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

5 Important Things To Consider Before Applying For A Car Loan

Buying a car is a significant decision that requires careful consideration. Many people opt for a car loan to finance their vehicle purchase, but before you apply for a car loan, there are several imp...

KNOW MORE

April 26, 2024

How To Save Tax On FD Interest?

Are you looking for ways to save tax on FD interest? You’re not alone. Many individuals are eager to reduce their tax liabilities and maximise their savings. In this guide, we will explore pract...

KNOW MORE

March 5, 2024

What-happens-if-you-default-on-a-personal-loan

What Happens If You Default On A Personal Loan?

Personal loans have become increasingly popular in India as they provide quick access to funds for various purposes. However, being a loan defaulter can have severe repercussions.  We will look a...

KNOW MORE

September 12, 2024