In today’s time, the best investment option is FD because here you get good interest without taking any risk for long term and banks across the country give good interest on FD to the customers. Let’s check which bank is giving the highest interest
New Delhi : Whether you do a job or a business, saving is very important. Most of the people in the country prefer to invest in FD for savings. In the past, after the increase in the repo rate by the Reserve Bank of India (RBI), banks have also increased the interest rates on FDs. Interest rates have also increased in corporate FDs. Explain that corporate FD also works like bank FD. Bank FD is issued by the bank. The interest rate in this is average. The risk is less. Corporate deposits are issued by the company. The risk in this is more than bank FD. Let us tell you where you are getting the highest interest on FD.
Talk to a financial advisor
Actually, companies work to raise capital for their needs. Companies take this capital from the investor for a fixed period which is called Corporate FD. If you are thinking of getting FD then this is a good opportunity for you. You can get great interest on FD. Today we are going to give you information about the interest rates available on Corporate FD. However, before investing in these FDs, do talk to your financial advisor once. If you do not do this, you may have to suffer financially.
According to Mint
Bajaj Finance FD offers 7.67 per cent for 12 to 60 months tenure, Mahindra Finance 7.25 per cent for 12 to 60 months tenure, ICICI Home Finance 7.45 per cent for 12 to 120 months tenure, according to Mint. , PNB Housing Finance 7.44% for tenure 12 to 120 months, LIC Housing Finance 7.50% for tenure 12 to 60 months, HDFC 7.70% for tenure 12 to 120 months, Sundaram Home Finance 7.63% for tenure 36 to 60 months , Sundaram Finance is offering 7.49 per cent for tenure of 12 to 36 months and Shriram Finance is offering 8.18 per cent for tenure of 12 to 60 months.
