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

Signing-a-personal-loan-with-a-co-signer

Signing A Personal Loan With A Co-Signer: Important Factors To Consider

Are you considering taking out a personal loan but worried about your credit score or approval? Well, signing for a personal loan with a cosigner might just be the solution you need. People opt for a ...

KNOW MORE

August 13, 2024

Five Steps to get Car Loan with Minimum Documents

Owning a car is not just about transportation, it represents unity, convenience, and cherished memories with loved ones. But what if you need a car loan without income proof? Many individuals face thi...

KNOW MORE

April 11, 2024

21 Small Business Ideas with Low Investment

Starting a business is a dream for many, but the lack of capital often poses a significant challenge. However, there are numerous small business ideas that require minimal investment, making it easier...

KNOW MORE

April 25, 2024