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 options for Renewal of a Cumulative Deposit Receipt?

mahindra-finance-author

by Mahindra Finance

|

June 22, 2023

|

1 mins read

An existing depositor can renew their deposit for either the Principal amount (interest accrued will be repaid) or alternatively the principal amount plus interest.

Related articles

Credit Card Against FD (fixed deposit) How To Get An FD Credit Card

Are you looking to get a credit card but worried about your lack of credit history? Don’t fret! There’s a solution that can help you secure a credit card even without a credit score. It...

KNOW MORE

April 25, 2024

How-To-Use-Personal-Loans-For-Fitness

How To Use Personal Loans For Fitness And Wellness Goals

Introduction Investing in your health and wellness is crucial for a fulfilling life. However, the cost of gym memberships, fitness equipment, and wellness programs can be a barrier for many. Personal ...

KNOW MORE

September 12, 2024

What Is Form 15G For FD? Learn To Save TDS On FD Interest Income

Are you a fixed deposit (FD) holder? If so, you may have heard about Form 15G and its role in saving you from the hassle of Tax Deducted at Source (TDS) on your FD interest income. But what exactly is...

KNOW MORE

March 1, 2024