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

Download App

Conveniently pay your EMIs, set payment reminders, view your loan details.

phone
|

Do I need to visit branch or submit the Fixed Deposit receipt to receive the proceeds on maturity?

mahindra-finance-author

by Mahindra Finance

|

December 20, 2023

|

1 mins read

Fixed deposit for senior citizen: No need to visit the branch or discharge the FDR receipt; FD proceeds will be directly credited to depositors account registered at the time of maturity in case of auto repayment option.

Related articles

Flat or Reducing Rate of Interest – Which Option is Best for Your Business?

When it comes to taking out a loan, one of the most critical factors to consider is the interest rate. The business interest rate determines how much you will pay throughout the loan and affects your ...

KNOW MORE

April 16, 2024

When & How To Refinance Your Used Car Loan

Are you looking to save money or improve the terms of your used car loan? Refinancing could be the solution you need. By taking advantage of lower interest rates, improving credit scores, or adjusting...

KNOW MORE

May 13, 2024

5 Reasons to Invest in Fixed Deposits

The best way to build your wealth is to invest wisely. As a part of this financial exercise, you can keep some portion of your savings in Fixed Deposits (FDs). These secure investment instruments offe...

KNOW MORE

June 29, 2023