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 minimum amount required to start an Fixed Deposit?

mahindra-finance-author

by Mahindra Finance

|

December 11, 2023

|

1 mins read

At Mahindra Finance, we offer Fixed Deposit for all salaried employees or self-employed individuals. You can start an Fixed Deposit with an amount as small as Rs. 5000. It is the minimum amount required. But it is better to invest a higher amount to suit your capacity; you can invest up to Rs. 25 crore.

The higher the amount you invest, the higher the maturity value. Apart from giving you the flexibility in choosing the investment amount, we also allow you to choose your own investment term. You can invest for 12 or 60 months, i.e., 5 years.

Related articles

What-Is-The-Minimum-Credit-Score

What Is The Minimum Credit Score For A Used Car Loan

Dreaming of owning a car that fits your budget or want to go for a pre-owned car? If so, a used car loan might be the right option for you. However, before you apply for a used car loan for low CIBIL ...

KNOW MORE

September 12, 2024

The Rise Of Online FDs: A Guide To Investing In Fixed Deposits Online

In today’s digital age, convenience is key. From shopping to banking, everything is just a click away. And now, even investing in fixed deposits (FDs) has become easier with the advent of online...

KNOW MORE

February 23, 2024

How-To-Apply-For-A-Car-Loan-For-Grand-Vitara

How To Apply For A Car Loan For Grand Vitara

If you’ve been eyeing the Maruti Grand Vitara and dreaming of owning this stylish SUV, you’re not alone. With its impressive Grand Vitara NCAP rating, spacious interiors, hybrid powertrain...

KNOW MORE

June 19, 2024