Mahindra Finance Senior Citizen FD

Mahindra Finance is a popular deposit-taking NBFC incorporated on December 1, 1991. Managing assets of more than USD 14.1 billion, this NBFC is rated CRISIL AAA/Stable and IND AAA/Stable. 

As of August 12, 2025, the organisation runs multiple fixed deposit schemes for senior citizens, such as Samruddhi and Dhanvruddhi. Both these schemes accept deposits of up to ₹5 crore and offer the highest interest rates of 7.25% p.a. (in the Samruddhi scheme) and 7.10% p.a. (in the Dhanvruddhi scheme). 

Besides, if you are a high-deposit investor looking to invest more than ₹5 crore, you can even opt for the Bulk deposit scheme and earn interest rates up to 7.15% p.a. The rates are subject to change. Please check the latest interest rates before investing.

Interested? In this article, let’s check out the latest Mahindra Finance fixed deposit interest rates for senior citizens 2025 and the various Mahindra Finance senior citizen FD schemes. 

What is the “Dhanvruddhi” Mahindra Finance Senior Citizen FD Scheme?

The Dhanvruddhi FD scheme is a fixed deposit plan, which offers 0.10% p.a. extra to senior citizens (60 years and above) over the regular FD rates. This scheme is available in both cumulative and non-cumulative options. You can either select to receive funds at maturity or keep receiving interest at regular intervals. 

For more clarity, let’s check out some of its main features:

Feature	Details
Eligibility	Resident Individuals Non-resident Indians HUF Partnerships firms Corporations and Trusts
Additional Interest for Senior Citizens	+0.10% p.a. over the standard FD rate for chosen tenure
Payout frequency (under non-cumulative option)	Monthly Quarterly Half-yearly Annually
Minimum Deposit	₹5,000: If you choose the cumulative option ₹25,000: If you choose the half-yearly or yearly interest payout option ₹50,000: If you choose the monthly or quarterly interest payout option
Tenure Options	15, 30, or 42 months

Now, let’s see the latest Mahindra Finance fixed deposit interest rates for senior citizens offered under the Dhanvruddhi scheme.

Mahindra Finance FD Rates for Senior Citizens - Cumulative Option

Period (Months)	Minimum Amount (₹)	Amount Payable at Maturity (₹)	Interest p.a.
15	5,000	5,434	6.85%
30	5,000	5,939	7.10%
42	5,000	6,360	7.10%

Note: The interest rates mentioned above are valid as of August 12, 2025. They are inclusive of +0.10% p.a. additional interest. The rates are subject to change. Please check the latest interest rates before investing.

Mahindra Finance FD Rates for Senior Citizens - Non-cumulative Option

Period (Months)	Monthly (%)	Quarterly (%)	Half-Yearly (%)	Yearly (%)
15	6.65	6.70	6.75	6.85
30	6.90	6.90	7.00	7.10
42	6.90	6.90	7.00	7.10

Note: The interest rates mentioned above are valid as of August 12, 2025. They are inclusive of +0.10% p.a. additional interest. The rates are subject to change. Please check the latest interest rates before investing.

Want to invest online without visiting a physical branch? Visit the Goldenpi platform today and book your FD online. 

What is the “Samruddhi” Mahindra Finance Senior Citizen FD Scheme?

Under the Samruddhi scheme, senior citizens enjoy a bonus 0.25% p.a. rate on top of regular interest rates. This is an extra 0.15% p.a. as compared to the Dhanvruddhi scheme. 

