Sunday, January 3, 2010

Company fixed deposit - higher returns than Bank FDs

Bank interest rates have gone down considerably and are no longer good investment avenues for investors. Investors are probably better looking at some of the company fixed deposits for higher returns - some over 12% rate of interest - significantly higher than bank interest rates which are hovering around 7% for similar duration.

Ofcourse, investor needs to be cautious while choosing the company and make sure to invest in a company which has good track record and is not likely to go bankrupt.

 
COMPANY
RATING
6 MON 
1 YEAR
2 YEAR
3 YEAR
Extra for Sr. Citizen 
ALEMBIC LIMITED
P1+ by CRISIL


7
8
9


CEAT LIMITED



8.5
9
9.5


DEEWAN HOUSING FIN.LTD
CARE- AA+, IND-AA


9
9.1
9.25
0.25
FIRST LEASING COMPANY OF INDIA LIMITED
CARE-AA+, FITCH-tAA+


9.25
9.5
9.75


IND SWIFT LAB LIMITED

10.5
11.5
12
12.5
0.50 (Except for 3 years)
IND SWIFT LTD

10.5
11.5
12
12.5
0.50 (Except for 3 years)
JAIPRAKASH ASSOCIATES LTD (only for Shareholders)

11
11
11.5
12


JINDAL SAW LIMITED

6.75
7.25
8.5
9.5
0.25
JINDAL STAINLESS STEEL LIMITED



9
9.5
10
0.25
MAHINDRA & MAHINDRA FINANCE SERVICE LTD
CRISIL-FAA


8
8.5
9
0.25
OCL LTD



8.5
9
9


SHRIRAM PISTONS & RINGS

8
9.5
10
10.5


SHRIRAM TRAN. FINANCE CO.LTD
FITCH-TAA


8
9
10


SOLARIS CHEM TECH INDUSTRIES LTD



10
11
11.5


SURYA ROSHNI LTD



10.5
11
11.5


UNITECH LMITED

11
11
11.5
12
0.5


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