing additional funds are always welcomed by any bank, but, you as a customer are always muddled whether to store it in a Savings Account or a Fixed Deposit (FD) account. A head-on comparison be...

KNOW MORE

June 29, 2023

Guide On How To Withdraw Money From FD After Maturity

If you’ve recently had a fixed deposit mature, you might be wondering how to access your funds. The good news is that withdrawing money from a fixed deposit after maturity is a straightforward p...

KNOW MORE

February 23, 2024

Top-6-Ways-To-Boost-Your-MSME-Loan-Eligibility

Top 6 Ways To Boost Your MSME Loan Eligibility

Introduction Securing an MSME loan is a significant step for small and medium-sized enterprises looking to scale or sustain their operations. By enhancing your SME loan eligibility, you can unlock mor...

KNOW MORE

July 1, 2024