Earn interest up to 7.50% p.a. by investing in a Mahindra Finance | FAAA by CRISIL

  • Overview
  • Fixed Deposit Calculator
  • Interest Rates and Charges

Mahindra Finance is one of India’s leading NBFC that offers FDs with attractive interest rates, going up to 7.40%. Fixed Deposits are an amazing savings tool as they not only offer safety of capital but also provide you with assured and attractive returns. Additionally, you can also use the Mahindra Finance FD Calculator to determine your approximate return on investment and maturity amount. The Mahindra Finance fixed deposit calculator makes saving simple and effective. 

Yearly Investment
Interest Rate
Your Total Maturity Amount is
Maturity ₹6,78,035
Investment ₹3,75,000
Interest ₹3,03,035

Here’s an FD Calculator for Mahindra Finance FDs to help you determine your FD returns, maturity amount and more.

How Does Mahindra Finance FD Calculator Work?

Mahindra Finance FD calculator is an effective tool that helps you approximately estimate your returns and maturity amount on your Mahindra Finance fixed deposit. The Mahindra Finance FD calculator arrives at a close interest and maturity amount estimate by factoring in various factors that affect your fixed deposit. These factors include: 

  • Deposit Amount

The initial deposit amount plays an integral part in determining your maturity amount or interest payout. The higher your initial deposit amount, the higher your interest payout/maturity amount and vice versa. 

  • Interest Rates

The interest rates, i.e, the rate of return on your investment plays a huge role in determining your interest payouts and maturity rate. With an FD, this rate of return is predetermined and assured. 

  • Tenor 

The tenor or fixed deposit term is an essential part of any saving. Broadly, longer tenors offer higher returns, especially when your FD compounds. 

  • Type of FD

The type of FD that you choose has a huge impact on how your money grows. For example, if you choose a cumulative FD, your savings will offer higher rates of returns as it takes full advantage of the power of compounding. However, if you opt for a non-cumulative FD, your returns will be relatively lower but you’ll get regular interest payouts as chosen by you.  

The Mahindra Finance FD calculator takes in consideration all of these factors when calculating your maturity amount and returns. 

How to Use a Mahindra Finance FD Calculator? 

The Mahindra Finance FD calculator is easy to use and helps you get an understanding of the returns on your FD. Follow these steps to get started: 


  • Step 1: Enter your preferred deposit amount. 

  • Step 2: Choose the relevant interest rate.

  • Step 3: Choose an FD tenor as per your requirements.

Once you enter all the respective fields, the maturity amount or the interest payouts that’s payable to you will be presented to you. 

Additionally, you can also tweak your deposit amount, rate of interest and tenor to arrive at a combination that suits your financial goals and obligations. 

Alternatively, you can also choose to calculate your maturity amount manually using the simple and compound interest formula.  

  • Simple Interest Formula

Simple interest is a way of calculating interest on FD that is based on the principal sum. It can be computed daily, monthly, or annually.


SI= PA*r*T, where 

PA= Principal amount

r = rate of interest

T= period


As an illustration, FD amount Rs. 10,00 – Period - 3 years, Rate of Interest- 10% p.a.  Calculate the interest during the maturity of the FD:


SI= PA*r*T



After the three-year deposit period, the total amount received, with interest is: ₹13,000

  • Compound Interest Formula

Compound Interest is a technique whereby the interest amount is added cumulatively to the principal sum and the interest accrued from earlier periods. 


CI (Final Amount) = PA (1+ r/100)nt

PA= Primary principal balance

the interest rate, r

n =is the unit of interest cycles that are counted.

t = time intervals

For example, FD amount- 10,000, Tenure- 3 years at quarterly compounding, Rate of interest- 10%. Calculate the interest during the maturity of the FD,


CI (Final Amount) = PA (1+ r/100) ^3

PA= 10,000 {1 + (0.1)} ^ (3)} 

PA= 10,000 (1+0.1)^ (3)

10,000 (1.1) ^ (3) = ₹13,310 (approximately)


Compound Interest (CI) = Maturity sum amount- Principal sum amount.

CI = Rs.13,310 - Rs.10,000 = ₹3,310

Amount due upon maturity of the three-year deposit: ₹13,310

You can easily and accurately calculate the return on your FD and your maturity amount using the Mahindra Finance FD Calculator. 

How Does a Mahindra Finance FD Calculator Help You? 

The Mahindra Finance FD calculator is a great tool to use during the course of your financial journey as it helps you in managing your savings and achieving your saving goals. It can be beneficial to you in a number of ways: 


  • The  Mahindra Finance fixed deposit calculator is a simple and effective tool to help you understand your FD savings, returns and maturity amount. 

  • The Mahindra Finance FD calculator can be accessed easily and you can use it free of any cost. 

  • The calculator can be used as a great benchmarking tool and can help you compare prevailing interest rates and return on investment for various types of savings and investments. 

  • It is easy to use and can be used by beginners as well as experienced investors. 

  • The tool can be used to help you calculate how much you need to be saving to achieve your financial goals. 

  • The Mahindra Finance fixed deposit calculator can be used to arrive at accurate estimates about how your money will grow over a period of time. 

Mahindra Finance Fixed Deposit Calculation for 5 years 

The Mahindra Finance fixed deposit calculator can help you understand your savings better and get a better understanding of how your savings will grow. Here’s a table with an estimation of how your Mahindra Finance FD will grow over a set time-frame. Here, the Mahindra Finance FD rate is assumed to be 7.40% p.a. for non-senior citizens and 7.65% p.a. for senior citizens. It is assumed that ₹1 Lakh is deposited for a period of 5 years.


Interest Earned by Non-Senior Citizens 

Maturity Amount for Non-Senior Citizens

Interest Earned by Senior Citizens 

Maturity Amount  for Senior Citizens 

1st  year





2nd year





3rd year 





4th year





5th year 





FAQs about Mahindra Finance FD Calculator

  • ✔️How is the FD maturity amount calculated?

    You can use the Mahindra Finance FD Calculator to calculate your maturity amount. 

  • ✔️Is there a minimum investment amount required to get output from Mahindra Finance FD Calculator?

    Yes, the minimum deposit amount for Mahindra Finance FD is ₹5000. Hence, the minimum input amount is ₹5000. 

  • ✔️What are the inputs required to calculate the maturity amount on a Mahindra Finance FD Calculator?

    You need to enter your deposit amount, tenor and interest rate to arrive at an accurate maturity amount and interest gained estimate.

  • ✔️What are some factors that affect my maturity amount estimates?

    Factors such as deposit amount, tenor, interest rate and the chosen type of FD impact your maturity amount calculation.