You can earn interest on corporate fixed deposits (FDs) just like FDs with banks. These are fixed deposits held with companies (other than banks). In this article we compare the rates and features of different company or corporate fixed deposit schemes available in India.
|Name||Fixed Deposit Interest Rate (in %)*||Tenure (in months)|
|Mahindra Finance FD Scheme (MMFSL)||8.75||15 to 60|
|LIC Housing Finance FD||8.10||12/18/24/36/60|
|Bajaj Finance FD||8.40||12 to 60|
|HDFC FD||8.10||15 to 84|
|DHFL FD||8.75||12 to 120|
|PNB Housing FD||8.45||12 to 120|
|Shriram City Union Finance FD||8.75||12/24/36/48/60|
|Shriram Transport Finance FD||8.75||12/24/36/48/60|
|ICICI Home Finance FD||8.15||12 to 60|
|Sundaram Finance Company FD||7.75||12/18/24/36|
|Kerala Transport Development Finance Corporation FD||8.25||12 to 60|
|Housing and Urban Development Corporation (HUDCO) FD||7.25||12 to 60|
|Hawkins Pressure Cooker FD||10.75||12 to 36|
*This is the highest rate offered to a resident Indian individual depositor for a specific tenure. Exact FD rate will depend on the tenure of the FD booked. Higher rates may be offered to senior citizens and existing depositors.