Monday, March 4, 2013

Latest Company Fixed Deposit Interest Rates

Company fixed deposits usually offer higher interest rates than bank fixed deposits. Bank fixed deposit rates are on the way down after peaking around 10%, however few company fixed deposits offer interest rates of up to 12.5%. Always pick and choose a good and safe company for company fixed deposit as these fixed deposits cannot be cancelled till the tenure is completed. We would recommend investors to utilize opportunities like SBI Bonds or Bank fixed deposits before looking at company fixed deposits as only realty companies are offering higher interest rates and realty sector is slightly riskier compared to other sectors. Also, try and diversify your investments so that you are not stuck with just one company.

Comparison of various company fixed deposits as of 4 March, 2013:

COMPANY
RATING
6 MON 
1 YEAR
2 YEAR
3 YEAR
Extra for Sr. Citizen
Ansal Housing and Constructions   Ltd

10
11
11
11.5

Ansal Properties and Infrastructure Ltd


12
12.25
12.5

Bilcare Limited


11
11.5
12

DHFL Aashray Deposit Scheme 14 months
CARE-AA+ and BWR-FAAA

10.50


0.50%
Fenner (India) Ltd


9
9.25
9.5
0.50%
Gati Ltd


10
10.5
11
0.5% (Shareholders only)
HDFC Ltd
CRISIL-FAAA, ICRA-MAAA

8.9
9.05
9.15
0.25%
HDFC Ltd - Platinum deposit
CRISIL-FAAA, ICRA-MAAA

9.4% for 15 months

9.4% for 33 months
0.25%
HUDCO
FITCH-TAAA, CARE-AA+

9
9.1
9.2
0.25%
Jaiprakash Associates Ltd

11.5
12
12.25
12.5

Jaypee Infratech Ltd

11.5
12
12.25
12.5

Kerala Transport Development Finance Corporation Ltd


10.25
10.25
10.25
0.25%
Mahindra and Mahindra Finance   Service Ltd
CRISIL-FAA

9.25
10
10.25
0.25%
Micro Technologies India Ltd


11
12
12.5

National Housing Bank (Sunidhi Scheme)
CRISIL-FAAA, FITCH-TAAA

9.25
9.25
9.25
0.60%
Omnitech Infosolutions Ltd


11.5
12
12.5

Plethico Pharmaceuticals Limited


11
11.5
12
0.50%
Shriram Pistons & Rings Ltd

9.5
10.5
11
Shriram Tran Finance Oc Ltd-Unnati Scheme
CRISIL-FAA+, ICRA-MAA+

9.25
9.75
10.75

Surya Roshni Limited


10.5
11.5
12

TN Power Finance & Infrastructure Dev Corp. Ltd


9.25
9.5
10
0.25% upto 2 years and 0.50% for 3 years above
Unitech Ltd

11.5
11.5
12
12.5

United Spirits Ltd


11
11.5



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