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 interest on Rs. 5 Lakh FD for 1 year?

mahindra-finance-author

by Mahindra Finance

|

February 29, 2024

|

1 mins read

The interest rate you get on Rs. 5 Lakh FD for 1 year may vary based on the interest rate set by the bank or NBFC where you open the fixed deposit account. At Mahindra Finance, we offer the best interest rate on FDs for all, starting from 7.20% per annum. If you are a senior citizen, you get a 0.25% higher interest rate.

Related articles

What are Debt Funds?

What are Debt Funds? Holding on to a day job and also managing one’s investments can be challenging for the best of us. Deciding on where, when and how much to invest can mean hours of research that...

KNOW MORE

June 30, 2023

Creating A Repayment Plan For Your Home Loan

Creating A Repayment Plan For Your Home Loan

Managing the repayment of a home loan can be challenging, but with careful planning and strategic decision-making, you can navigate this financial journey successfully. By creating a repayment plan fo...

KNOW MORE

August 27, 2024

21 Small Business Ideas with Low Investment

Starting a business is a dream for many, but the lack of capital often poses a significant challenge. However, there are numerous small business ideas that require minimal investment, making it easier...

KNOW MORE

April 25, 2024