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This NBFC has been accredited with a credit rating of “IND AAA/Stable” by India Ratings and AAA/Stable by CRISIL. As per India Ratings, AAA rating indicates highest degree of safety with lowest credit risk for the depositor. As per CRISIL, AAA indicates very strong chances of timely interest and principal repayment by the housing finance company.
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Mahindra Finance FD Interest Rates (p.a.) Highlights |
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| Highest slab rate | 7.00% (for 2 years to 5 years) |
| For 1 year | 6.60% |
| For 2 years | 7.00% |
| For 3 years | 7.00% |
| For 4 years | 7.00% |
| For 5 years | 7.00% |
The interest rates are updated as of 6 January 2026
Book FDs at Interest rate upto 8.00% p.a
Manage all FDs in one place
No Bank A/C Required
Mahindra Finance FD Rates
Fixed Deposit Interest Rates on Domestic deposits of up to Rs 5 crore w.e.f. 25 June 2025
Samruddhi Cumulative Scheme
| Tenure (in months) | Interest Rate (% p.a.) | |
| Regular Citizens | Senior Citizens | |
| 12 | 6.60 | 6.85 |
| 24 | 7.00 | 7.25 |
| 36 | 7.00 | 7.25 |
| 48 | 7.00 | 7.25 |
| 60 | 7.00 | 7.25 |
Dhanvruddhi Cumulative Scheme (Online mode)
| Tenure (in months) | Interest Rates (% p.a.) | |
| Regular Citizens | Senior Citizens | |
| 15 | 6.75 | 6.85 |
| 30 | 7.00 | 7.10 |
| 42 | 7.00 | 7.10 |
Types of Mahindra Finance FD Schemes
- Dhanvruddhi Scheme (for both cumulative & non-cumulative deposits) wherein deposits can be opened through online mode only
- Samruddhi Scheme (for both cumulative & non-cumulative deposits) wherein FD can be opened through physical and online mode
Features of Mahindra Finance FD
- Minimum deposit amount: Rs 5,000
- Depositors can either opt for monthly, half-yearly, quarterly or yearly interest pay-out options under non-cumulative scheme
- Depositor also have the option of receiving interest pay-out at maturity
- Cumulative deposits are compounded annually
- This NBFC offers an additional 0.25% p.a. interest rate to senior citizen FD depositors for Samruddhi Fixed Deposits and a 0.10% p.a. additional rate for Dhanvruddhi Deposits.
- Auto renewal facility is available
Loan Against Fixed Deposit
- Depositor can avail loan against 75% of the deposit amount
- The interest rate charged would be 2% p.a. above the FD interest rate and any other charges as applicable on deposits
- FD should have run for a minimum tenure of 3 months
- Minimum FD amount: Rs 5,000
- The repayment mode is a one-time payment or is adjusted against the maturity
- Depositors can avail loans online by logging in to the Mahindra Finance FD Customer Portal.
Premature Withdrawal of Fixed Deposits
- Fixed deposit cannot be prematurely withdrawn for 3 months from the date of deposit
- In case FD is pre-closed between 3 months to 6 months from the date of FD opening, only the principal amount will be paid. No interest will be credited to the savings/current account of the depositor
- If a fixed deposit is pre-closed after 6 months but before maturity, the interest rate is 2% lower than the applicable interest rate. The applicable interest rate is for the tenure for which FD has run, or if no rate is specified, then interest payable will be 3% lower than the minimum rate at which the public deposits are accepted by the company