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

Factors That Influence Fixed Deposit Interest Rates

When it comes to investing your hard-earned money, Fixed Deposits (FDs) are a popular choice among Indians. FDs offer the security of guaranteed returns over a fixed tenure, making them an attractive ...

KNOW MORE

February 23, 2024

5 Tips To Get The Best Deal On Used Car Loans

Are you considering buying a pre-owned car? Not only are they more affordable than brand-new cars, but they also offer good quality and reliability. However, it’s essential to ensure that you ge...

KNOW MORE

May 23, 2024

What-are-CERSAI-Charges-Facts-You-Probably-Didnt-Know

What Are CERSAI Charges? Facts You Probably Didn’t Know

Introduction If you’ve ever taken a loan or secured an asset, you may have come across the term “CERSAI charges.” But what exactly are these charges, and why are they important? In this blog...

KNOW MORE

July 1, 2024