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How does the Mahindra Finance fixed deposit interest calculator work?

mahindra-finance-author

by Mahindra Finance

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December 11, 2023

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1 mins read

The working of Mahindra Finance fixed deposit interest calculator is the same as the other similar calculators you may have used.

Our calculator has a simple interface and is extremely easy to use. People of all groups can use it even if they have no prior experience. Our FD rate calculator uses the most advanced algorithm to provide accurate and reliable results.

To use the calculator, you just have to enter the following details -

  • Investor type - senior citizen or not (senior citizen FD rate is 0.25% higher)
  • Investment amount - you can invest any amount from Rs. 5000 to Rs. 25 crore
  • Investment tenure - you can choose the period between 12 and 60 months
  • Interest payout term - you can choose when you want to receive the interest - monthly, quarterly, half-yearly or annually

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