FIXED DEPOSITS 

TOP FIVE NBFCs WITH OVER 7% INTEREST ON FIXED DEPOSITS

Published By Moushumi Mahanta | 06 May, 2024
NBFCs offer fixed deposits with potentially higher interest rates compared to banks, albeit with slightly increased risk.
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Here are the top NBFCs providing higher interest rates:
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Bajaj Finserv

Offers FDs with interest rates ranging from 7.40% to 8.25% per annum, varying across durations of 18, 22, 33, and 44 months.
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Muthoot Capital

Interest rates range from 7.45% to 8.5% per annum, with rates increasing with longer durations, peaking at 8.5% for three years.
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Shriram Finance

Offers interest rates between 7.85% to 8.8% per annum, with the highest rate of 8.8% available for five-year fixed deposits.
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Mahindra Finance

Interest rates range from 7.75% to 8.05% per annum, with rates varying across different durations such as 15, 30, and 42 months.
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ICICI Home Finance

Offers interest rates from 7.25% to 7.65% per annum, with rates decreasing for longer tenures beyond 60 months.
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