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MAHINDRA & MAHINDRA FINANCIAL SERVICES FD

Friday, September 23, 2016 by Indian Real Estate News



MAHINDRA & MAHINDRA FINANCIAL SERV. LTD has revised the interest rates applicable on their Fresh/Renewal deposits w.e.f 3rd October 2016 as given below:

Minimum Amount

Period (Months)

Cumulative  Scheme

Non Cumulative Scheme

Amount Payable(Rs.)

Rate of interest %

(Effective Yield p.a)

Period (Months)

Interest p.a

(Half Yearly)

Interest p.a 

(Quarterly)

Rs.5000/-

12

5395

7.90%

7.90%

12

7.75%

7.65%

18

5616

8.00%

8.21%

24

7.85%

7.75%

24

5832

8.00%

8.32%

36

7.90%

7.80%

36

6307

8.05%

8.72%

48

7.90%

7.80%

48

6815

8.05%

9.08%

60

7.90%

7.80%

60

7364

8.05%

9.45%

Minimum Amount

Rs.25000/-

Rs.50000/-








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