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 the interest on Rs. 5 Lakh FD for 1 year?

mahindra-finance-author

by Mahindra Finance

|

February 29, 2024

|

1 mins read

The interest rate you get on Rs. 5 Lakh FD for 1 year may vary based on the interest rate set by the bank or NBFC where you open the fixed deposit account. At Mahindra Finance, we offer the best interest rate on FDs for all, starting from 7.20% per annum. If you are a senior citizen, you get a 0.25% higher interest rate.

Related articles

How-To-Apply-For-A-Car-Loan-For-Grand-Vitara

How To Apply For A Car Loan For Grand Vitara

If you’ve been eyeing the Maruti Grand Vitara and dreaming of owning this stylish SUV, you’re not alone. With its impressive Grand Vitara NCAP rating, spacious interiors, hybrid powertrain...

KNOW MORE

June 19, 2024

What-are-CERSAI-Charges-Facts-You-Probably-Didnt-Know

What Are CERSAI Charges? Facts You Probably Didn’t Know

Introduction If you’ve ever taken a loan or secured an asset, you may have come across the term “CERSAI charges.” But what exactly are these charges, and why are they important? In this blog...

KNOW MORE

July 1, 2024

Fixed deposit features

One of the advantages of starting a fixed deposit (FD) is that it’s a safe way to invest. It also ensures the steady growth of your savings. What’s more, it is very easy to get started &...

KNOW MORE

June 30, 2023