Fixed Deposits

Fixed Deposits are a type of term deposits wherein you invest a lump sum amount for a pre-determined period and get guaranteed returns. It is one of the safest investment instruments in India. FDs allow you to invest and grow your savings through regular interest payout. The FD interest rate is fixed at the time of deposit, ensuring your returns until maturity. When your FD matures, you receive your initial investment plus the accumulated interest. At Mahindra Finance, we offer attractive FD interest rates, up to 8.10% p.a. The interest rate varies based on the investment amount, investment tenure, and the interest payout interval you choose.

Fixed Deposit come with a lock-in period, which means once you deposit the amount, you cannot liquidate the money until the end of the investment tenure you choose. You can invest for any duration between 12 and 60 months.

Fixed Deposit Features and Benefits

Assured Returns

Our Fixed Deposits are awarded the status of “IND AAA/Stable” by India Ratings and “CRISIL AAA/Stable” by CRISIL Ratings, which indicates highest safety.

High Interest Rates

Grow your money faster with our competitively high-interest rates! Senior citizens receive up to 0.25% additional interest rate and Mahindra Group employees and their relatives can also avail an additional 0.35% interest rate on Samruddhi Fixed Deposits.

Easy Online Application

Apply for fixed deposit online and take advantage of features such as minimal paperwork, easy to meet eligibility terms, wide variety of FD schemes, guaranteed returns, choice of interest pay-out, and hassle-free renewals.

While Fixed deposits help you securely park your surplus funds, they can also be used to achieve various financial goals, including:

• RETIREMENT PLANNING: FDs can also be used for saving towards your retirement. You can periodically invest your surplus funds and savings in FDs to build a corpus for your retirement years
• EMERGENCY FUND: FDs can also be used to create an emergency fund, which can be used to cover unexpected expenses such as medical bills or job loss. Having a fixed deposit with returns that do not depend on market volatility ensures safety during challenging times.
• CHILD’S EDUCATION: FDs can be a smart way to save for your child’s education. Opt for a long-term FD with a high-interest rate to ensure that you have sufficient funds to cover your child’s tuition fees and other expenses.

Fixed deposits are a safe and reliable investment instrument that can be employed to achieve numerous financial goals. Mahindra Finance offers a variety of fixed deposit schemes with the highest safety ratings.

Fixed Deposit Interest Rates

Safeguard your future with Mahindra Finance Fixed Deposits - India's trusted investment choice. Highest safety, industry-leading interest rates, and the freedom to choose your interest payout frequency and investment term empower you to plan with certainty. Say goodbye to financial worries and hello to a brighter tomorrow with Mahindra Finance FDs! Fixed Deposit rates w.e.f 25th April 2024. Select a Scheme to View the Interest rate.