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

Step by step guide on how to calculate home loan EMI

Dreams of owning a home are universal, whether you’re currently without one or looking to upgrade. However, the challenges and uncertainties can be overwhelming, especially if you’re a fir...

KNOW MORE

February 9, 2024

How to Apply for a Tractor Loan

Financial institutions provide loans to farmers to purchase new or used tractors. The tractor may be used either for agriculture or for commercial purposes. Such loans have several beneficial features...

KNOW MORE

June 29, 2023

Boost Your Working Capital With Business Working Capital Loans

Running a successful business requires a constant flow of funds to manage day-to-day expenses and seize growth opportunities. This is where working capital plays a vital role. Working capital is the d...

KNOW MORE

April 26, 2024