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 rate of interest chargeable for loans?

mahindra-finance-author

by Mahindra Finance

|

June 22, 2023

|

1 mins read

The loan interest will be charged 2% per annum above the contracted rate shown on the Term Deposit Receipt (TDR)

Related articles

AFinancial Wellness for Couples: Joint Fixed Deposits and Shared Investment Goals

When it comes to managing finances as a couple, finding the right strategy is crucial for a harmonious and secure future. One approach that offers numerous benefits is opening a joint FD account. In t...

KNOW MORE

March 4, 2024

How To Save Tax On FD Interest?

Are you looking for ways to save tax on FD interest? You’re not alone. Many individuals are eager to reduce their tax liabilities and maximise their savings. In this guide, we will explore pract...

KNOW MORE

March 5, 2024

Things to Consider While Availing a Commercial Vehicle Loan

A commercial vehicle loan is available to any individual or organization, which is planning to buy a commercial vehicle. These loans are often costlier compared to personal vehicles; hence, ...

KNOW MORE

June 29, 2023