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

Differences-Between-Gold-And-Fixed-Deposit

Gold Vs FD : What Are The Differences

Investing wisely is essential to achieve financial stability and growth. When it comes to investment choices, gold vs FD (fixed deposit) are two popular options that cater to different financial objec...

KNOW MORE

July 2, 2024

When & How To Refinance Your Used Car Loan

Are you looking to save money or improve the terms of your used car loan? Refinancing could be the solution you need. By taking advantage of lower interest rates, improving credit scores, or adjusting...

KNOW MORE

May 13, 2024

What’s the difference between NSC and FD?

Two widely trusted investment options are Fixed Deposit (FD) and National Savings Certificate (NSC). Both are time-tested, come with low risk, and ensure steady returns for you in the long r...

KNOW MORE

June 30, 2023