The minimum amount that you can invest in a fixed deposit account varies from one financial institution to another. At Mahindra Finance, we accept investors to open a FD account with an amount as small as Rs. 5000.
You have the flexibility to invest any amount as you want up to Rs. 5 crore. Also, you have the freedom to choose the investment tenure; the maximum period is five years, after which you can renew the account and continue growing your savings.
The most significant benefit of FD is that it carries zero risk and gives you assured returns, allowing you to plan your finances better.
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