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Mahindra Finance Fixed Deposit Calculator

Calculate your FD returns with latest Mahindra Finance rates

Highest FD Rate

7.25% p.a.

Best available rate by Mahindra Finance across tenures

Rates Last Updated

Dec 2025

Rates updated regularly for accuracy

Official Mahindra Finance Rates
Highest Rate: 7.25% for Senior Citizens
Best Rate: 7% for General Citizens
Min Investment: ₹5K only
Senior Citizen Benefit: Additional 0.5% on all tenures
Premature Penalty: Only 1%
TDS Limit: Interest up to ₹40,000 tax-free
Flexible Tenure: 7 days to 10 years
Auto-Renewal Available
Loan Against FD: Up to 90%
Online FD Booking Available
NBFC with CRISIL AAA/Stable and India Ratings IND AAA/Stable ratings
Senior citizens get +0.25% additional interest for Samruddhi Deposits
Senior citizens get +0.10% additional interest for Dhanvruddhi Deposits (up to 5 Cr)
Employees/Employees' relatives get +0.35% additional rate for Samruddhi Deposits (up to 5 Cr)
Additional 0.05% p.a. on all renewal of deposits (w.e.f. 1st June 2025)
Flexible interest payout options: Monthly, Quarterly, Half-yearly, Yearly
Minimum deposit: ₹5,000
Maximum deposit: ₹5 crores
Tenure: 12 to 60 months
Rates effective from 25th June 2025
Highest Rate: 7.25% for Senior Citizens
Best Rate: 7% for General Citizens
Min Investment: ₹5K only
Senior Citizen Benefit: Additional 0.5% on all tenures
Premature Penalty: Only 1%
TDS Limit: Interest up to ₹40,000 tax-free
Flexible Tenure: 7 days to 10 years
Auto-Renewal Available
Loan Against FD: Up to 90%
Online FD Booking Available
NBFC with CRISIL AAA/Stable and India Ratings IND AAA/Stable ratings
Senior citizens get +0.25% additional interest for Samruddhi Deposits
Senior citizens get +0.10% additional interest for Dhanvruddhi Deposits (up to 5 Cr)
Employees/Employees' relatives get +0.35% additional rate for Samruddhi Deposits (up to 5 Cr)
Additional 0.05% p.a. on all renewal of deposits (w.e.f. 1st June 2025)
Flexible interest payout options: Monthly, Quarterly, Half-yearly, Yearly
Minimum deposit: ₹5,000
Maximum deposit: ₹5 crores
Tenure: 12 to 60 months
Rates effective from 25th June 2025
₹

One Lakh rupees

₹1,000₹20,00,000

Minimum amount varies by bank (typically ₹1,000)

years
1 year10 years

Cumulative FDs usually give higher maturity. Payout FDs suit monthly/quarterly income needs.

FD Maturity Summary

Best Fixed Deposit Rates Comparison 2026

Compare FD interest rates across top banks - General rates for 5 years

1
Suryoday Small Finance Bank FD rates

Suryoday SFB

5 years FD

8.05%

p.a.

Maturity

₹1.49L

Interest

₹49.0K

2
Jana Small Finance Bank FD rates

Jana SFB

5 years FD

8.00%

p.a.

Maturity

₹1.49L

Interest

₹48.6K

3
Utkarsh Small Finance Bank FD rates

Utkarsh SFB

5 years FD

7.75%

p.a.

Maturity

₹1.47L

Interest

₹46.8K

4
India Post - Post Office FD rates

Post Office

5 years FD

7.50%

p.a.

Maturity

₹1.45L

Interest

₹45.0K

5
DCB Bank FD rates

DCB Bank

5 years FD

7.15%

p.a.

Maturity

₹1.43L

Interest

₹42.5K

6
IDFC First Bank FD rates

IDFC First

5 years FD

7.00%

p.a.

Maturity

₹1.41L

Interest

₹41.5K

7
Slice Bank FD rates

Slice Bank

5 years FD

7.00%

p.a.

Maturity

₹1.41L

Interest

₹41.5K

8
LIC Housing Finance Limited FD rates

LIC HFL

5 years FD

6.90%

p.a.

