Cash lying idle in your bank account?
Invest as low as Rs. 1,000 in Mutual Funds and enjoy higher returns.
  • loading

    Mahindra Finance Fixed Deposit Rates 2018
     and 2 other FDs
    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    1 Year to 5 Years
    7.5% - 7.8% Compound yearly
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.6% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.72% - 8.65% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Mahindra Finance Fixed Deposit Rates 2018
    Fixed Deposit BYTES FROM OUR KITCHEN

    Mahindra Finance Fixed Deposit Rates 2018

    Mahindra Finance is an Indian company that provides services to essentially the rural and semi-urban parts of India. The company offers great and safe investment options in the form of Mahindra Fixed Deposits (FDs).

    The table below lists all the deposit options available with Mahindra Finance. The revised table also captures all recent changes in the rates of interest to ease your search for a perfect and risk-free investment option.

    The updated list of Mahindra Finance FD Rates, for Regular and Senior Citizen, is listed below:

    Samruddhi Cumulative Deposits
    Tenure Regular FD Interest Rates (per annum) Senior Citizen FD Interest Rates (per annum)
    12 months 7.50% 7.75%
    18 months 7.50% 7.75%
    24 months 7.55% 7.80%
    36 months 7.55% 7.80%
    48 months 7.55% 7.80%
    60 months 7.55% 7.80%

    *Interest rates are revised from time to time

    Mid-Term Fixed Deposit Rates

    • The NBFC offers only mid-term fixed deposit schemes. The shortest lock in period available for mid-term deposits is 1 year and the longest is 5 years.
    • The interest rate on a 1 year deposit is 7.50% p.a., which is compounded yearly.
    • Fixed deposits made for 2 years, 3 years, 4 years and 5 years earn an interest rate of 7.55% p.a.

    Fixed Deposit Rates for Senior Citizens

    • Senior citizens earn higher interest rates as compared to regular customers.
    • The interest rate is higher by around 0.25% p.a.
    • Both 1-year and 18-month deposits fetch a rate of 7.75% p.a.
    • For deposits held from 2 years to 5 years, the rate of interest is 7.80% p.a.
    Samruddhi Non-Cumulative Deposits (half-yearly)
    Tenure Regular FD Interest Rates (per annum) Senior Citizen FD Interest Rates (per annum)
    12 months 7.35% 7.60%
    24 months 7.35% 7.60%
    36 months 7.40% 7.65%
    48 months 7.40% 7.65%
    60 months 7.40% 7.65%

    *Interest rates are revised from time to time

    Samruddhi Non-Cumulative Deposits (quarterly)
    Tenure Regular FD Interest Rates (per annum) Senior Citizen FD Interest Rates (per annum)
    12 months 7.30% 7.55%
    24 months 7.30% 7.55%
    36 months 7.35% 7.60%
    48 months 7.35% 7.60%
    60 months 7.35% 7.60%

    *Interest rates are revised from time to time

    Read more about : Steps to apply for Mahindra Finance Fixed Deposit

    Samruddhi Non-Cumulative FD Highlights

    • Mahindra also offers a wide range of non-cumulative fixed deposits
    • The interest range offered for the half-yearly compounding deposits range from 7.35% p.a. to 7.40% p.a.
    • For senior citizens, the interest rate on half-yearly compounding FDs range from 7.60% p.a. to 7.65% p.a.
    • For FDs that pay interest on a quarterly basis, the rate of interest paid is 7.30% p.a. for a tenure range of 1 year and 2 years
    • For a tenure that ranges from 3 years to 5 years, the rate of interest offered is 7.35% p.a. for deposits that pay interest on a quarterly basis

    Mahindra Finance Fixed Deposit Reviews

    Loading your search...
    Close

    Tell us about yourself & we'll find the best Fixed Deposit offers for you.

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.