Features & Benefits :

  • The MMFSL Fixed Deposit has a Crisil rating of 'FAAA', which indicates a high level of safety.
  • 0.25% additional interest rate for senior citizens for Samruddhi Fixed Deposits.
  • 0.35% additional interest rate for all Mahindra group company employees & employees relatives for Samruddhi Fixed Deposits.
  • 0.10% additional interest rate for Senior Citizens for Dhanvruddhi Deposits (Mode of investment-Only Online transaction through MMFSL website).


Rates w.e.f 11th June 2018

Dhanvruddhi Cumulative/Non-Cumulative Scheme - Only for online investors through Mahindra Finance website

Dhanvruddhi Cumulative Scheme*
Minimum Amount (Rs). Tenure Amount Payable(Rs.) Interest p.a** Effective Yield p.a*
Rs.5,000+
15 5505 7.95% 8.07%
20 5688 8.00% 8.26%
27 6011 8.50% 8.99%
33 6301 8.75% 9.46%
40 6619 8.75% 9.71%

Additional Rates : Senior Citizen 0.10%.

Dhanvruddhi Non-Cumulative Scheme*
Period (Months) Interest p.a.*,** (Yearly) Interest p.a.*,** (Monthly)
15 7.95% 7.45%
20 8.00% 7.95%
27 8.50% 8.00%
33 8.75% 8.25%
40 8.75% 8.25%
Min.Amount 50000+ 150000+
Additional Rates : Senior Citizen 0.10%.

Samruddhi Cumulative/Non Cumulative Schemes -Only through Physical applications

Samruddhi Cumulative Schemes
Minimum Period Amount Interest Effective
Amount (Months) Payable (Rs.) p.a.*/‡ Yield p.a.**
Rs.5,000+
12 5385 7.70% 7.70%
18 5597 7.75% 7.95%
24 5859 8.25% 8.59%
36 6386 8.50% 9.24%
48 6929 8.50% 9.65%
60 7518 8.50% 10.07%
Samruddhi Non-Cumulative Schemes
Period (Months) Interest p.a.*#/‡ (Half yearly) Interest p.a.*#/‡ (Quarterly)
12 7.55% 7.5%
18 NA NA
24 8.10% 8.05%
36 8.35% 8.30%
48 8.35% 8.30%
60 8.35% 8.30%
Min.Amount 25000+ 50000+

  • Senior Citizen additional 0.25% interest rate
  • Employee/Employee's relatives will get an additional 0.35% rate per annum (All Mahindra group company employees)
  • Samruddhi Deposit Applications are available at Mahindra Finance Branches & with Authorised Agents
  • */‡ # Please refer to FD Applications
  • *Maximum permitted investment by Institutions under Dhanvruddhi Schemes, not more than 99 lakh

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