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What is the minimum amount required to start an FD?

mahindra-finance-author

by Mahindra Finance

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December 11, 2023

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1 mins read

At Mahindra Finance, we offer FD for all salaried employees or self-employed individuals. You can start an FD with an amount as small as Rs. 5000. It is the minimum amount required. But it is better to invest a higher amount to suit your capacity; you can invest up to Rs. 25 crore.

The higher the amount you invest, the higher the maturity value. Apart from giving you the flexibility in choosing the investment amount, we also allow you to choose your own investment term. You can invest for 12 or 60 months, i.e., 5 years.

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