Hi Traders...
I had a query regarding the Mahindra Finance FD scheme which is currently open for subscriptions.
They have divided the scheme broadly into two..
1) Cumulative Scheme
2) Non cumulative half yearly scheme
Interest rate for cumulative scheme is slightly higher..
Can anyone please tell me the fundamental difference between these two schemes .. ?
I want to make one time investment fr a period of one year..
I had a query regarding the Mahindra Finance FD scheme which is currently open for subscriptions.
They have divided the scheme broadly into two..
1) Cumulative Scheme
2) Non cumulative half yearly scheme
Interest rate for cumulative scheme is slightly higher..
Can anyone please tell me the fundamental difference between these two schemes .. ?
I want to make one time investment fr a period of one year..