Comments on: Mahindra Finance Fixed Deposit Scheme

By: k s rao

k s rao — Sun, 11 Jul 2010 12:03:46 +0000

i would like to invest

By: Sanjay Jain

Sanjay Jain — Tue, 29 Jun 2010 14:26:49 +0000

They are worst then a govt office. When I enquired about my FDR, they informed me that they takes 6 weeks to send the FDR. I have invested Rs46000/.

By: Sharadkumar Chhotalal Desai

Sharadkumar Chhotalal Desai — Tue, 29 Jun 2010 14:22:17 +0000

We have invested Rs.40000/- in Mahindra & Mahindra Financial Services Limited by sending Demand Draft No.951460 dated 20.04.2010 of Bank of Baroda drawn on Service Branch, Mumbai & it’s application No.553934, but sorry to say that till today we do not received FDR. We want to know where the matter was stand? Moreover, I receive SMS on my Mobeli No.9227825921 on 28.06.2010for thanks.
We have invested money in the name of
Sharadkumar Chhotalal Desai
Nayana Sharadkumar Desai &
Nehali Sharadkumar Desai

By: Sharadkumar Chhotalal Desai

Sharadkumar Chhotalal Desai — Tue, 29 Jun 2010 14:17:03 +0000

We have invested Rs.40000/- in Mahindra & Mahindra Financial Services Limited by sending Demand Draft No.951460 dated 20.04.2010 of Bank of Baroda drawn on Service Branch, Mimbai & it’s application No.553934, but sorry to say that till today we do not received FDR. We want to know where the matter was stand? Moreover, I receive SMS on my Mobeli No.9227825921 on 28.06.2010for thanks.

By: Senthil

Senthil — Tue, 22 Jun 2010 05:04:31 +0000

plz don’t go for this mahindra finance fixed deposit.. my FD matured a month back i am yet to get the cheque.. hell lot of problem with their linked in service center.. nobody knows the details.. they don’t understand the customer

By: om

om — Sat, 05 Jun 2010 19:05:23 +0000

Hi
pl. let mo kwoun what is the max risk,In case of nationalised bank it is very rare to lost the maney &ther is some amount of FD are secured in Bank.in Mah Fiance FD rate is OK but —is it maket dependent or is bond to pay the said rate of Interest.
Pl. tell the present FD rate as well.

By: SUBHAS CHANDRA SARKAR

SUBHAS CHANDRA SARKAR — Thu, 27 May 2010 10:27:54 +0000

I would like to invest a sum of Rs 1.5 lakh in mahindra fixed deposit scheme. Please let me inform whether I have to pay income tax for that interest amount.

By: Ankit

Ankit — Thu, 08 Apr 2010 10:33:23 +0000

Hi krishna,

I have started my own consulting,I am a MBA fresher,currently working as a Research Associate.
If anyone have anykind of query regarding investment,he/she can just drop a mail on my email id:- ankit.khatri888@gmail.com,but for that I will charge a small fee only if query is resolved.

Regards
Ankit

By: alkesh d patel

alkesh d patel — Tue, 02 Mar 2010 13:21:02 +0000

your fd detil and benifit

By: khadim kara

khadim kara — Tue, 23 Feb 2010 16:17:51 +0000

Hi,
I invested in Naik Ventures Ltd A public ltd company in Mumbai in monthly scheme i got my principal back as they closed the monthly scheme

As they could not sustain with high returns they returned the principal amount i invested kudossssssssss

Tuff to do this Thanks Mr. Naik

You are just to good business man keep the hard work going

By: M. Kumar

M. Kumar — Fri, 19 Feb 2010 18:57:00 +0000

http://www.thinkplaninvest.com/2009/04/mahindra-finance-fixed-deposit-revised-rates-from-april-20-2009/

Mahindra Finance FD revised its rates from April 20, 2009. See above link. Is there any change in the rates as of this month? I am interested to know more as my bank FD is going to mature and want to diversify.

