Latest interest rates on company fixed deposit schemes-Jun-2013
There are several companies who are now offering fixed deposit schemes where interest rates are up to 12.5% per annum and where the annualized yield would go up to 15.07% in 5 years fixed deposit. Company fixed deposit schemes are high risk and high return investments.
Couple of months back, SRS Ltd has offered FD rates where the annualized yield for 3 years comes to 15.07% and recently, Unitech Fixed deposit scheme has followed the same route. It has issued fixed deposit schemes which offer 15.07% annualized yield for 5 year FD.
Mahindra FD schemes are offering 12% per annum interest rates.
There are various companies which are offering company fixed deposit schemes for 1 year to 5 years period. The interest rate varies from company to company. Investors should note that higher the interest rates for company fixed deposits, the greater the risk in investing such fixed deposits. Since companies may not gain confidence among investors over a period of time and offer highest interest rates to attract fixed deposits.
Investor need to be little cautious before investing in such company fixed deposits which are offering highest interest rates, unless the financials of the company are thoroughly reviewed.
Below are the latest interest rates on company fixed deposit schemes as on 16-Jun-2013. We have provided major companies fixed deposit scheme details
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Latest interest rates on company fixed deposit schemes