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 is Rs. 10 Lakh FD monthly interest?

mahindra-finance-author

by Mahindra Finance

|

February 29, 2024

|

1 mins read

The monthly interest on Rs. 10 lakh FD is the amount you earn from your investment. The interest rate varies from one NBFC to another, and it is fixed at the time when you open the FD account and deposit the money.

The interest rate on Rs. 10 FD will also vary based on the investment tenure and the interest credit period you choose. If you are looking to invest Rs. 10 in FD, you can open an FD account with Mahindra Finance and get a high interest rate of up to 7% per annum.

Related articles

Differences-Between-Gold-And-Fixed-Deposit

Gold Vs FD : What Are The Differences

Investing wisely is essential to achieve financial stability and growth. When it comes to investment choices, gold vs FD (fixed deposit) are two popular options that cater to different financial objec...

KNOW MORE

July 2, 2024

Best Mutual Funds to Invest in Based on Where You Are in Life

No matter what stage of life you are in, investing is a financially-prudent habit to cultivate. Financial investment entails making decisions like when to buy stocks, when to invest in FDs, the best t...

KNOW MORE

June 30, 2023

What Is The Monthly Interest On A 6 Lakh Fixed Deposit?

Are you thinking of investing in a fixed deposit to secure your savings and earn regular income? A fixed deposit (FD) is a popular investment option that provides stability, security, and consistent r...

KNOW MORE

May 23, 2024