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 is the minimum amount required to start an Fixed Deposit?

mahindra-finance-author

by Mahindra Finance

|

December 11, 2023

|

1 mins read

At Mahindra Finance, we offer Fixed Deposit for all salaried employees or self-employed individuals. You can start an Fixed Deposit with an amount as small as Rs. 5000. It is the minimum amount required. But it is better to invest a higher amount to suit your capacity; you can invest up to Rs. 25 crore.

The higher the amount you invest, the higher the maturity value. Apart from giving you the flexibility in choosing the investment amount, we also allow you to choose your own investment term. You can invest for 12 or 60 months, i.e., 5 years.

Related articles

Why Vishwakarma Puja Is The Best Time To Upgrade Your Machinery

As an entrepreneur, you know the festive season, especially around Vishwakarma Puja, is the busiest time of the year. Consumer demand spikes, and you need to ramp up production to meet the surge in or...

KNOW MORE

October 10, 2024

Top Things To Know About An SME Loan Agreement

Running a successful business requires adequate financing. However, for many individuals, accessing funds can be a challenge. This is where SME loans come into play. One has to sign a business loan ag...

KNOW MORE

April 11, 2024

6-Tips-For-Managing-Multiple-Personal-Loans

6 Tips For Managing Multiple Personal Loans

Managing multiple personal loans can be overwhelming, but with the right strategies in place, you can navigate this financial challenge effectively. Whether you are a small business owner, a farmer, o...

KNOW MORE

August 13, 2024