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
|

Why invest in fixed deposits (FD)?

mahindra-finance-author

by Mahindra Finance

|

December 22, 2023

|

1 mins read

FDs are one of the go-to investment options among investors in India for several reasons, including:

  • Anyone can invest in FD online, you need not have any financial knowledge.
  • It provides assured returns at fixed interest rate, making it an ideal investment choice for risk-averse investors.
  • The prevailing market conditions do not have any effect on the returns.
  • You can start investing in FD with as small an amount as Rs. 5000 and invest up to Rs.5 crore
  • If you are a senior citizen, you get higher returns
  • It is an excellent investment option to secure your retirement and achieve long-term goals
  • You can also invest in an FD and keep the amount as an emergency fund while allowing your savings to grow every year.

So, open an fixed deposit with Mahindra Finance, and enjoy all these benefits.

Related articles

What is Floating Rate Fixed Deposit?

Are you looking for a safe and reliable investment option that offers flexibility and the potential for higher returns? If so, a floating rate fixed deposit might be the right choice for you. In this ...

KNOW MORE

March 5, 2024

What-Happens-If-My-Personal-Loan-Becomes-NPA

What Happens If My Personal Loan Becomes NPA?

If you’ve taken out a personal loan, it’s crucial to understand the potential consequences if you find yourself unable to repay it.  While secured loans like home or car loans allow l...

KNOW MORE

July 1, 2024

Fixed-Deposit-for-Senior-Citizens- Higher-Interest-Rates-and-Benefits

Fixed Deposit for Senior Citizens: Higher Interest Rates and Benefits

Whether you are a salaried employee, self-employed, or a business owner, saving for your future must be one of your top financial goals as soon as you start working. But this doesn’t mean you must s...

KNOW MORE

July 15, 2024