CORPORATE FIXED DEPOSITS AND GOVERNMENT BONDS

 

When it comes to Investment, Fixed Deposits and Government Bonds are the best and safe options.Here we have compiled the list of Coporate Fixed Deposits of Best Rated Companies which are giving better Rate of Interest than Banks.

 

BAJAJ FINSERV

Period 12m 24m 36m 48m 60m APPLY NOW 
ROI(%) 7.60 7.65 7.70 7.80 7.80
               

MAHINDRA FINANCE

Period 12m 24m 36m 48m 60m APPLY NOW
ROI(%) 7.20 7.50 7.60 7.70 7.80
               

HDFC LTD.

Period 12m 24m 36m 48m 60m APPLY NOW
ROI(%) 7.10 7.10 7.10 7.10 7.30
               

PNB HOUSING

Period 12m 24m 36m 48m 60m APPLY NOW
ROI(%) 7.50 7.65 7.65 7.65 7.70
               

ICICI HOME FINANCE

Period 12m 24m 36m 48m 60m APPLY NOW
ROI(%) 7.20 7.40 7.40 7.45 7.55
               

SHRIRAM TRANSPORT FINANCE

Period 12m 24m 36m 48m 60m APPLY NOW
ROI(%) 7.80 8.00 8.60 8.70 8.75
               

GOVERNMENT OF INDIA BONDS

Period 7 year         APPLY NOW
  ROI (%) 7.75        

Bajaj Finserv


1. Minimum Amount Rs. 25000
2. Interest Compounded Annually.
3. Income Plan-Monthly, Quaterly, Half Yearly, Yearly & Cumulative.
4. Who Can Apply-Resident Individual, Minor through their guardians, Partnership firm, Proprietorship firm& Domestic Company.
5. 0.25% extra for Sr. Citizen, 0.10% extra Renewal, 0.10% for existing*
6. Cheque Should be drawn in favour of *Bajaj Finserv Ltd for FD of <<Depositer's Name>>
7. Ratings - FAAA by CRISIL; MAAA by ICRA


Mahindra Finance


1. Minimum Amount 10000, Interest Compounded Annually.
2. Registered Trust & Minors (through their guardians only)
3. Income Plan-Monthly, Quaterly, Half Yearly, & Cumulative.
4. Who Can Apply-Resident Individual, NRI, HUFs, Domestic Company.
5. 0.25% extra for Sr. Citizen*
6. Cheque Should be drawn in favour of “MMFSL-Fixed Deposite”
7. Ratings - FAAA by CRISIL


HDFC LTD.


1. Minimum Application Amount Rs. 20000/-
2. Interest Compounded Annually.
3. Income Plan-Monthly, Quaterly, Half Yearly, Yearly & Cumulative.
4. Who Can Apply-Resident Individual, NRI, Minor through their guardians, trust, society & Domestic Company.
5. 0.25% extra for Sr. Citizen.
6. Cheque Should be drawn in favour of “HDFC Ltd.”
7. Ratings - FAAA by CRISIL; MAAA by ICRA


PNB Housing Finance


1. Minimum Amount is Rs. 10000/-, For Monthly-25000/-
2. Interest Compounded Annually.
3. Income Plan-Monthly, Quaterly, Half Yearly, Yearly & Cumulative.
4. Who Can Apply-Resident Individual, HUFs, society, Trust, Company, NRI through NRO Account.
5. 0.25% extra for Sr. Citizen.
6. Cheque Should be drawn in favour of “PNB Housing Finance Ltd.”
7. Ratings - FAAA by CRISIL & AA+ by CARE


Shriram Transport Finance


1. Minimum Amount Rs. 5000/-.
2. Interest Compounded Annually.
3. Income Plan-Monthly, Quaterly, Half Yearly, Yearly & Cumulative.
4. Who Can Apply-Resident Individual, HUFs, Minor through their guardians, trust & Domestic Company.
5. 0.25% extra for Sr. Citizen & 0.25% for Renewals.
6. Cheque Should be drawn in favour of “Shriram Transport Finance Company Ltd.”
7. Ratings - FAAA by CRISIL; MAAA by ICRA


ICICI Home Finance


1. Minimum Application Amount Rs. 20000/-
2. Interest Compounded Annually.
3. Income Plan-Monthly, Quaterly, Yearly & Cumulative.
4. Who Can Apply-Resident Individual, NRI, Minor through their guardians, trust, society & Domestic Company.
5. 0.25% extra for Sr. Citizen.
6. Cheque Should be drawn in favour of “ICICI Home Fin - FD A/c”
7. Ratings - FAAA by CRISIL; MAAA by ICRA & AAA by CARE


Government of India Bonds


1. Investment Eligibility for Individual and HUF Only
2. Tenure/ Maturity Period - 7 years
3. Option : Non- Cumulative & Cumulative (Half Yearly Payable & Compounding)
4. Interest on Bonds will be taxable under the Income Tax Act, 1961
5 Exempt from wealth- Tax under the Wealth Tax Act, 1957