Mahindra Finance Samruddhi Fixed Deposits: Sprism

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Mahindra Finance has started accepting Fresh Deposits under the scheme Mahindra Finance Samruddhi Fixed Deposits w.e.f. Jan 24, 2011. The interest rates have been revised upwards by 0.50% under all the categories and tenure. This FD scheme has been rated FAAA by CRISIL indicating highest safety.

Cumulative Scheme					Non - Cumulative Scheme
Period	Amount Payable (Rs)	Interest (% p.a)	Effective Yield (% p.a)		Period	Interest (% p.a) Half Yearly	Interest (% p.a) Quarterly
12 Months	10,850	8.50	8.50		12 Months	8.25	8.15
18 Months	11,391	9.00	9.27		24 Months	9.25	9.15
24 Months	11,990	9.50	9.95		36, 48,  60 Months	9.75	9.65
36 Months	13,310	10.00	11.03
48 Months	14,641	10.00	11.06		Minimum Amount (Rs)	25,000	50,000
60 Months	16,105	10.00	12.21

• Minimum Amount (Cumulative Scheme) Rs: 10,000
• Additional amount in this scheme will be accepted in multiples of Rs.1,000
• Effective yield is compounded annually for cumulative scheme
• Senior Citizens & Employees will get an additional interest of 0.25% p.a.
• Renewals will be accepted in the scheme prevailing on the date of maturity and only principal amount will be renewed

Note: Interest rates and credit rating are subject to change. Kindly check the scheme details before investing.

Company Financials:

(Rs. Lakh)

Year Ended	PBT	PAT	Dividend on Equity Shares
2007-08	27197.15	17702.40	45%
2008-09	32562.09	21452.06	55%
2009-10	52056.85	34270.73	55%