By: sunil

sunil — Fri, 12 Feb 2010 08:41:15 +0000

Hello Sir,

I would like to know if a person who is doing a biz of giving interest of 36% per annum and she has gathered crores of rupees from the givers (normal peoples),if she doesn’t file an IT returns and if someone complaint about the same to the IT officials then what are the consequences the person has to face?i mean any penalty charges etc on income above 50-1 crores?per annum

By: JAYESH

JAYESH — Fri, 12 Feb 2010 07:16:12 +0000

Pls provide latest FD Interest Rate along with various plan and also guide me how to fulfill the paper work for F.D. to ur company.

By: Sanjay Jain

Sanjay Jain — Wed, 10 Feb 2010 07:49:22 +0000

Hi Krishnas,
I am a NRI and wanted to invest around 2-3 lacs over next three months. Please suggest /give your recommendation.
With special reference to Mahindra, Can I invest even though I am out of India.

By: PARMANAND PATHAK

PARMANAND PATHAK — Tue, 09 Feb 2010 09:20:31 +0000

Sir, could u let me know that I want to Invest Rs, 20 lacs ,whre should I invest .in which plan

By: krishnas

krishnas — Wed, 03 Feb 2010 02:38:57 +0000

Hello Virendra,

Both Mahindra and Tata Motors doing good. If you are interested in go with Mahindra, I can help you to open the FD account.

Thanks,
Krishna

By: Virendra Soni

Virendra Soni — Tue, 02 Feb 2010 16:43:36 +0000

hello Krishna,

i want to invest 2-5 lacs in an FD and looking for 8-10% of ROI, can you please suggest whether i shld opt for TATA Motors or Mahindra Finance, would appreciate if you suggest few more options.
basically am more interested in the liquidity of FD, would like to invest where breaking FDs is possible before 3 years too.

By: krishnas

krishnas — Tue, 12 Jan 2010 13:39:57 +0000

Hello Srikanth,

I have checked in the PNB’s website. They are offering 8%.
http://pnbindia.com/english_web/pnbtax_saver.htm

Thanks,
Krishna

By: krishnas

krishnas — Tue, 12 Jan 2010 12:41:45 +0000

Hello jagdsh rangwani,

Are you interested in mahindra finance?

Thanks,
Krishna

By: krishnas

krishnas — Tue, 12 Jan 2010 12:38:20 +0000

Hello Srikanth,

Just I check with HDFC Bank. they offer 6%. The variation will be little. I don’t think any one will provide more than 7%.

Fixed Deposit is not profitable as of now.
http://www.hdfcbank.com/personal/accounts/fixed_deposits/5years_fix_deposit/5years_fix_saving_interest.htm

Thanks,
Krishna

By: Srikanth

Srikanth — Tue, 12 Jan 2010 10:56:34 +0000

Hi Krishna thanks for the info.
can you suggest me which bank offers highest returns for a Tax exemption FD’s

By: krishnas

krishnas — Tue, 12 Jan 2010 10:40:20 +0000

Hello abhishek,

Tata Motors and Mahindra offering the same interest rates. Both the companies are goos and safe.

Thanks,
Krishna

By: abhishek

abhishek — Tue, 12 Jan 2010 09:24:08 +0000

hi krishna,i hv 50k to invest in fd of private comp.fr 1 yr pls advice fr m&m or tata which & why?

By: krishnas

krishnas — Tue, 12 Jan 2010 06:37:02 +0000

Hello sunil,

Are you interested in depositing mahindra finance? Please fill this form. I will contact you:
http://spreadsheets.google.com/embeddedform?key=trgyjLpbi_e-mV6Ld5EXwhg

Thanks,
Krishna

By: krishnas

krishnas — Tue, 12 Jan 2010 06:32:45 +0000

Hello srikanth,

It is not coming under the IT exemption. For that you have to open the tax savings fixed deposit in the banks.

Thanks,
Krishna