InvestorQ : Which companies are offering 7-8% interest rates on their Fixed Deposits?
Aastha Awasthi made post

Which companies are offering 7-8% interest rates on their Fixed Deposits?

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shrinidhi Rajan answered.
10 months ago
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After the incidence of Franklin Templeton, investors are resisting themselves from investing their money in debt funds and are considering better investment options. Therefore, they need at least 7-8% interest rates over their investment.

Recently, interest rates on fixed deposits with banks and NBFCs have been reduced due to which investors are looking for fixed deposits with corporates so that they could earn higher returns. But before picking any Fixed deposit, you should ensure that the companies you are choosing have either AAA or AA+ credit rating. The demand for fixed deposits with these companies has increased and this is the reason they are offering better returns. Let’s take a look at the interest rates offered by these companies:









CompanyYear 1Year 2Year 3
HDFC7.10%7.10%7.10%
Bajaj Finance7.40%7.45%7.50%
Mahindra Finance7.20%7.50%7.60%
PNB Housing Finance7.20%7.30%7.60%
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