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
|

Is there a different fixed deposit interest rate calculator for senior citizens and tax-saving FD schemes?

mahindra-finance-author

by Mahindra Finance

|

December 11, 2023

|

1 mins read

No matter if you are a senior citizen and want to invest in FD, you must be aware that there is no different FD rate calculator. The tool is easy to use and can be used by anyone.

To know the interest earned and the maturity value, you just have to enter a few details the interest rate, the investment tenure, and investment amount. As soon you enter the details, you can see the results within a couple of minutes.

Also, in terms of a different tax-saving FD scheme, there is no such scheme at Mahindra Finance. But we do offer a higher interest rate for senior citizens fd.

Related articles

4 Critical Key Business Metrics You Should Consider As A Business Owner

Running a successful business requires more than just hard work and determination. It requires a deep understanding of your business’s performance and the ability to identify areas for improveme...

KNOW MORE

April 10, 2024

Tips-to-reduce-the-principal-amount-of-your-home-loan

Tips To Reduce The Principal Amount Of Your Home Loan

Owning a home is a dream for many of us. However, repaying a home loan can be a long and daunting process. It’s essential to reduce the home loan principal amount as much as possible to save on ...

KNOW MORE

June 28, 2024

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