Earn upto 10.25% on your savings.. Invest in AAA rated Mahindra Finance fixed deposits. Click here to know more.

Corporate Fixed Deposits

Mahindra & Mahindra Financial Services Ltd.

  • MMFSL is a subsidiary of Mahindra and Mahindra Ltd (M&M). The company is one of India’s leading non-bank finance companies focused on the rural and semi-urban sector
  • The company has 547 branches as on March 2011. It has three subsidiaries Mahindra Insurance Brokers Ltd (MIBL), Mahindra Rural Housing Finance Ltd (MRHFL), Mahindra Business & Consulting Service Private Ltd (MBCSPL)
  • The company has started accepting deposits from the public from January 1, 2009
  • Crisil Limited has upgraded the credit rating on fixed deposits to ‘FAAA’ from ‘FAA’

Mahindra Finance Co. Fixed Deposit**

  • Period
  • 12
  • 18
  • 24
  • 36
  • 48
  • 60
  • Min Amt
  • Non Cumulative Scheme - Regular Plus
  • Half yearly
  • 8.50%
  • -
  • 9.25%
  • 9.50%
  • 9.00%
  • 9.00%
  • Rs. 25,000
  • Quarterly
  • 8.40%
  • -
  • 9.15%
  • 9.40%
  • 8.90%
  • 8.90%
  • Rs. 50,000
  • Cumulative Scheme - Multiplier Plus
  • Interest
  • 9.00%
  • 9.25%
  • 9.50%
  • 9.75%
  • 9.25%
  • 9.25%
  • Rs. 20000
  • Yield
  • 9.00%
  • 9.53%
  • 9.95%
  • 10.73%
  • 10.61%
  • 11.61%
  • Rs. 20000
  • Maturity Value for 20,000/-
  • 21,800
  • 22,860
  • 23,980
  • 26,438
  • 28,492
  • 31,126
  • -
*0.25% extra for senior citizen across all slabs.
** Above rates applicable from December 4, 2014.