Calculate Mahindra & Mahindra Financial Services Fixed Deposit maturity amount. FD rates from 7.5% to 7.65% p.a.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
Mahindra & Mahindra Financial Services offers Fixed Deposits across multiple tenures. Interest is compounded quarterly.
| Tenure | General Rate | Senior Rate | Maturity (₹1L) |
|---|---|---|---|
| 1 Year | 7.5% | 7.75% | ₹1,07,714 |
| 2 Years | 7.6% | 7.85% | ₹1,16,250 |
| 3 Years | 7.65% | 7.9% | ₹1,25,525 |
| 5 Years | 7.55% | 7.8% | ₹1,45,351 |
Mahindra Finance offers FD rates ranging from 7.5% to 7.65% p.a. for general citizens. Senior citizens get an additional 0.25% benefit.
The best Mahindra Finance FD rate for general citizens is 7.65% p.a. for 3 Years tenure, and 7.9% for senior citizens.
The minimum deposit amount for Mahindra Finance Fixed Deposit is ₹5,000. Interest is compounded quarterly.
Mahindra Finance currently does not have any special FD scheme. Check with the bank for the latest offers.
Mahindra Finance is an NBFC regulated by RBI. While NBFC FDs are not covered by DICGC insurance, Mahindra Finance has a strong credit rating and track record.