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 are the benefits of Mahindra Finance fixed deposit (FD)?

mahindra-finance-author

by Mahindra Finance

|

December 15, 2023

|

1 mins read

Mahindra Finance is one of the leading NBFCs in India that offers a variety of Fixed Deposit schemes to all. You can open an FD account with us and enjoy a range of FD benefits, including:

  • High interest rate – One of our fixed deposit benefits is that we offer the most competitive fixed deposit interest rate to all. If you choose an annual interest pay out term, you can get an interest up to 7%.
  • Flexible Tenure – You can choose to invest in a Fixed Deposit amount for any duration you like from 12 to 60 months, to suit your needs. The longer you stay invested, the higher will be the maturity value. Also, you can open an FD account with an amount as small as Rs. 5000 and invest up to Rs. 25 crore
  • Choose your own interest payout term – One of the advantages of fixed deposit account is that you can choose the payout term as you like, it can be monthly, quarterly, half-yearly or annually.

Related articles

What are hybrid funds?

What are mutual funds? Mutual funds are professionally managed funds that invest into multiple assets financial instruments such as stocks and bonds. Mutual funds usually charge a fee for holding...

KNOW MORE

June 30, 2023

What Is The Effective Yield In Fixed Deposits?

If you’re considering investing in a fixed deposit (FD), you’ve probably come across terms like “effective yield” and “annualised yield.” While the interest rate mentioned by banks...

KNOW MORE

March 1, 2024

Revolutionize Your Sorting Process with Sortex Machines: A Guide | Mahindra Finance

In today’s fast-paced world, efficiency and precision are paramount. This holds true across industries, from agriculture and food processing to pharmaceuticals and recycling. And when it comes t...

KNOW MORE

February 14, 2024