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
|

When will the TDS be applicable on my Fixed Deposit investment?

mahindra-finance-author

by Mahindra Finance

|

June 22, 2023

|

1 mins read

The TDS limit for NBFC FD scheme is till Rs.5000/- interest p.a. In case where the interest amount exceeds Rs. 5,000/- sum of all fixed deposit held with Mahindra finance under single pan number in a financial year, income-tax will be deducted at source.

Related articles

future-of-home-loans-in-india

The Future Of Home Loans In India: Trends And Innovations In Home Financing

Owning a home is a dream shared by millions of Indians. It represents stability, security, and a sense of accomplishment. However, securing a home loan can be daunting, especially for those living in ...

KNOW MORE

July 25, 2024

Can Sole Proprietors Get A Business Loan?

Are you dreaming of starting your own business? As a sole proprietor in India, you may have concerns about financing your venture. But worry not! This article will explore how to get business loans in...

KNOW MORE

April 10, 2024

Fixed Deposit Updates in 2019

limit on FDs. This was a proposal by the Ministry of Finance, which has appealed to all the citizens of the country. In case of FDs, the interest earned up to an amount of INR 40,000 will be exempt fr...

KNOW MORE

June 30, 2023