Latest interest rates on company fixed deposit schemes-Jun-2013

Latest interest rates on company fixed deposit schemesLatest 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.

Also read: Unitech Fixed deposit scheme yield – 15.07% – Should we invest?

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

Latest interest rates on company fixed deposit schemes

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Suresh
Latest interest rates on company fixed deposit schemes

9 comments

  • Bhuneshwar Mahto

    Very good company.

  • K.S.U. Bhaskar

    Dear Suresh

    Thank you for the good and needy information

    Bhaskar

  • K.S.U. Bhaskar

    Dear Suresh

    Thank you for the information

    Bhaskar

  • Akash

    Hi Suresh,

    1st of all very nice website and kudos for guiding us naive investors on our investing journey.

    The question I would like to ask is whether these company FD's are bankable or not? Can they be relied upon? Has there been any case of fraud, etc?

    • Hi Akash, These are high risk investment options. There are several instances where Companies have defaulted the payment of interest on time and delayed the principal amount. However a few company FD’s like Mahindra GD or DHFL, the performance of the companies are good and hopefully they would continue to perform well in future

  • Angeli

    Please can you advice on Muthoot finance Debentures. They are offering an interest rate of 11.5% per annum and interest payout is monthly.

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