login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
|

Is there a different fixed deposit interest rate calculator for senior citizens and tax-saving FD schemes?

mahindra-finance-author

by Mahindra Finance

|

December 11, 2023

|

1 mins read

No matter if you are a senior citizen and want to invest in FD, you must be aware that there is no different FD rate calculator. The tool is easy to use and can be used by anyone.

To know the interest earned and the maturity value, you just have to enter a few details the interest rate, the investment tenure, and investment amount. As soon you enter the details, you can see the results within a couple of minutes.

Also, in terms of a different tax-saving FD scheme, there is no such scheme at Mahindra Finance. But we do offer a higher interest rate for senior citizens fd.

Related articles

Guide On How To Withdraw Money From FD After Maturity

If you’ve recently had a fixed deposit mature, you might be wondering how to access your funds. The good news is that withdrawing money from a fixed deposit after maturity is a straightforward p...

KNOW MORE

February 23, 2024

How-To-Ge-A-Car-Loan-With-A-Bad-Or-Low-Credit-Score

How To Get A Car Loan With A Bad Or Low Credit Score

Dreaming of owning a car? Whether it’s for convenience or luxury, getting a car loan can turn that dream into reality. But what if you have a bad or low credit score? Don’t worry; there ar...

KNOW MORE

July 1, 2024

5 Ways To Secure A MSME Loan Without Collateral

Starting or expanding a business requires access to capital, and for many micro, small, and medium enterprises (MSMEs), securing funds can be challenging, especially if they do not have collateral to ...

KNOW MORE

April 10, 2024