Maturity

₹1.41L

Interest

₹40.8K

9
ESAF Small Finance Bank FD rates

ESAF SFB

5 years FD

6.75%

p.a.

Maturity

₹1.40L

Interest

₹39.8K

10
Yes Bank FD rates

Yes Bank

5 years FD

6.75%

p.a.

Maturity

₹1.40L

Interest

₹39.8K

11
Unity Small Finance Bank FD rates

Unity SFB

5 years FD

6.75%

p.a.

Maturity

₹1.40L

Interest

₹39.8K

12
Cosmos Bank FD rates

Cosmos Bank

5 years FD

6.75%

p.a.

Maturity

₹1.40L

Interest

₹39.8K

13
AU Small Finance Bank FD rates

AU Bank

5 years FD

6.71%

p.a.

Maturity

₹1.39L

Interest

₹39.5K

14
RBL Bank FD rates

RBL Bank

5 years FD

6.70%

p.a.

Maturity

₹1.39L

Interest

₹39.4K

15
IndusInd Bank FD rates

IndusInd

5 years FD

6.65%

p.a.

Maturity

₹1.39L

Interest

₹39.1K

16
Axis Bank FD rates

Axis

5 years FD

6.60%

p.a.

Maturity

₹1.39L

Interest

₹38.7K

17
Tamilnad Mercantile Bank FD rates

TMB

5 years FD

6.60%

p.a.

Maturity

₹1.39L

Interest

₹38.7K

18
Karur Vysya Bank FD rates

KVB Bank

5 years FD

6.55%

p.a.

Maturity

₹1.38L

Interest

₹38.4K

19
ICICI Bank FD rates

ICICI

5 years FD

6.50%

p.a.

Maturity

₹1.38L

Interest

₹38.0K

20
Equitas Small Finance Bank FD rates

Equitas SFB

5 years FD

6.50%

p.a.

Maturity

₹1.38L

Interest

₹38.0K

21
Dhanlaxmi Bank FD rates

Dhanlaxmi Bank

5 years FD

6.50%

p.a.

Maturity

₹1.38L

Interest

₹38.0K

22
HDFC Bank FD rates

HDFC

5 years FD

6.40%

p.a.

Maturity

₹1.37L

Interest

₹37.4K

23
Kotak Mahindra Bank FD rates

Kotak

5 years FD

6.40%

p.a.

Maturity

₹1.37L

Interest

₹37.4K

24
Bank of Baroda FD rates

BOB

5 years FD

6.40%

p.a.

Maturity

₹1.37L

Interest

₹37.4K

25
Federal Bank FD rates

Federal Bank

5 years FD

6.40%

p.a.

Maturity

₹1.37L

Interest

₹37.4K

26
Canara Bank FD rates

Canara Bank

5 years FD

6.25%

p.a.

Maturity

₹1.36L

Interest

₹36.4K

27
Standard Chartered Bank FD rates

Standard Chartered

5 years FD

6.25%

p.a.

Maturity

₹1.36L

Interest

₹36.4K

28
Indian Overseas Bank FD rates

IOB

5 years FD

6.20%

p.a.

Maturity

₹1.36L

Interest

₹36.0K

29
Karnataka Bank FD rates

Karnataka Bank

5 years FD

6.15%

p.a.

Maturity

₹1.36L

Interest

₹35.7K

30
Punjab National Bank FD rates

PNB

5 years FD

6.10%

p.a.

Maturity

₹1.35L

Interest

₹35.4K

31
State Bank of India FD rates

SBI

5 years FD

6.05%

p.a.

Maturity

₹1.35L

Interest

₹35.0K

32
Bank of India FD rates

BOI

5 years FD

6.00%

p.a.

Maturity

₹1.35L

Interest

₹34.7K

33
Indian Bank FD rates

Indian Bank

5 years FD

6.00%

p.a.

Maturity

₹1.35L

Interest

₹34.7K

34
Central Bank of India FD rates

Central Bank

5 years FD

6.00%

p.a.

Maturity

₹1.35L

Interest

₹34.7K

35
UCO Bank FD rates

UCO Bank

5 years FD

6.00%

p.a.

