Company Overview : Mahindra and Mahindra Financial Services Limited is one of Indias leading non-banking finance companies. Through a vast network of branches,they provide personalised finance for the widest range of utility vehicles, tractors and cars, focusing on the rural and semi-urban sector.

Ratin g : CRISIL Rating - FAAA

Who can Invest : Resident Individuals, Trusts, Companies, HUFs, Director

Rates w.e.f 05th Sep 2022

Note: Physical Application won't be accepted. You can place order by contacting your Relationship Manager.

 

To Download Application Form Upto RS.50 Lakhs  Click Here

To Download Application Form above RS.50 Lakhs  Click Here

 

Samruddhi Scheme. Applicable for Deposits up to  1 Cr.
Cumulative Scheme				Non-Cumulative Scheme
Period (Months)	Interest p.a.*(%)	Effective Yield p.a.**(%)	Period (Months)	Interest p.a.* (Monthly,%)	Interest p.a.*#/‡ (Quarterly,%)	Interest p.a.*#/‡ (Half yearly,%)	Interest p.a.*  (Yearly,%)
12	6.25	6.25	12	5.80	5.90	6.10	6.25
24	6.60	6.82	24	6.20	6.20	6.40	6.60
36	7.25	7.79	36	6.80	6.90	7.00	7.25
48	7.25	8.08	48	6.80	6.90	7.00	7.25
60	7.25	8.38	60	6.80	6.90	7.00	7.25
Minimum Amount	Rs.5,000/-		Minimum Amount	Rs.50,000		Rs.25,000

 

Samruddhi Scheme, bulk Deposit . Applicable for Deposits above  Rs.1Cr upto 5 Cr. w.e.f 5 Sep  2022
Minimum Amount	Cumulative Scheme (ROI %)				Non-Cumulative(ROI%)
	Tenure	Cumulative ROI	Maturity Amount	Effective Yield	Tenure	Qtrly ROI	Half Yrly ROI
Rs.100,00,000/-	12	6.25%	10625000	6.25%	12	5.90%	6.10%
	24	6.60%	11363560	6.82%	24	6.20%	6.40%
	36	7.25%	12336498	7.79%	36	6.90%	7.00%
	48	7.25%	13230894	8.08%	48	6.90%	7.00%
	60	7.25%	14190134	8.38%	60	6.90%	7.00%

 

Samruddhi Scheme, bulk Deposit . Applicable for Deposits above  5 Cr. w.e.f 5th Sep  2022
Minimum Amount	Cumulative Scheme (ROI %)				Non-Cumulative(ROI%)
	Tenure	Cumulative ROI	Maturity Amount	Effective Yield	Tenure	Qtrly. ROI	Half Yrly ROI
Rs.50,000,000/-	12	6.70%	53350000	6.70%	12	6.30%	6.50%
	24	7.00%	57245000	7.25%	24	6.60%	6.80%
	36	7.25%	61682491	7.79%	36	6.90%	7.00%
	48	7.25%	66154472	8.08%	48	6.90%	7.00%
	60	7.25%	70950671	8.38%	60	6.90%	7.00%

Additional Rates Senior Citizen 0.25%

Interest Payment Half yearly on 30th September & 31st march through NEFT/NACH.

Interest Payment Quartely 30th June,30th September,31st Dec & 31st march through NEFT/NACH.

Compounded annually in case of Cumulative Deposit, Intrest is compounded before deduction of Tax