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
|

When will the TDS be applicable on my Fixed Deposit investment?

mahindra-finance-author

by Mahindra Finance

|

June 22, 2023

|

1 mins read

The TDS limit for NBFC FD scheme is till Rs.5000/- interest p.a. In case where the interest amount exceeds Rs. 5,000/- sum of all fixed deposit held with Mahindra finance under single pan number in a financial year, income-tax will be deducted at source.

Related articles

Types of Business Loans in India

Every size and type of business requires funds to operate. Whether the founders pool money or they raise funds from financial institutions, no business can sustain without adequate capital. The capita...

KNOW MORE

June 29, 2023

Importance Of A Digital Footprint For Availing An SME Loan In India

In today’s digital age, where everything is moving online, small and medium enterprises (SMEs) question the importance of having a digital footprint when applying for a loan. In this article, we...

KNOW MORE

April 11, 2024

Avoid These Common Used Car Loan Mistakes

If you are planning to buy a used car then you are in for some work. A used car surely has the benefit of being more affordable. However, you need to find the one that is in the best possible conditio...

KNOW MORE

June 29, 2023