Here Are Fixed Deposit Interest Rates Offered By Non-Banking Financial Companies

Fixed deposit or FD, a secure financial instrument, is offered by banks as well as non-banking financial companies (NBFCs). The interest rates offered on company fixed deposits are higher than those on bank fixed deposits. However, while returns on bank FDs are assured, the interest rates on corporate fixed deposits depend on the profits posted by the companies, say financial experts. Non-banking finance companies such as Shriram Transport Finance Company Limited, Bajaj Finserv and Mahindra Finance offer the option of opening a fixed deposit..Here are the latest interest rates offered by non-banking finance companies on fixed deposits:.Shriram Transport Finance Co..The following FD interest rates are applicable on non-cumulative deposits according to stfc.in:.table.stfc_tbl { border-top: solid 1px #ccc; border-left: solid 1px #ccc; border-right: solid 1px #ccc; } table.stfc_tbl th { background-color: #f5f5f5; padding: 5px 10px; border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; } table.stfc_tbl td { border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; padding: 5px 10px; text-align: center; } table.stfc_tbl th:last-child, table.stfc_tbl td:last-child { border-right: 0; } @media (max-width: 480px) { table.stfc_tbl { display: table; min-width: 280px; max-width: 100%; font-size: 14px; } table.stfc_tbl th, table.stfc_tbl td, table.stfc_tbl th:nth-child(n+1), table.stfc_tbl td:nth-child(n+1) { display: table-cell; line-height: normal; } table.stfc_tbl th:last-child, table.stfc_tbl td:last-child { border-right: 0; } table.stfc_tbl th:first-child, table.stfc_tbl td:first-child { display: none; } } .scroll { overflow: auto; } . Non-Cumulative Deposits Period (months) Monthly % (p.a.) Quarterly % (p.a.) Half yearly % (p.a.) Yearly % (p.a.) 12 7.95 8 8.08 8.25 24 8.19 8.25 8.33 8.5 36 8.65 8.71 8.81 9 48 8.65 8.71 8.81 9 60 8.88 8.95 9.05 9.25 .The company also offers an additional interest rate of 0.25 per cent to senior citizens. .Bajaj Finserv.The following FD interest rates are applicable on non-cumulative deposits according to bajajfinserv.in:.table.bajaj_tbl { border-top: solid 1px #ccc; border-left: solid 1px #ccc; border-right: solid 1px #ccc; } table.bajaj_tbl th { background-color: #f5f5f5; padding: 5px 10px; border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; } table.bajaj_tbl td { border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; padding: 5px 10px; text-align: center; } table.bajaj_tbl th:last-child, table.bajaj_tbl td:last-child { border-right: 0; } @media (max-width: 480px) { table.bajaj_tbl { display: table; min-width: 280px; max-width: 100%; font-size: 14px; } table.bajaj_tbl th, table.bajaj_tbl td, table.bajaj_tbl th:nth-child(n+1), table.bajaj_tbl td:nth-child(n+1) { display: table-cell; line-height: normal; } table.bajaj_tbl th:last-child, table.bajaj_tbl td:last-child { border-right: 0; } table.bajaj_tbl th:first-child, table.bajaj_tbl td:first-child { display: none; } } .scroll { overflow: auto; } . Non-Cumulative Deposits Period (months) Minimum deposit Monthly % Quarterly % Half Yearly % Annual % Rs 25,000 7.72 7.77 7.85 8.00 24 - 35 7.88 7.93 8.00 8.15 36 - 60 8.28 8.34 8.42 8.60 15 Rs 1,00,000 7.77 7.82 7.89 8.05 .The company also offers an additional interest rate of 0.35 per cent to senior citizens..Mahindra Finance.The following FD interest rates are applicable on non-cumulative deposits according to mahindrafinance.com:.table.mahindra_tbl { border-top: solid 1px #ccc; border-left: solid 1px #ccc; border-right: solid 1px #ccc; } table.mahindra_tbl th { background-color: #f5f5f5; padding: 5px 10px; border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; } table.mahindra_tbl td { border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; padding: 5px 10px; text-align: center; } table.mahindra_tbl th:last-child, table.mahindra_tbl td:last-child { border-right: 0; } @media (max-width: 480px) { table.mahindra_tbl { display: table; min-width: 280px; max-width: 100%; font-size: 14px; } table.mahindra_tbl th, table.mahindra_tbl td, table.mahindra_tbl th:nth-child(n+1), table.mahindra_tbl td:nth-child(n+1) { display: table-cell; line-height: normal; } table.mahindra_tbl th:last-child, table.mahindra_tbl td:last-child { border-right: 0; } table.mahindra_tbl th:first-child, table.mahindra_tbl td:first-child { display: none; } } .scroll { overflow: auto; } . Non-Cumulative Deposits Period (Months) Yearly % (p.a.) Monthly % (p.a.) 15 8.30 7.75 20 8.35 8.00 27 8.60 8.10 33 9.00 8.50 40 9.00 8.50 Minimum amount Rs 50,000 Rs 50, 000 .The company also offers an additional interest rate of 0.10 per cent to senior citizens..In a non-cumulative FD, interest is paid out monthly, quarterly, half-yearly, or annually, according to the investor's choice..Fixed deposit interest rates are subject to change from time to time. On Monday, SBI revised its FD interest rates across all maturities.

Here Are Fixed Deposit Interest Rates Offered By Non-Banking Financial Companies

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