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

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

5 Tips To Get The Best Deal On Used Car Loans

Are you considering buying a pre-owned car? Not only are they more affordable than brand-new cars, but they also offer good quality and reliability. However, it’s essential to ensure that you ge...

KNOW MORE

May 23, 2024

Unleashing Precision: Punching Machines, Their Potential | Mahindra Finance

In the realm of metalworking, where precision reigns supreme, punching machines stand as champions of efficiency and accuracy. These versatile tools pierce, blank, nibble, and form sheet metal into in...

KNOW MORE

February 14, 2024