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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
  • 9.00%
  • -
  • 9.75%
  • 10.00%
  • 9.50%
  • 9.50%
  • Rs. 25,000
  • Quarterly
  • 8.90%
  • -
  • 9.65%
  • 9.90%
  • 9.40%
  • 9.40%
  • Rs. 50,000
  • Cumulative Scheme - Multiplier Plus
  • Interest
  • 9.25%
  • 9.75%
  • 10.00%
  • 10.25%
  • 9.75%
  • 9.75%
  • Rs. 20000
  • Yield
  • 9.25%
  • 10.07%
  • 10.50%
  • 11.34%
  • 11.27%
  • 11.85%
  • Rs. 20000
  • Maturity Value for 20,000/-
  • 21,850
  • 22,995
  • 24,200
  • 26,802
  • 29,017
  • 31,846
  • -
*0.25% extra for senior citizen across all slabs