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

How-to-Check-Your-Credit-Score-for-Free-A-Step-by-Step-Guide

How To Check Your Credit Score For Free: A Step-By-Step Guide

Introduction Are you planning to apply for a loan or a credit card? If so, then one of the key factors that lenders consider before approving your application is your credit score. Your credit score i...

KNOW MORE

July 10, 2024

NRI-Home-loan-and-Indian-residents home-loan-What-the-difference

NRI Home Loan And Indian Residents Home Loan: What’s The Difference

Purchasing a home is a significant milestone in anyone’s life, regardless of their location. Whether you are currently residing in India or planning to return one day, owning a home holds immens...

KNOW MORE

July 5, 2024

What Are The Foreclosure Charges On Business Loan?

Introduction Entrepreneurs often seek business loans to fuel their ventures, but sometimes circumstances change, and they wish to pay off their debt early. This process is known as foreclosure, where ...

KNOW MORE

July 23, 2024