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 are hybrid funds?

What are mutual funds? Mutual funds are professionally managed funds that invest into multiple assets financial instruments such as stocks and bonds. Mutual funds usually charge a fee for holding...

KNOW MORE

June 30, 2023

Choosing Between Online and Offline Fixed Deposits: Which is Best for You?

When it comes to investing your hard-earned money, fixed deposits (FDs) are a popular choice among Indians. They offer a safe and secure way to grow your savings while providing steady returns. Howeve...

KNOW MORE

March 4, 2024

How To Boost Your Wealth Through Fixed Deposit Laddering

Are you looking for a secure and reliable option to boost your wealth? Fixed Deposits (FDs) are a popular choice among investors seeking steady returns and easy access to funds. However, to make the m...

KNOW MORE

May 23, 2024