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

Tips-for-Securing-the-Best-Home-Loan-Interest-Rates

Tips For Securing The Best Home Loan Interest Rates

Introduction Buying a home is a significant milestone in one’s life. However, the interest rates attached to home loans can greatly impact the total cost of borrowing. As an Indian homeowner, it...

KNOW MORE

July 2, 2024

FD vs Debt Funds: Key Differences

Quick Summary: FD Calculator Fixed deposits and debt funds (also referred to as debt mutual funds) are two popular options for investors to park their monies. Although both FDs and debt mutual funds a...

KNOW MORE

November 25, 2025

car loan maximum tenure

How Does Car Loan Tenure Affect EMI Calculation?

If you plan to seek a car loan, determining your EMI is a crucial step to plan well. Among the various factors that determine your EMI, the tenure of your car loan or, in other words, car loan maximum...

KNOW MORE

February 22, 2024