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
|

Why invest in fixed deposits (FD)?

mahindra-finance-author

by Mahindra Finance

|

December 22, 2023

|

1 mins read

FDs are one of the go-to investment options among investors in India for several reasons, including:

  • Anyone can invest in FD online, you need not have any financial knowledge.
  • It provides assured returns at fixed interest rate, making it an ideal investment choice for risk-averse investors.
  • The prevailing market conditions do not have any effect on the returns.
  • You can start investing in FD with as small an amount as Rs. 5000 and invest up to Rs.5 crore
  • If you are a senior citizen, you get higher returns
  • It is an excellent investment option to secure your retirement and achieve long-term goals
  • You can also invest in an FD and keep the amount as an emergency fund while allowing your savings to grow every year.

So, open an fixed deposit with Mahindra Finance, and enjoy all these benefits.

Related articles

Why-Farmers-Should-Consider-A-Fixed-Deposit-This-Vishwakarma-Puja

Why Farmers Should Consider A Fixed Deposit This Vishwakarma Puja

Vishwakarma Puja holds special significance for farmers across India. As you celebrate the divine architect and pray for a bountiful harvest, it’s also an opportune time to plan for your financi...

KNOW MORE

October 10, 2024

Powering Potential: Press Machines & their Uses | Mahindra Finance

In the ever-evolving industrial landscape, press machines stand as pillars of progress. From shaping sheet metal into intricate components to transforming raw materials into finished products, these v...

KNOW MORE

February 14, 2024

The-role-of-credit-scores-in-credit-card-approval

The Role Of Credit Score In Credit Card Approval

Credit cards have become an essential financial tool for many Indians. They offer convenience, flexibility, and the opportunity to build a good credit history. However, you need a credit score for cre...

KNOW MORE

June 28, 2024