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
|

Can I get monthly interest on my fixed deposit?

mahindra-finance-author

by Mahindra Finance

|

December 7, 2023

|

1 mins read

Yes, you can get a monthly interest payout on the fixed deposit account. At Mahindra Finance, we offer all investors the most attractive fixed deposit interest rates in India. If you are a regular investor and choose to get a monthly interest payout, the current fixed deposit interest rate is 8.10%. And, if you are a senior citizen, the interest you receive is 0.25% more than the fd rate

If you choose a quarterly interest payout term, the interest rate for regular investors and senior citizens might differ. The fixed deposit interest rates in India are even higher with annual payout.

Related articles

What are Debt Funds?

What are Debt Funds? Holding on to a day job and also managing one’s investments can be challenging for the best of us. Deciding on where, when and how much to invest can mean hours of research that...

KNOW MORE

June 30, 2023

Top Success Formulas for Small Businesses

You do not need a complex solution to achieve success in business. Success comes from mastering the fundamentals of the business and understanding the point of view of the consumers. In order to run a...

KNOW MORE

June 30, 2023

Factors To Consider Before Choosing Used Car Loan Tenure

Introduction Are you planning to buy a used car? Due to their convenience and affordability, used cars have become increasingly popular choices in India. However, buying a car, whether new or used, of...

KNOW MORE

July 4, 2024