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 Get A Personal Loan In Easy Steps

If you’re in need of funds for various expenses like medical bills, wedding costs, or home renovations, a personal loan can be a great solution. But how do you go about getting one? In this step...

KNOW MORE

April 11, 2024

How To Get A Start-Up Business Loan? 

Starting a new business can be an exciting and challenging endeavor. One of the key factors that contribute to the success of a start-up is access to adequate funding. While there are various sources ...

KNOW MORE

February 5, 2024

Understanding-Home-Loan-Processing-Fees

Understanding Home Loan Processing Fees

Owning a home is a dream for many, but the financial aspects can be overwhelming. One crucial aspect to understand is home loan processing fees. These charges cover administrative costs related to eva...

KNOW MORE

August 14, 2024