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 is the interest on Rs. 5 Lakh FD for 1 year?

mahindra-finance-author

by Mahindra Finance

|

February 29, 2024

|

1 mins read

The interest rate you get on Rs. 5 Lakh FD for 1 year may vary based on the interest rate set by the bank or NBFC where you open the fixed deposit account. At Mahindra Finance, we offer the best interest rate on FDs for all, starting from 7.20% per annum. If you are a senior citizen, you get a 0.25% higher interest rate.

Related articles

What is car loan refinancing? All you need to know

If you’re currently paying off a car loan, you may be looking for ways to decrease your monthly payments and save some money. That’s where refinancing a car loan comes in. Car loan refinan...

KNOW MORE

April 17, 2024

What Is Balloon Payment For Car Loan

Introduction While exploring various car loan options and ways to finance your car purchase, you might come across the term ‘balloon payment for car loan.’ But what does this actually mean? Is it ...

KNOW MORE

May 13, 2024

How-to-Get-a-Used-Car-Loan-Without-Income-Proof

How To Get A Used Car Loan Without Income Proof

Are you dreaming of owning a used car that fits your budget perfectly? Are you worried about not having proof of income for a loan? Don’t fret! Even if you are unemployed or lack traditional inc...

KNOW MORE

June 17, 2024