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Personal Finance Blog India –

Mahindra Finance Fixed Deposits


MAHINDRA & MAHINDRA FINANCIAL SERVICES:

Review Of Fixed Deposit Scheme:

Mahindra & Mahindra Financial Services -Briefly known as Mahindra Finance – Non-Banking Finance Company – part of M&M Group

Fixed deposits of have highest credit rating “FAAA” which indicates the highest safety.

Both cumulative as well interest payout options available.
Sr. Citizens will get extra 0.25%
Asset under management : more than rs.10,000 crore

Interest Rates –

Interest rates for Cumulative Deposits  are as follows:(Last updated : May 01, 2016).

PERIOD(MONTHS) RATE OF INTEREST(%)  Compounded p.a. Approximate MATURITY AMOUNT OF RS.10,000/-
12 8.45 10,845
18 8.45 11,294
24 8.45 11761
36 8.45 12,755
48 8.45 13,833
60 8.45 15002
MIN APPLICATION: RS.10000/-
HIGHEST RATINGS FROM CRISIL(FAAA).
0.25% EXTRA FOR SR.CITIZENS /0.35 extra for M&M EMPLOYEES.

Growth In Operating Profit:

dyerware.com

Annual Growth In NET ASSET:In Crore

dyerware.com

 Mahindra & Mahindra Financial Services РReview Of Profit After Tax in Crores:

dyerware.com

Overall,Good interest rates,Growing profits every year,dividend paying company every year ,Highest Credit Rating : AAA ,indicates a good Fixed Deposit to invest.


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Information provided on this blog is for general purpose only & not investment advice.Please take advice of SEBI Registered Investment Advisors before taking any investment decision.
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