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

What is Top-Up Fixed Deposit (FD) & Benefits Of Top-Up FD

Introduction If you’re looking for a safe and reliable investment option in India, Fixed Deposits (FDs) are an excellent choice. They offer steady returns and security for your hard-earned money...

KNOW MORE

April 26, 2024

The Role Of Fixed Deposits In Retirement Planning

Retirement planning is a crucial aspect of financial management. It requires careful consideration and strategic investment choices to ensure a financially secure future. Out of various investment opt...

KNOW MORE

April 17, 2024

Top 5 Government Business Loan Schemes in India

Running a business requires a constant flow of funds, just like we need the right amount of food and nutrition to survive. While banks offer business loans, the Indian government has also taken effect...

KNOW MORE

April 10, 2024