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Mahindra and Mahindra Financial Services Ltd
Period
Rate of interest for Individual(p.a.)
Rate of interest for Senior Citizen(p.a)
Minimum fixed deposit amount
Interest Pay Out
NON-CUMULATIVE YEARLY SCHEME
60 Months
7.25%
7.5%
₹25,000
Annually
48 Months
7.25%
7.5%
₹25,000
Annually
36 Months
7.25%
7.5%
₹25,000
Annually
24 Months
6.6%
6.85%
₹25,000
Annually
12 Months
6.25%
6.5%
₹25,000
Annually
NON-CUMULATIVE HALF YEARLY SCHEME
60 Months
7.0%
7.25%
₹25,000
Half Yearly
48 Months
7.0%
7.25%
₹25,000
Half Yearly
36 Months
7.0%
7.25%
₹25,000
Half Yearly
24 Months
6.4%
6.65%
₹25,000
Half Yearly
12 Months
6.1%
6.35%
₹25,000
Half Yearly
NON-CUMULATIVE QUARTERLY SCHEME
60 Months
6.9%
7.15%
₹50,000
Quarterly
48 Months
6.9%
7.15%
₹50,000
Quarterly
36 Months
6.9%
7.15%
₹50,000
Quarterly
24 Months
6.2%
6.45%
₹50,000
Quarterly
12 Months
5.9%
6.15%
₹50,000
Quarterly
NON-CUMULATIVE MONTHLY SCHEME
60 Months
6.8%
7.05%
₹50,000
Monthly
48 Months
6.8%
7.05%
₹50,000
Monthly
36 Months
6.8%
7.05%
₹50,000
Monthly
24 Months
6.2%
6.45%
₹50,000
Monthly
12 Months
5.8%
6.05%
₹50,000
Monthly
CUMULATIVE SCHEME -- Interest Compounded Annually
60 Months
7.25%
7.5%
₹10,000
On maturity date
48 Months
7.25%
7.5%
₹10,000
On maturity date
36 Months
7.25%
7.5%
₹10,000
On maturity date
24 Months
6.6%
6.85%
₹10,000
On maturity date
12 Months
6.25%
6.5%
₹10,000
On maturity date