Sunday, May 24, 2009

Fixed Deposits from Mahindra Finance

Want to still get 10% interest rate even after banks cut off the interest rates? !! Check out the fixed deposit scheme from Mahindra Finance.

Cumulative Scheme
Min AmountPeriod (Months)Interest* p.a.Amount PayableEffective yield p.a.
Rs 10,000129.00%Rs 10,9009.00%
189.25%Rs 11,4309.53%
249.50%Rs 11,9909.95%
3610.00%Rs 13,31011.03%
Non Cumulative Half - Yearly Scheme
Min AmountPeriod (Months)Interest* p.a.
Rs 25,000128.75%
249.25%
369.75%


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