Can I renew a Fixed Deposit sourced through another platform?

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• How can I renew the fixed deposit?

  All fixed deposits which are due for maturity can be renewed online through Fintso. • The renewal process must be initiated between 10 to 25 days (both inclusive) prior to the existing fixed deposit maturity date. • An online application through ...

• What is a Corporate Fixed Deposit? How it is different from a Bank Fixed Deposit?

  Corporate Fixed Deposits are term deposits which are held over a fixed period at fixed rates of interest. Corporate Fixed Deposits are offered by Financial and Non-Banking Financial Companies (NBFCs). The maturities of various corporate fixed ...

• What are payment modes available for paying the Principal Amount of the Fixed Deposit application?

  Once the distributor initiates the fixed deposit transaction on Fintso, the investor can transfer money through either Net banking or NEFT/RTGS, depending on what was chosen by the distributor. ·         If the payment mode chosen is Net Banking, ...

• What is the minimum deposit amount for the cumulative deposit & the non-cumulative deposit schemes?

  Minimum investment for Mahindra Finance fixed deposit is: Options: Cumulative:  Interest Payable Frequency: None Minimum Investment : ₹ 5,000/- Non-cumulative Interest Payable Frequency: Monthly & Quarterly ₹ 50,000/- Half-year & Yearly ₹ 25,000/-

• Will Mahindra Finance allow loan on deposit?

  A loan may be granted against Mahindra Finance Deposit up to 75% of the deposit amount. A loan will be given to any depositor who has a live fixed deposit which is more than 3 months old. The FDR will be marked with lien against the release of the ...