Mahindra Finance Samruddhi FD
Samruddhi Scheme. Applicable for Deposits up to 1 Cr
Samruddhi Scheme. Applicable for Deposits up to Rs.5 Cr. w.e.f 21st September 2023 | ||||||||
Minimum Amount | Cumulative Scheme | Non-Cumulative | ||||||
Tenure | Amount | Cumulative ROI | Effective Yield | Monthly ROI | Qtrly ROI | Half Yrly ROI | Yrly ROI | |
Rs.5,000/- | 12 | 5380 | 7.60% | 7.60% | 7.20% | 7.25% | 7.35% | 7.60% |
24 | 5805 | 7.75% | 8.05% | 7.25% | 7.35% | 7.50% | 7.75% | |
36 | 6307 | 8.05% | 8.72% | 7.50% | 7.60% | 7.80% | 8.05% | |
48 | 6815 | 8.05% | 9.08% | 7.50% | 7.60% | 7.80% | 8.05% | |
60 | 7364 | 8.05% | 9.45% | 7.50% | 7.60% | 7.80% | 8.05% |
Addittional Rates Senior Citizen 0.25%
Interest Payment Half yearly on 30th September & 31st march through NEFT/NACH.
Interest Payment Quartely 30th June,30th September,31st Dec & 31st march through NEFT/NACH.
Compounded annually in case of Cumulative Deposit, Intrest is compounded before deduction of Tax
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