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Here's the highest rates offered on corporate FDs
Bajaj Finance is offering an 8.6% interest rate for its FD maturing in 42 months. This FD has a credit rating of AAA/stable from CRISIL and ICRA.
Highest Interest rate: 8.6%
Rating: CRISIL — AAA/Stable and ICRA — AAA/Stable
Tenure: 42 months
Muthoot Capital Services is offering 8.38% interest for its FD maturing in five years. This FD has got a credit rating of A+/Stable from CRISIL.
Highest Interest rate: 8.38%
Rating: CRISIL — A+/Stable Tenure: 5 years
Shriram Finance is offering an interest rate of 8.47% on deposits of various tenures. The same interest rate is available for deposits maturing in 50 months and five years. These FDs have a credit rating of AA+/Stable from ICRA and IND AA+/Stable by India Ratings and Research.
Highest Interest rate: 8.47%
Rating: ICRA: AA+/Stable and IND AA+/Stable from India Ratings and Research
Tenure: 50 months/5 years
Manipal Housing Finance Syndicate is offering an 8.25% interest rate for its FD maturing in one year. It must be noted that the same interest rate of 8.25% is being offered by the company for its FDs maturing between two years and three years. This FD has a credit
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