Mahindra Finance Deposits
Mahindra & Mahindra Financial Services Limited
Cumulative Scheme
| Minimum Amount | Period (Months) | Amount Payable (Rs.) | Interest* p.a. | Effective Yield p.a.** |
| Rs. 10,000 | 12 | 10,800 | 8.00% | 8.00% |
| Rs. 10,000 | 18 | 11,272 | 8.25% | 8.48% |
| Rs. 10,000 | 24 | 11,772 | 8.50% | 8.86% |
| Rs. 10,000 | 36 | 12,950 | 9.00% | 9.83% |
Non –Cumulative Scheme
| Minimum Amount | Period (Months) | Interest* # p.a. |
| Rs. 25,000 | 12 | 7.75% |
| Rs. 25,000 | 24 | 8.25% |
| Rs. 25,000 | 36 | 8.75% |
* Senior Citizens/ Shareholders/ Employees will get an additional rate of 0.25% per annum #Interest payment half yearly on 30th September and 31st March only through ECS. ## compounded annually.
Renewals for Company Fixed Deposit scheme wil be accepted in the Scheme prevalling on date of maturity. Only Principal Amount will be renewd in case of renewal. Additional amount will be accepted in multiples of Rs.1000/-.
Communication Address: Link Intime India Pvt Ltd Fort(Customer Care): 203, Davar House, 2nd Floor, D. N. Road, Mumbai- 400078. Tel: 022-22694127, 25946960. Fax: 022-25946969. email: mflfd@linkintime.co.in In Case of any querry on or to invest Latest Interest Rates on Unitech Limited Company Deposits Ask our Authorised Agent before Investing Money & See the last updated time stamp.Tags: Mahindra and Mahindra, Mahindra Finance, Mahindra Finance Company Deposit, Mahindra Finance Fixed Deposit
Company Deposits | Sameer Trivedi January 10, 2010
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By tax savings in India, February 11, 2010 @ 12:52 am
how will you rate this? is this better than Post office MIS