1. Mahindra Finance:
Mahindra Finance, a prominent Non-Banking Financial Company (NBFC), offers a range of financial products and services, including Fixed Deposits (FDs). "IND AAA/Stable" by India Ratings and "CRISIL AAA/Stable" by CRISIL Ratings, affirm the highest safety standards.
Senior citizens benefit from an additional interest rate of up to 0.25%, while Mahindra Group employees and their relatives enjoy an extra 0.35% interest rate on Samruddhi Fixed Deposits, ensuring augmented returns.
Investors can apply online, leveraging features such as minimal paperwork, straightforward eligibility criteria, a diverse array of FD schemes, guaranteed returns, a choice of interest pay-out options, and hassle-free renewals.
Cumulative FD: In this type of FD account, the interest gets added to the principal amount at a compounded rate and the amount is paid along with the principal amount at maturity.
Non-cumulative FD: In a non-cumulative FD account, the interest does not get added to the principal amount, but you receive the interest payments periodically. This can act as an excellent source of regular income and is much more suitable for a senior citizen.
For the latest and most accurate interest rates, please visit Mahindra Finance FD.
2. Bajaj Finance:
Bajaj Finance is a leading NBFC in India, offering a diverse portfolio of financial solutions. They provide Fixed Deposit options catering to various investment needs, ensuring safety and attractive returns.
For the latest and most accurate interest rates, please visit Bajaj Finance FD.
3. Sundaram Finance:
Sundaram Finance is a well-established NBFC known for its expertise in financing solutions. Their Fixed Deposit offerings provide a secure investment avenue with competitive interest rates.
For the latest and most accurate interest rates, please visit Sundaram Finance FD.
4. LIC Housing Finance (LIC HLF):
LIC Housing Finance, a subsidiary of Life Insurance Corporation of India, specializes in housing finance. They extend their financial services to include Fixed Deposits, providing a stable investment option.
For the latest and most accurate interest rates, please visit LIC HLF FD.
5. HDFC Ltd:
HDFC Ltd, a leading housing finance company, also offers Fixed Deposits as part of its financial product range. Known for its reliability, HDFC Fixed Deposits provide a secure investment avenue.
For the latest and most accurate interest rates, please visit HDFC Ltd FD.
6. Shriram City Union Finance:
Shriram City Union Finance is a well-known NBFC offering a range of financial services. Their Fixed Deposit options provide investors with a stable and lucrative avenue for wealth creation.
For the latest and most accurate interest rates, please visit Shriram City Union Finance FD.
7. PNB Housing Finance:
PNB Housing Finance, a subsidiary of Punjab National Bank, is a major player in the housing finance sector. They also offer Fixed Deposits with competitive interest rates to cater to the diverse needs of investors.
For the latest and most accurate interest rates, please visit [PNB Housing Finance FD.
Please note that the interest rates may vary, and it's recommended to visit the respective official websites for the most up-to-date information.