If you can take some risk to get higher returns on FD, then corporate or NBFC FD is a good option for investment. The advantage in this is that you get about 2 percent more returns than banks. However, these are considered less secure than bank FDs.
Bajaj Finserv
Bajaj Finserv offers FDs of 18, 22, 33 and 44 months to its customers. This NBFC company is offering investors 7.40 percent to 8.25 percent interest on FDs of all tenures. Bajaj Finserv is offering interest rates of 7.8 percent on 18 month FD, 7.9 percent on 22 month FD, 8.10 percent on 33 month FD and 8.25 percent on 33 month FD.
Muthoot Capital
Interest ranging from 7.45 percent to 8.5 percent is being offered by Muthoot Capital. The NBFC company is offering 7.45 percent interest on one year FD, 8.5 percent on 15 month FD, 8 percent on two year FD, 8.5 percent on three year FD and 7.5 percent on five year FD.
Shriram Finance
Shriram Finance is offering 7.85 percent to 8.8 percent on FD. The interest rate being given is 7.85 percent on one year FD, 8.15 percent on two year FD, 8.70 percent on three year FD and 8.80 percent on five year FD.
Mahindra Finance
Mahindra Finance is offering interest ranging from 7.75 percent to 8.05 percent on FD. NBFC company is offering 7.75 percent interest on 15 month FD, 7.9 percent interest on 30 month FD, 8.05 percent interest on 42 month FD.
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