• Mahindra Finance Fixed Deposit Rates 2019

    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).Mahindra Finance offers fixed deposit under Dhanvruddhi and Samruddhi schemes. The interest rate on different fixed deposit schemes range from 8.00% to 8.80%.

    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:

    Dhanvruddhi Cumulative and Non-Cumulative Scheme Interest Rate

    The interest rate is applicable only for opening an FD online via Mahindra Finance website

    Tenure Cumulative Interest Rate (p.a.) Non-Cumulative Interest Rate (p.a.)
    General Public Senior Citizens General Public Senior Citizens
    15 months 8.00% 8.10% 8.00% 8.10%
    20 months 8.00% 8.10% 8.00% 8.10%
    27 months 8.35% 8.45% 8.35% 8.45%
    33 months 8.70% 8.80% 8.70% 8.80%
    40 months 8.70% 8.80% 8.70% 8.80%

    The given rates are applicable as of 10 November 2019.

    Samruddhi Cumulative Scheme Interest Rate

    The interest rate is applicable only for opening an FD by physical applications

    Tenure Interest Rate p.a. (General Public) Interest Rate p.a. (Senior Citizen)
    12 months 7.75% 8.00%
    18 months 7.75% 8.00%
    2 years 8.10% 8.35%
    3 years 8.45% 8.70%
    4 years 8.45% 8.70%
    5 years 8.45% 8.70%

    The given rates are applicable as of 10 November 2019.

    Samruddhi Non-Cumulative Scheme Interest Rate: Half Yearly

    The interest rate is applicable only for opening an FD by physical applications

    Tenure Interest Rate p.a. (General Public) Interest Rate p.a. (Senior Citizen)
    12 months 7.60% 7.85%
    18 months 7.60% 7.85%
    2 years 7.95% 8.20%
    3 years 8.30% 8.55%
    4 years 8.30% 8.55%
    5 years 8.30% 8.55%

    The given rates are applicable as of 10 November 2019.

    Samruddhi Non-Cumulative Scheme Interest Rate: Quarterly

    Tenure Interest Rate p.a. (General Public) Interest Rate p.a. (Senior Citizen)
    12 months 7.55% 7.80%
    18 months 7.55% 7.80%
    2 years 7.90% 8.15%
    3 years 8.25% 8.50%
    4 years 8.25% 8.50%
    5 years 8.25% 8.50%

    The given rates are applicable as of 10 November 2019.

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