Mahindra Finance Fixed Deposit Revised Rates from April 20, 2009
- 13 Comment
Mahindra Finance fixed deposit is one of the popular corporate fixed deposit schemes. they offered very good interest rates for the investors, from April 20, 2009 they are planning for reduce the fixed deposit interest rates. The revised rates are in the below table:
Cumulative
Duration Interest Rate
12 months 9.00% 9%
18 months 9.25% 9.25%
24 months 9.50% 9.5%
36 months 10.00% 10%
Non cumulative
Duration Interest Rate
12 months 8.75% 8.75%
24 months 9.25% 9.25%
36 months 9.75% 9.75%
Update : Interest Rates as on Aug 20,2009
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13 Comments on this post
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integrated interprises india ltd said:
Dear Sir
Please send us mahindra and mahindra limited fixed deposit form urgently required.
Thanks & Regards
Bimal Kumar
IEP-Karol Bagh
New DelhiApril 23rd, 2009 at 11:32 pm -
krishnas said:
HI Bimal,
You can find the Mahindra Fixed Deposit Application Form here:
http://www.mahindrafinance.com/prod_fixeddeposit/app_form.asp
If you have any doubts on Mahindra Fixed Deposit, please post it here. You can also look into the Tata Motors Fixed Deposit Scheme here:
http://www.thinkplaninvest.com/2009/03/tata-motors-fixed-depositfd-scheme/Thanks,
KrishnaApril 24th, 2009 at 12:35 am -
preetam shetty said:
if i invest Rs 10,000 for 1 year how much i will get at the end of the year @ 10.5%. is it 1050 per month that is equal to 12600 at the end of the year or only 11050 at the end of the year
cheers
May 26th, 2009 at 5:26 am -
krishnas said:
HI Preeta,
You will get Rs.11092 if compound quarterly. Rs.11050 is if it is simple interest without compound.
See the reference. it will help you:
http://content.icicidirect.com/personalfinance/FDCalculator.aspThanks,
KrishnaJuly 6th, 2009 at 9:54 pm -
bksingh said:
whether is any scheme for senior citizen quaterly/monthly interest which is to be paid as income . i am going to retire in sep.09
regards
b.k.singhJuly 29th, 2009 at 4:55 am -
krishnas said:
Every plan has the seperate interest rates for senior citizen(above 60 years).
Thanks,
KrishnaJuly 30th, 2009 at 1:59 am -
D. V. Kumar said:
Interest rates of Mahindra Finance FD Form are much lower than as listed in this article. What is the latest position? What is additional rate for Senior citizens. Thinking of long term investment upto 10 years.
Are there other good options?
Thanks in advance
D.V.Kumar
August 20th, 2009 at 11:35 pm -
krishnas said:
Hello D. V. Kumar,
I have updated with the latest interest rates. Senior Citizens / Shareholders / Employees will get an additional rate of 0.25% per annum. At present the interest rates for the FDs are much lower compare to the few months back.
Thanks,
KrishnaAugust 21st, 2009 at 3:28 am -
HARISH SHARMA said:
I M INTERESTED IN INVESTMENT, KINDLY PROVIDE ME DETAIL OR CONTACT ME.
October 16th, 2009 at 11:35 pm -
Rajiv kumar said:
Iam intrested in investing Rs 50000/- in FD.If u just mail me the required form with updated intrest rates as applicable.looking for a prompt action from your side.My cell no. is +919320863215.
With regards
Rajiv Kumar
January 31st, 2010 at 5:46 am -
manpreet anand said:
i wish to invest a sum of rs.5 lac in your scheme…can i get details of the scheme at present
regards
manpreet anandFebruary 15th, 2010 at 11:21 pm -
rups said:
i can invest more then million of $, but the return should be more then 26% interest on long term fixed depost, may be 20 yrs, is there any bank, finance, co-opreative, business firm who can provide so much or is that impossible?
March 29th, 2010 at 4:08 am

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