FD Interest Rate Comparison - Banks, Finance Companies and NCD/Bonds

We all do invest in fixed deposits with banks because of two most important reasons - fixed interest that they give and capital safety.

At Fincare Services, we believe in empowering our clients to make informed decisions and provide reference guides for their ease of use. Hence, we have provided a comparison of the interest rates offered by various banks, finance companies and NCDs/Bonds on Fixed Deposits (FDs) as of October 2023. You can use this information to choose the best fixed income option for your investment needs.

The following table shows some of the highest interest rates offered by various banks and companies on FDs. The rates may vary for different tenures and interest frequencies.

Bank’s Fixed Deposits

Finance Company’s Fixed Deposits

Secured Bonds

You can see that the rates vary significantly across different categories and tenures. You should compare the rates carefully before investing in any FDs. I hope this email was informative for you. If you have any questions or feedback, please feel free to reply to this email. If you want to invest in fixed deposits with finance companies, you can reply to this email at [email protected].

Thank you for your time and attention. Have a good weekend.

Sincerely,

Tejas Lakhani
Chartered Accountant
Fincare Services
We help people build wealth