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
|

Is there a different fixed deposit interest rate calculator for senior citizens and tax-saving FD schemes?

mahindra-finance-author

by Mahindra Finance

|

December 11, 2023

|

1 mins read

No matter if you are a senior citizen and want to invest in FD, you must be aware that there is no different FD rate calculator. The tool is easy to use and can be used by anyone.

To know the interest earned and the maturity value, you just have to enter a few details the interest rate, the investment tenure, and investment amount. As soon you enter the details, you can see the results within a couple of minutes.

Also, in terms of a different tax-saving FD scheme, there is no such scheme at Mahindra Finance. But we do offer a higher interest rate for senior citizens fd.

Related articles

What-is-a-top-up-home-loan-and-how-this-works

What Is A Top Up Home Loan And How It Works?

Owning a home is a dream for many, and getting a home loan is often the first step towards making that dream a reality. But what happens when you need additional funds to furnish your home, renovate i...

KNOW MORE

August 29, 2024

How To Get A Business Loan For A Franchise Business?

Starting a franchise business can be an exciting opportunity, but securing financing is a crucial consideration. Many aspiring entrepreneurs wonder if getting a business loan specifically tailored for...

KNOW MORE

April 17, 2024

The Rise Of Online FDs: A Guide To Investing In Fixed Deposits Online

In today’s digital age, convenience is key. From shopping to banking, everything is just a click away. And now, even investing in fixed deposits (FDs) has become easier with the advent of online...

KNOW MORE

February 23, 2024