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Fixed Deposit (FD) Interest Rates

Secure your future with India’s most popular investment product – Fixed Deposits. With highest-safety, high-interest rates, flexible interest pay-outs, and varied tenures, you can plan with confidence and book your Fixed Deposit today. Say goodbye to financial worries and hello to a brighter tomorrow with Mahindra Finance FDs! Fixed Deposit rates w.e.f 22nd May 2026. Select a Scheme to View the Interest rate

Choose the scheme to see interest rate
Period (Months) Minimum Amount (Rs). Amount Payable (Rs.) Interest p.a. * ‡ $ (Yearly)
12 5000 5330 6.60%
18 5000 5,506 6.60%
24 5000 5,708 6.85%
30 5000 5,904 6.85%
36 5000 6,194 7.40%
42 5000 6,423 7.40%
48 5000 6,665 7.45%
60 5000 7,161 7.45%
  • *Senior Citizens will be eligible for an additional interest rate of 0.35% p.a. for tenures of 36 months and above, and 0.25% p.a. for tenures below 36 months for Deposits up to ₹5 Crore only. (Rates w.e.f. 22nd May 2026.)
  • 0.05% additional interest rate will be applicable on Renewals of Public and Senior citizen deposits Upto ₹5 Crore.
  • # The Non-Cumulative interest will be paid through NACH/NEFT. The date for interest payment will be, for Half yearly on 30th September and 31st March, for Quarterly on 30th June, 30th September,31st December and 31st March, for Yearly on 31st March and for Monthly on the last working day of the month. If the deposit is made within a period of 1 month prior to any of the payout date, the interest of part period will be paid on the next interest payment date without any deferral interest for the broken period.
  • $ Compounded Annually-In case of Cumulative Deposits, Interest is compounded before deduction of Tax.
  • Bulk Fixed Deposit rates Above 5 Crore is subject to change frequently & the applicable rates shall be published in our website time to time. Depositors are requested to check the rate details while investing in Mahindra Finance Fixed Deposits.‘For any enquiries related to bulk deposits, kindly get in touch with the Relationship Manager at your nearest branch.
  • To Know More Details For Deposits Above Rs. 5 Crore, Please write to [email protected]
  • Cumulative and Non-Cumulative Deposits: Applications can be submitted physically or through online mode.
  • ‡ Employees/Employees’ relatives and Retired Employees/Retired Employees’ relatives will get an additional rate of 0.35% p.a for tenures of 12 ,24, 36, 48 and 60 months on deposits up to ₹5 Crore only. (All Mahindra Group). Employee benefit and Senior citizen benefit cannot be availed together.Government approved relationship proof documents to be furnished. Employee must be the second applicant. The additional rate of 0.35% is not applicable for deposits above ₹5 Crore.

Fixed Deposits have been one of India’s most preferred investment instruments across generations, and for a good reason. Firstly, it offers guaranteed returns and carries zero risk. You can invest in an fixed deposit with Mahindra Finance with an amount as low as Rs. 5000 and can invest up to Rs. 25 crores to suit your needs. Also, you can choose the investment period, from 12 to 60 months.

When you invest in a fixed deposit account, your savings grow gradually through regular interest payout, which gets compounded through the investment term. At Mahindra Finance, we offer high attractive fixed deposit interest rates up to 7.80% so that you get valuable returns. We also offer higher returns for senior citizens, i.e., individuals aged more than 60 years.

Apart from the high interest on fixed deposits, the additional features like the flexibility to choose your tenure and investment amount make the Mahindra Finance fixed deposit a valuable asset to have in your portfolio. Not to mention, it is a safe and secure investment option that is suitable for all. The prevailing market conditions have no effect on the returns you get, enabling you to take confident steps towards achieving your financial goals.

Check the fixed deposit application process and required fixed deposit documents to start with your Fixed deposit investment.

Thus, it is clear that if you keep the investment amount and the investment tenure constant, the fixed deposit interest rate is still different for senior citizens and regular investors based on the interest payout term you choose.

So, to get the maximum interest and returns on your investment, it is better to choose a yearly interest payout. A higher interest rate means higher returns; naturally, you will get a better maturity value.

You can use our fixed deposit interest rate calculator to know the exact interest you will get for your investment and the chosen period. Our FD calculator is easy to use, and it provides accurate results, enabling you to plan your finances better.

FAQs for Fixed Deposit Interest Rates

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What is the minimum deposit amount allowed for opening an Fixed Deposit?

Ready to grow your savings and secure your future? Choose a Fixed Deposit with Mahindra Finance today!