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Mahindra Finance Interest Rates & Calculators

Complete guide to Mahindra Finance interest rates for FD, RD, and loans, plus top credit card comparison. Use our calculators to plan investments better.

Best FD Rate
7.8% p.a.
Home Loan
From 8.75%

Mahindra Finance FD Rates Overview

Mahindra Finance currently offers fixed deposit interest rates of up to 7.45% p.a. for the general public, and 7.8% for senior citizens. The full slab-wise Mahindra Finance rate table is below — use the FD and RD calculators to compute your exact maturity amount.

Mahindra Finance Financial Calculators

Latest Mahindra Finance Interest Rates

Verified rate tables updated as banks revise deposit & loan terms.

Mahindra Finance Fixed Deposit Rates

FD Calculator

Latest Mahindra Finance Fixed Deposit interest rates for all tenures. Compare general and senior citizen rates.

Type / TenureGeneral RateSenior Citizen Rate
12 Months
6.6%6.85%
18 Months
6.6%6.85%
24 Months
6.85%7.1%
30 Months
6.85%7.1%
36 Months
7.4%7.75%
42 Months
7.4%7.75%
48 MonthsHighest Yield
7.45%7.8%
60 MonthsHighest Yield
7.45%7.8%

Mahindra Finance Recurring Deposit Rates

RD Calculator

Latest Mahindra Finance Recurring Deposit interest rates for all tenures. Compare general and senior citizen rates.

Type / TenureGeneral RateSenior Citizen Rate
12 Months
6.6%6.85%
18 Months
6.6%6.85%
24 Months
6.85%7.1%
30 Months
6.85%7.1%
36 Months
7.4%7.75%
42 Months
7.4%7.75%
48 MonthsHighest Yield
7.45%7.8%
60 MonthsHighest Yield
7.45%7.8%

Mahindra Finance Loan Rates

Mahindra Finance Loan Interest Rates Rates

Current Mahindra Finance loan interest rates and processing fees for different loan types.

Type / TenureMin RateMax RateProcessing Fee
Home LoanHighest Yield
8.75%12%0.25-0.50% of loan amount + GST
Personal Loan
12%24%1-2% of loan amount + GST
Car Loan
9.5%14%0.5% of loan amount + GST
Education Loan
10%14.5%Nil for loans up to ₹7.5 lakhs
Business Loan
12%20%1% of loan amount + GST
Two Wheeler Loan
12.5%18%₹1,000-₹1,500 + GST
Gold Loan
10%14%₹500-₹750 + GST

Why Choose Mahindra Finance?

Key benefits and features of banking with Mahindra Finance.

Competitive Rates

Up to 7.8% returns on deposits with attractive rates across short & long tenures.

Bank Security

RBI regulated financial institution with DICGC insurance up to ₹5 Lakhs.

Digital Banking

Instant online FD/RD booking, mobile banking apps, and quick digital loans.

Customer Service

Extensive branch & ATM network across India with dedicated support.

Key Features & Perks

Best FD Rate: 7.8% for Senior Citizens
General Rate: 7.45% for all citizens
Min FD Amount: ₹5K only
Min RD Amount: ₹0 monthly
Home Loan Rate: From 8.75%
Personal Loan: From 12%
Senior Citizen Benefit: Additional 0.5% on all tenures
Premature Penalty: Only 1%
Tax Deduction: TDS applicable if interest exceeds ₹40,000 per annum (₹50,000 for senior citizens)
Online Banking Available
Loan Against FD: Up to 90%
NBFC with CRISIL AAA/Stable and India Ratings IND AAA/Stable ratings
Retail Fixed Deposit Cumulative Scheme (up to ₹5 Crore)
Cumulative FD rates: 12m/18m (6.60%), 24m/30m (6.85%), 36m/42m (7.40%), 48m/60m (7.45%)
Senior citizens get +0.25% p.a. additional interest for tenures below 36 months, +0.35% p.a. for 36 months and above (up to ₹5 Cr)
Minimum deposit ₹5,000; max ₹5 Crore; tenure 12–60 months
Additional 0.05% p.a. on renewal of deposits
Additional 0.05% p.a. for women depositors (all categories) on tenures of 36 months and above, up to ₹5 Crore, effective 3rd Aug 2026 (quoted: "An additional interest rate of 0.05% p.a. will be applicable to women depositors...for tenures of 36 months and above up to ₹5 Crore only.")
Rates effective 22nd May 2026
Interest rates last updated: May 2026
Verify on Mahindra Finance Official Website
Market Comparison

Compare Rates with Other Banks

Check latest fixed deposit interest rates across peer financial institutions before investing.

Disclaimer: Results are estimates for financial planning purposes only and do not constitute financial, tax, investment, or legal advice. Actual values may vary based on your lender, market conditions, and individual circumstances. Consult a qualified CA, CFP, or financial advisor before making any financial decisions.