Mahindra Finance 2 Years FD rate: 7.6% (general) & 7.85% (senior citizen). Maturity for ₹5 Lakh: ₹5,81,251.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
Mahindra & Mahindra Financial Services offers 2 Years Fixed Deposit at 7.6% p.a. for general citizens and 7.85% p.a. for senior citizens. Interest is compounded quarterly. Premature withdrawal policy: Allowed after 3 months with penalty.
Tenure: 2 Years · Quarterly compounding
| Deposit Amount | Maturity Amount | Interest Earned | Total Return |
|---|---|---|---|
| ₹25K | ₹29,063 | ₹4,063 | 16.3% |
| ₹50K | ₹58,125 | ₹8,125 | 16.3% |
| ₹1 Lakh | ₹1,16,250 | ₹16,250 | 16.3% |
| ₹2 Lakh | ₹2,32,500 | ₹32,500 | 16.3% |
| ₹5 Lakh | ₹5,81,251 | ₹81,251 | 16.3% |
| ₹10 Lakh | ₹11,62,501 | ₹1,62,501 | 16.3% |
| ₹25 Lakh | ₹29,06,253 | ₹4,06,253 | 16.3% |
| ₹50 Lakh | ₹58,12,507 | ₹8,12,507 | 16.3% |
| ₹1 Crore | ₹1,16,25,014 | ₹16,25,014 | 16.3% |
Mahindra Finance offers 2 Years Fixed Deposit at 7.6% p.a. for general citizens and 7.85% p.a. for senior citizens in 2026. Rates are subject to change.
A ₹5 Lakh FD in Mahindra Finance for 2 Years at 7.6% (quarterly compounding) will mature to approximately ₹5,81,251. The interest earned would be ₹81,251.
Yes, Mahindra Finance offers an additional benefit for senior citizens with a rate of 7.85% p.a. for 2 Years FD, which is 0.25% higher than the general rate.
The minimum deposit amount for Mahindra Finance Fixed Deposit is ₹5,000. Interest is compounded quarterly.
Yes, premature withdrawal is allowed. Mahindra Finance's premature withdrawal policy: Allowed after 3 months with penalty. It's recommended to keep the FD till maturity for maximum returns.