Fixed deposits have been the most sought-after saving option for many generations to this day. They are the simplest financial instruments to understand. That makes them a favorite of most Indian households. Almost everyone knows how they work. You deposit some money with a bank and earn interest on it. That’s it. Corporate or company fixed deposits are getting popular. They fetch a better rate than that offered by the banks on fixed deposits. In this comprehensive article, we answer all your questions regarding corporate fixed deposits including their definition, benefits, who can invest in them, and more.
| Company Name | Rating | Rate Of Interest(%) p.a. | Additional Rate of Interest | |||||||
| 12M | 15M | 24M | 33M | 36M | 48M | 60M | 84M | |||
| Bajaj Finance Ltd for Individual | CRISIL: FAAA ICRA: MAAA | 7.15 | - | 7.50 | - | 7.60 | 7.60 | 7.60 | 7.60 | 0.25% Extra for Sr.Citizen upto 2Cr. |
| Bajaj Finance Ltd for Individual | CRISIL: FAAA ICRA:MAAA | - | 7.30 | 18M 7.15 | 22M 7.45 | 30M 7.40 | 33M 7.70 | 44M 7.85 | - | 0.25% Extra for Sr.Citizen upto 2Cr. |
| HdFC LTD for Individual (upto 2 Cr.) | CRISIL: FAAA ICRA:MAAA | 6.85 | 7.30 | 7.30 | 7.50 | 7.35 | 7.35 | 7.35 | 66M 7.55 | 0.25% Extra for Sr.Citizen upto 2Cr. |
| HdFC LTD for Individual & Trust (>Rs.2Cr. to Rs.5Cr.) | CRISIL: FAAA ICRA:MAAA | 7.5 | - | 7.45 | - | 7.45 | 7.45 | 7.45 | - | 0.25% Extra for Sr.Citizen upto 2Cr. |
| LIC Housing Finance LTD | CRISIL: FAAA | 7.00 | - | 7.35 | - | 7.50 | - | 7.50 | - | 0.25% Extra for Sr.Citizen |
| M&M Financial Services LTD (Up to Rs 50 Lac) | CRISIL: FAAA | 7.05 | - | 7.50 | - | 7.50 | 7.50 | 7.50 | - | 0.25% Extra for Sr.Citizen |
| PNB Housing Finance LTD (UP to Rs.5Cr.) | CRISIL: FAA+ Care AA+ | 7.00 | - | 6.80 | - | 7.55 | 7.40 | 7.40 | 7.40 | 0.25% Extra for Sr.Citizen upto 1Cr. |
| Shriram Finance LTD. | ICRA: | 7.30 | - | 7.75 | - | 8.15 | 8.25 | 8.45 | - | 0.5% for Sr.Citizen, 0.25% Extra for Renewals & 0.10% extra for women |