Investment Amount
Interest Rate
Total Interest Amount
Total Payout (Principal + Interest)
Mahindra Finance is a leading Non-banking Finance Company (NBFC) in India. It offers competitive fixed deposit interest rates ranging from 7.50% p.a. to 8.10% p.a., with an additional 0.25% p.a. provided to senior citizens. You can choose from flexible tenures of 12 to 60 months. Before investing, use the Mahindra Finance FD Calculator available on the Bajaj Markets financial marketplace to understand your returns and maximise your investment.
The Mahindra Finance FD calculator is a free and easy-to-use tool that helps you plan your investments effectively. Simply adjust the deposit amount, tenure, and interest rates to compare potential payouts at maturity.
Here are the steps to using the FD calculator:
Input your desired fixed deposit amount
Enter the interest rate
Enter the tenure for your FD
Once you have entered these details, the calculator will apply the formula and quickly display the results based on your chosen FD terms.
Here is an illustration to explain the process better:
Consider that you invest ₹1,00,000 in a Mahindra Finance FD at an interest rate of 8.10% p.a. for a tenure of 4 years. Here is what your payout upon maturity would look like:
Fixed Deposit Amount: ₹1,00,000
Interest Rate: 8.10% p.a.
Tenure: 4 years (48 months)
The calculator will use these parameters to display the amount you will receive upon maturity, which will be ₹1,36,553. This includes the interest earned, ₹36,553, and the principal amount of ₹1,00,000.
It is important to compare the latest interest rates offered by our partner banks and NBFCs. Below are the highest interest rates currently provided by these financial institutions, inclusive of any special rates they offer to senior citizens or women.
Bank / NBFC |
Highest Interest Rates (p.a.) |
Shriram Finance Limited |
9.40% |
Ujjivan Small Finance Bank |
8.75% |
Bajaj Finance Ltd. |
8.65% |
RBL Bank |
8.85% |
YES Bank |
8.50% |
PNB Housing Finance Ltd. |
7.95% |
Note: Here are the interest rates offered by banks and NBFCs on Bajaj Markets. Please check their respective websites to confirm the latest rates before investing.
The information provided by BFDL herein above is related to the partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial investment advice or endorsement of any sort. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. in the content mentioned hereinabove, as well as offers by the partnered Banks/ NBFCs. "YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED.”
You can use the Mahindra Finance FD Calculator to calculate your maturity amount.
Yes, the minimum deposit amount for a Mahindra Finance FD is ₹5000. Hence, the minimum input amount is ₹5000.
You need to enter your deposit amount, tenor and interest rate to arrive at an exact calculation of your maturity amount and interest earnings.
Factors such as deposit amount, tenor, interest rate and the chosen FD type can impact your maturity amount calculation.