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
|

Do I need to visit branch or submit the Fixed Deposit receipt to receive the proceeds on maturity?

mahindra-finance-author

by Mahindra Finance

|

December 20, 2023

|

1 mins read

Fixed deposit for senior citizen: No need to visit the branch or discharge the FDR receipt; FD proceeds will be directly credited to depositors account registered at the time of maturity in case of auto repayment option.

Related articles

7 Most Common Car Loan Mistakes To Avoid

Introduction: Buying a car can be an exciting milestone in one’s life. However, it can also be a costly affair, especially if you don’t plan your finances well. That’s where a car lo...

KNOW MORE

April 26, 2024

SME Loans: The Role Of Government Initiatives In Supporting Indian SMEs

Small and medium-sized enterprises (SMEs) are the backbone of India’s economy, contributing significantly to its GDP and employment. However, accessing formal credit has been a challenge for the...

KNOW MORE

July 24, 2024

What is Floating Rate Fixed Deposit?

Are you looking for a safe and reliable investment option that offers flexibility and the potential for higher returns? If so, a floating rate fixed deposit might be the right choice for you. In this ...

KNOW MORE

March 5, 2024