Priyanka Poojary
On February 23, 2022 Mahindra Finance has launched a Special Deposit Scheme for its customers. This scheme is a part of company’s digitalization policy under which higher interest rates would be offered to the digitally conscious consumers. Under this scheme the deposit holders will get 20bps higher interest rates per annum. Tenure of deposits offered under this scheme is 30 and 42 months. Senior citizens will get another 20 bps higher rates. This scheme is launched for focusing on digitalization of banks services. It will encourage consumers to take benefit of digital services. The deposit holders will have the opportunity to interact with the deposit taking companies under this scheme.
Scheme Overview:
| Scheme Name | Special Deposit Scheme |
| Scheme Under | Mahindra Finance |
| Launch Date | February 23, 2022 |
| Beneficiaries | Digitally active deposit holders |
| Objective | To provide higher interest rates on deposits to digitally conscious customers |
| Official Website | https://www.mahindrafinance.com/ |
Scheme Benefits:
- This scheme will be available digitally to the customers.
- It will provide higher rates of interest to the deposit holders.
- The deposit holders will get 20bps higher interest rates per annum.
- Senior citizens will get another 20 bps higher rates.
- It will encourage digital consciousness in the customers.
How to Apply:
- Visit the official website @mahindrafinance.com
- In the deposits section, check eligibility and start with new registration.
- Accordingly, login and fill in the form with required details.
- Upload required documents and submit.
- Take a printout of the form for future reference.
Documents Required:
- Aadhaar card
- PAN card
- Bank account details
- Address details
- Passport sized photo
