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
|

Why invest in fixed deposits (FD)?

mahindra-finance-author

by Mahindra Finance

|

December 22, 2023

|

1 mins read

FDs are one of the go-to investment options among investors in India for several reasons, including:

  • Anyone can invest in FD online, you need not have any financial knowledge.
  • It provides assured returns at fixed interest rate, making it an ideal investment choice for risk-averse investors.
  • The prevailing market conditions do not have any effect on the returns.
  • You can start investing in FD with as small an amount as Rs. 5000 and invest up to Rs.5 crore
  • If you are a senior citizen, you get higher returns
  • It is an excellent investment option to secure your retirement and achieve long-term goals
  • You can also invest in an FD and keep the amount as an emergency fund while allowing your savings to grow every year.

So, open an fixed deposit with Mahindra Finance, and enjoy all these benefits.

Related articles

Secure Your Future With Fixed Deposit Investments In Rural & Semi-Urban India

In today’s fast-paced world, financial stability is essential for individuals and communities. For those living in rural and semi-urban areas of India, access to reliable investment options that...

KNOW MORE

February 23, 2024

What-to-Do-If-You-Miss-a-Car-Loan-Payment

What To Do If You Miss A Car Loan Payment?

Introduction Owning a car is a dream for many, and car loans have made it possible for people to afford their dream cars by spreading the cost over an extended period. However, life is full of uncerta...

KNOW MORE

July 5, 2024

Is-Fixed-Deposit-Interest-Taxable

Is Fixed Deposit Interest Taxable?

In India, several people across all groups and income categories prefer investing in an FD (fixed deposit) scheme. It is considered the safest and most reliable investment option for a good reason. It...

KNOW MORE

July 16, 2024