login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
|

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

How to calculate EMI for car loan: A step-by-step guide

Buying a car is a dream for many. To fulfil this aspiration, many, who may not have enough savings to buy their dream car in cash, take car loans from banks by paying a small down payment. Such car ow...

KNOW MORE

February 7, 2024

Shaping Your Dreams: Wooden Handicraft Machinery with Mahindra Finance

Turning raw wood into exquisite pieces of art requires more than just skilled hands. It demands the right tools, and that’s where wooden handicraft machinery comes in. From precise cuts to smoot...

KNOW MORE

February 14, 2024

What Are the Advantages of Investing in Mutual Funds?

Shraddha is a 25-year-old IT professional drawing a good salary every month. She’s heard that getting a head start on investing can be useful. When she’s considering different options, a friend of...

KNOW MORE

June 30, 2023