Mahindra FD Calculator

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%
yrs

Total value of investment

₹1,38,042

Invested amount
₹1,00,000
Estimated returns
₹38,042
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Samruddhi Cumulative Scheme Interest Rates (up to Rs.1 crore)

Tenure Interest Rate
12 months 5.75%
24 months 6.25%
36 months 6.55%
48 months 6.70%
60 months 6.70%

Note: The FD interest rates are effective as of 10 June 2022

Samruddhi Non-Cumulative Scheme Interest Rates (up to Rs.1 crore)

Tenure Interest Rate (Monthly) Interest Rate (Quarterly) Interest Rate (Half-Yearly) Interest Rate (Yearly)
12 months 5.15% 5.30% 5.40% 5.70%
24 months 5.65% 5.80% 5.90% 6.20%
36 months 5.75% 6.10% 6.20% 6.30%
48 months 5.90% 6.25% 6.35% 6.45%
60 months 5.90% 6.25% 6.35% 6.45%

Note: The FD interest rates are effective as of 10 June 2022

Features of Samruddhi Cumulative FD Scheme

Particulars Details
Minimum deposit amount Rs 5,000
Maximum deposit amount Rs 1 crore
Mode of deposit Online/Offline
Frequency of interest payment Once, at the end of the FD term
Tax deduction Tax deducted after the interest is compounded

Features of Samruddhi Non-Cumulative Deposit Scheme

Particulars Details
Minimum deposit amount Rs 25,000 (For half-yearly interest payment option)Rs 50,000 (For quarterly interest payment option)
Maximum deposit amount Rs 1 crore
Mode of deposit Online/Offline
Frequency of interest payment Monthly/ quarterly/ half-yearly/ yearly
Tax deduction Tax deducted before the interest is compounded

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