Mahindra & Mahindra Finance Services Ltd. is one of the leading Non-Banking Financial Companies (NBFC) that allows its customers to invest their money in fixed deposits and earn interest at relatively higher rates. Mahindra Finance offers Samruddhi Scheme for cumulative and non-cumulative options (online and offline).
|FD Rating of Mahindra Finance Fixed Deposits|
|Credit Rating Agency||Rating||Outlook*|
ICRA gives a long term rating of AAA (SO). It is an indicator of the company’s structured finance instruments carry the highest degree of safety when it comes to servicing of financial obligations. To put it simply, there is a very low credit risk.
What is Outlook in credit rating?
The literal meaning of outlook is prospective or the likelihood of something happening in future. For credit rating, outlook indicates if the current rating will improve, go down or remain stable in the near to medium term (generally from 6 months to 2 years). Both, ICRA and CRISIL, provide three types of outlook, viz. Positive, Negative and Stable.