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What is the interest rate for senior citizen FD?

mahindra-finance-author

by Mahindra Finance

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December 7, 2023

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1 mins read

At Mahindra Finance, we offer a higher interest rate to senior citizen investors.

The fd interest rates for Senior citizens is higher by 0.25%. The interest rate you get depends on the interest payout term you choose. You can get the highest interest on your FD investment if you choose an annual interest payout.

Higher fixed deposit interest rate means the maturity value of your investment at the end of the investment term will be higher.

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