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 difference between a Non-cumulative Fixed deposit and a Cumulative deposit?

mahindra-finance-author

by Mahindra Finance

|

June 22, 2023

|

1 mins read

For Non-Cumulative Fixed Deposits, the interest is payable on Monthly, Quarterly, Half yearly & Yearly basis. For Cumulative Deposits, the interest is payable at the time of maturity together with the principal amount.

Related articles

How To Boost Your Wealth Through Fixed Deposit Laddering

Are you looking for a secure and reliable option to boost your wealth? Fixed Deposits (FDs) are a popular choice among investors seeking steady returns and easy access to funds. However, to make the m...

KNOW MORE

May 23, 2024

Liquid-Funds-vs-FD

Liquid Funds vs FD: The Key Differences

Quick Summary: Personal finance offers a wide range of investment options. For risk-averse investors, fixed deposits (FDs) and liquid funds are two common choices. In an FD, you deposit a lump sum for...

KNOW MORE

November 25, 2025

Top-fixed-deposit-investment-mistakes-to-avoid

Top Fixed Deposit Investment Mistakes To Avoid

Investing your hard-earned money in a fixed deposit is a great way to secure your financial future. They can provide you with funds for financial needs when you might think of taking a personal loan. ...

KNOW MORE

July 1, 2024