Posts tagged: Mahindra and Mahindra

Mahindra & Mahindra Finance Company 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
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