For more clarity, let’s check out some key features of this scheme:

Feature	Details
Eligibility	Resident Individuals Non-resident Indians HUF Partnerships firms Corporations and Trusts
Additional Interest for Senior Citizens	+0.25% p.a. over the standard FD rate for chosen tenure
Payout frequency (under non-cumulative option)	Monthly Quarterly Half-yearly Annually
Minimum Deposit	₹5,000: If you choose the cumulative option ₹25,000: If you choose the half-yearly or yearly interest payout option ₹50,000: If you choose the monthly or quarterly interest payout option
Tenure Options	12, 24, 36, 48, and 60 months

Now, let’s see the latest Mahindra Finance fixed deposit interest rates for senior citizens offered under the Samruddhi scheme:

Mahindra Finance FD Rates for Senior Citizens - Cumulative Option

Period (Months)	Minimum Amount (₹)	Amount Payable at Maturity (₹)	Interest p.a.
12	5,000	5,343	6.85%
24	5,000	5,751	7.25%
36	5,000	6,168	7.25%
48	5,000	6,615	7.25%
60	5,000	7,095	7.25%

Note: The interest rates mentioned above are valid as of August 12, 2025. They are inclusive of +0.25% p.a. additional interest. The rates are subject to change. Please check the latest interest rates before investing.

Mahindra Finance FD Rates for Senior Citizens - Non-cumulative Option

Period (Months)	Monthly (%)	Quarterly (%)	Half-Yearly (%)	Yearly (%)
12	6.65%	6.70%	6.75%	6.85%
24	7.05%	7.05%	7.15%	7.25%
36	7.05%	7.05%	7.15%	7.25%
48	7.05%	7.05%	7.15%	7.25%
60	7.05%	7.05%	7.15%	7.25%

Note: The interest rates mentioned above are valid as of August 12, 2025. They are inclusive of +0.25% p.a. additional interest. The rates are subject to change. Please check the latest interest rates before investing.

What is the “Bulk Deposit” Mahindra Finance Senior Citizen FD Scheme?

Under this Mahindra Finance senior citizen FD scheme, you need to invest a minimum of ₹5 crore in a single fixed deposit. The interest rate offered is the same as that for general investors. Please note that no bonus or additional rate is provided to senior citizens. 

Furthermore, this scheme is available only in the cumulative payout option, where interest is compounded annually and paid at maturity. For more clarity, check out some main features of this scheme:

Feature	Details
Eligibility	Resident Individuals Non-resident Indians HUF Partnerships firms Corporations and Trusts
Additional Interest for Senior Citizens	Not applicable
Payout frequency	Only cumulative
Minimum Deposit	₹5,00,01,000
Tenure Options	12 to 14 months 15 to 17 months 18 to 24 months 25 to 30 months

Let’s check out the latest Mahindra Finance FD rates 2025 for bulk deposits:

Period (Months)	Minimum Amount (₹)	Interest p.a.
12 to 14	5,00,01,000	6.65%
15 to 17	5,00,01,000	6.90%
18 to 24	5,00,01,000	7.10%
25 to 30	5,00,01,000	7.15%

Note: The interest rates mentioned above are valid as of August 12, 2025. The rates are subject to change. Please check the latest interest rates before investing.

Invest in Mahindra Finance FD for Senior Citizens via GoldenPi Online!

Mahindra Finance runs three senior citizen FD schemes: Samruddhi, Dhanvruddhi, and the Bulk Deposit scheme. Samruddhi gives senior citizens an extra 0.25% p.a. over regular rates. Whereas Dhanvruddhi offers an additional 0.10% per annum. Both these FD plans offer several FD tenures and come in cumulative and non-cumulative payout options.

On the other hand, if you are looking to make investments of more than ₹5 crore, you can go for the Bulk Deposit Scheme. It offers rates equal to general investors and comes only in the cumulative option.

The highest interest rates you can earn from these Mahindra Finance senior citizen FD schemes are:

• 7.25% p.a. in Samruddhi
• 7.10% p.a. in Dhanvruddhi
• 7.15% p.a. in the Bulk Deposit scheme

If safety is your concern, Mahindra Finance is rated CRISIL AAA/Stable and IND AAA/Stable. For those unaware, both of these are the highest credit ratings. They indicate high stability and minimal chances of default.

So, want to invest in the Mahindra Finance senior citizen FD schemes? You can book them online within minutes using the GoldenPI platform. Start your application from here.