Are there any special rates applicable for specific category of applicants?

Yes, the below given specific categories of applicants will be eligible for additional rate of interest benefit.

1. Senior Citizen ( i.e persons more than 60 years of age ,subject to submission of proof of age) will get additional interest rate benefits upto 0.25% p.a. on Samruddhi deposits & 0.25% on Dhanvruddhi Deposits for investments upto Rs.50 Lakhs.

2. Employees / Employees’ relatives and Retired Employees / Employees’ relatives will get additional rate of 0.35% p.a. for Samruddhi deposits upto Rs. 50 lakhs. (All Mahindra Group Company Employees). Government approved proof documents to be furnished & Employee must be the second applicant).