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

Factors That Influence Fixed Deposit Interest Rates

When it comes to investing your hard-earned money, Fixed Deposits (FDs) are a popular choice among Indians. FDs offer the security of guaranteed returns over a fixed tenure, making them an attractive ...

KNOW MORE

February 23, 2024

future-of-home-loans-in-india

The Future Of Home Loans In India: Trends And Innovations In Home Financing

Owning a home is a dream shared by millions of Indians. It represents stability, security, and a sense of accomplishment. However, securing a home loan can be daunting, especially for those living in ...

KNOW MORE

July 25, 2024

What Is The Monthly Interest Breakdown On A Rs. 2 Lakh Fixed Deposit

When it comes to financial security, investing your hard earned money wisely is crucial. One such investment option that offers stability and regular income is a fixed deposit (FD). With an FD, you ca...

KNOW MORE

April 25, 2024