Maturity

₹1.35L

Interest

₹34.7K

36
Punjab & Sind Bank FD rates

PSB

5 years FD

5.95%

p.a.

Maturity

₹1.34L

Interest

₹34.4K

37
Union Bank of India FD rates

Union Bank

5 years FD

5.90%

p.a.

Maturity

₹1.34L

Interest

₹34.0K

38
Bandhan Bank FD rates

Bandhan

5 years FD

5.85%

p.a.

Maturity

₹1.34L

Interest

₹33.7K

39
Catholic Syrian Bank FD rates

CSB Bank

5 years FD

5.75%

p.a.

Maturity

₹1.33L

Interest

₹33.0K

40
South Indian Bank FD rates

South Indian Bank

5 years FD

5.70%

p.a.

Maturity

₹1.33L

Interest

₹32.7K

41
Bank of Maharashtra FD rates

Bank of Maharashtra

5 years FD

5.00%

p.a.

Maturity

₹1.28L

Interest

₹28.2K

Highest Rate

8.05%

Suryoday SFB

Max Interest

₹49.0K

Best Return

Rate Spread

3.05%

Difference

Banks Available

41

Compared

Mahindra Finance Fixed Deposit Calculator Results

Compare different investment amounts and tenures

Mahindra Finance Fixed Deposit Interest Rates

Latest interest rates for different tenures

Current FD Rates
TenureGeneral RateGeneral MaturitySenior Citizen RateSenior Maturity
15 Months
6.75%
₹108,603
7%
₹108,932
30 Months
7%
₹118,662
7.25%
₹119,383
42 Months
7%
₹127,068
7.25%
₹128,150

Important Notes

  • Min deposit: ₹5,000
  • Penalty: 1% on premature closure
  • TDS applicable if annual interest exceeds ₹40,000
  • Auto-renewal facility available

Key Benefits

  • Guaranteed returns with low risk
  • Better rates than savings accounts
  • Loan against FD facility
  • DICGC insurance up to ₹5,00,000

Tax & TDS on Mahindra Finance Fixed Deposits

Understanding tax implications and deductions on your FD investments

Tax Deductions Available

Section 80C

Tax-saving FDs (5-year lock-in) qualify for deduction up to ₹1.5 lakh under Section 80C

Senior Citizens

Higher TDS exemption limit of ₹50,000 for citizens above 60 years

• Regular FDs don't qualify for Section 80C deduction

• Interest income is fully taxable as per income tax slab

• Form 15G/15H can be submitted to avoid TDS

TDS (Tax Deducted at Source)

TDS Rate

10%

Exemption Limit

₹40,000

TDS Calculation

TDS is deducted at 10% if total interest from all FDs with Mahindra Finance exceeds ₹40,000 in a financial year

TDS is deducted at source by the bank

Form 26AS shows TDS deducted

Can be claimed as advance tax while filing ITR

No PAN: higher 20% TDS applies

Quick Tax Impact Calculator

₹5 Lakh FD

At 7% for 3 years

₹35,000

Annual Interest

TDS: ₹0

₹10 Lakh FD

At 7% for 3 years

₹70,000

Annual Interest

TDS: ₹3,000

₹25 Lakh FD

At 7% for 3 years

₹175,000

Annual Interest

TDS: ₹13,500

Mahindra Finance Fixed Deposit FAQs

Everything you need to know about Mahindra Finance Fixed Deposits, interest rates, and FD investment planning

What is the minimum amount required for Mahindra Finance FD?

The minimum amount required to open a Mahindra Finance Fixed Deposit is ₹5,000.

What is the current highest FD rate offered by Mahindra Finance?

Mahindra Finance currently offers up to 7.25% for senior citizens and 7% for general citizens on Fixed Deposits.

Is the interest earned on Mahindra Finance FD taxable?

Yes, interest earned on Mahindra Finance FD is taxable as per your income tax slab. TDS applicable if interest exceeds ₹40,000 per annum

Can I get a loan against my Mahindra Finance FD?

Yes, Mahindra Finance offers loans against FD up to 90-95% of the FD value at competitive interest rates.

Compare FD Rates Across Banks

Calculate Fixed Deposit returns with different banks and find the best rates

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