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
|

 What are options for Renewal of a Cumulative Deposit Receipt?

mahindra-finance-author

by Mahindra Finance

|

June 22, 2023

|

1 mins read

An existing depositor can renew their deposit for either the Principal amount (interest accrued will be repaid) or alternatively the principal amount plus interest.

Related articles

How Much Home Loan Can You Get Based On Your Salary?

Are you planning to buy a home and wondering how much home loan can I get? Banks and financial institutions determine your eligibility for a home loan based on yoursalary. But how much home loan can y...

KNOW MORE

April 18, 2024

Important Factors That Affect Your Car Loan Interest Rates

Introduction Looking to buy your dream car? Whether it’s a sleek new model or a reliable used vehicle, understanding the factors that affect your car loan interest rates is crucial. The interest...

KNOW MORE

April 17, 2024

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