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
|

How does the Mahindra Finance fixed deposit interest calculator work?

mahindra-finance-author

by Mahindra Finance

|

December 11, 2023

|

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

Related articles

5 Ways To Secure A MSME Loan Without Collateral

Starting or expanding a business requires access to capital, and for many micro, small, and medium enterprises (MSMEs), securing funds can be challenging, especially if they do not have collateral to ...

KNOW MORE

April 10, 2024

Overcoming-financial-hurdles-Personal-loans-for-medical-emergencies

Emergency Personal Loans For Medical Needs -Overcoming Financial Hurdles

Medical emergencies can be financially draining, especially when they occur unexpectedly. The rising cost of healthcare often leaves individuals struggling to arrange funds for necessary treatments. I...

KNOW MORE

July 2, 2024

Financing-Your-Dream-Home-Loan-For-Resale-Flats

Home Loan For Resale Flats: Financing Your Dream

Owning a home is a dream shared by many Indians, and purchasing a resale flat can be an excellent way to turn that dream into reality. However, most of us require financial assistance in the form of a...

KNOW MORE

July 1, 2024