INSUBCONTINENT EXCLUSIVE:
The risks involved in corporate fixed deposits are much higher than in bank FDs, financial analysts sayFixed deposits or FDs are secure
offered on company fixed deposits are higher than those on bank fixed deposits
However, the risks involved in corporate fixed deposits are much higher than in bank FDs, financial analysts say
banks like State Bank of India (SBI), HDFC Bank, ICICI Bank and non-banking finance companies such as Bajaj Finserv and Mahindra Finance,
deposits below Rs 2 crore, according to the bank's website - sbi.co.in:TenorsRevised For Public w.e.f
22.02.2019Revised for Senior Citizens w.e.f
22.02.20197 days to 45 days5.75%6.25%46 days to 179 days6.25%6.75%180 days to 210 days6.35%6.85%211 days to less than 1 year6.4%6.9%1 year
to less than 2 year6.8%7.3%2 years to less than 3 years6.8%7.3%3 years to less than 5 years6.8%7.3%5 years and up to 10
citizen7 - 14 days3.50%4.00%15 - 29 days4.25%4.75%30 - 45 days5.75%6.25%46 - 60 days6.25%6.75%61 - 90 days6.25%6.75%91 days - 6
months6.25%6.75%6 months 1 day- 6 months 3 days6.75%7.25%6 months 4 days6.75%7.25%6 months 5 days- 9 months6.75%7.25%9 months 1 day- 9
months 3 days7.10%7.60%9 months 4 days7.10%7.60%9 months 5 days - 9 months 15 days7.10%7.60%9 months 16 days7.10%7.60%9 months 17 days < 1
Year7.10%7.60%1 Year7.30%7.80%1 year 1 day - 1 year 3 days7.30%7.80%1 year 4 days7.30%7.80%1 year 5 days - 1 Year 15 days7.30%7.80%1 Year 16
Years7.40%7.90%3 years 1 day - 5 years7.25%7.75%5 Years 1 day - 8 Years6.50%7.00%8 Years 1 day - 10 Years6.50%7.00%(Source:
icicibank.com:Rate of Interest (% p.a.) w.e.f November 15, 2018Tenure PeriodGeneralSenior Citizen7 days to 14 days4%4.5%15 days to 29
days4.25%4.75%30 days to 45 days5.5%6%46 days to 60 days6%6.5%61 days to 90 days6.25%6.75%91 days to 120 days6.25%6.75%121 days to 184
days6.25%6.75%185 days to 289 days6.5%7%290 days to less than 1 year6.75%7.25%1 year to 389 days6.9%7.4%390 days to 2 years7.1%7.6%2 years 1
day up to 3 years7.5%8%3 years 1 day up to 5 years7.25%7.75%5 years 1 day up to 10 years7%7.5%5 years Tax saver FD (max up to Rs
bajajfinserv.in:Tenor in MonthsMinimum deposit (in Rs.)CumulativeNon-CumulativeMonthlyQuarterlyHalf-yearlyYearly12 –
2325,0008.00%7.72%7.77%7.85%8.00%24 – 358.15%7.88%7.93%8.00%8.15%36 – 608.75%8.42%8.48%8.57%8.75%Special tenors scheme15
p.a.(Monthly)158.30%7.75%208.35%8.00%278.60%8.10%339.00%8.50%409.00%8.50%Minimum Amount50,000 plus50000 plusDhanvruddhi Cumulative
Scheme*Minimum Amount (Rs).TenureAmount Payable(Rs.)Interestp.a**EffectiveYield
Post office time deposit (TD) or Fixed Deposit (FD) account offers interest rates across four maturities: one year, two years, three years,
