The Best Corporate Fixed Deposit Rates in India

Fixed deposits in India have always been a preferred investment option for retail investors owing to the great features it carries. The fixed income, predetermined rate of interest, predefined intervals, and capital protection subject to the limit of five lakh make it more attractive.

What is a Corporate FD?


Company Fixed Deposit also known as Corporate FD offered by Financial and Non-Banking financial companies (NBFCs) is a term deposit held at a fixed rate of interest over a fixed period. The date of maturity of Corporate FD can range from a few months to a few years.

Quick facts

  •  It is similar to bank FDs.
  •  Corporate FDs are preferred relatively for a better return
  •  It has a high degree of safety
  •  Guaranteed returns
  •  Flexibility to choose the tenure
  •  Predefined interest rate

Is corporate FD safe in India?

Issuers facilitating Corporate FDs have ratings that make it safe and can be a good source of investment for risk-averse people. Unlike other investment avenues, corporate FDs have their own features. People choose to make an investment in it considering the advantages it provides over other instruments including bank FDs.

Corporate FD is safe in India in many terms. But investors need to make responsible decisions when it comes to making investments. Today, there are many brokerage firms and financial consultants that can prove useful to many retail investors who have not gone beyond bank fixed deposits.

Who can apply for a corporate FD in India?

Individuals Investors who are the Members of Hindu Undivided Family (HUF) and Residents of India are eligible to apply for a corporate FD in India.

The Group enterprises include educational institutions, Cooperatives, Societies, Partnership companies, Corporates, Clubs, Associations, etc.

The Best Corporate Fixed Deposit Rates in India

Name of the CompanyPer annum FD rate (maximum)CRISIL/ICRA Rating
Housing and Urban
Development Corporation
(HUDCO) FD		Up to 7.50%ICRA AAA
Mahindra Finance Ltd FD5.80% p.a. - 7.42%CRISIL FAAA
PNB Housing Finance Ltd
FD		Up to 6.95%CRISIL FAAA
LIC Housing Finance Ltd FD5.60% p.a. - 6.60%CRISIL FAAA
HDFC LTD FDUp to 6.55%ICRA MAAA
Sundaram Finance Company
FD		5.72% p.a. - 6.22%CRISIL FAAA
Shriram Transport Finance
Ltd FD		6.50% p.a. - 8.40%ICRA MAA+
Muthoot Capital FD6.00% p.a. - 7.00%CRISIL FAAA


Which is the safest corporate FD in India?

The potential for growth in India is limitless. There are corporates having good credit ratings and investing with such institutions can be a secure option. Experts recommend investing in companies with AAA or equivalent rated corporate deposits. It can help you minimize your risks.

Bajaj Finance FD has received ratings from the two most reputed rating agencies namely ICRA and CRISIL. Both ICRA and CRISIL have given the company FAAA and MAAA respectively which is the highest safety ratings. This signifies that your investment in Bajaj Finance FD is safe.

Thus, you can check the background of the company, credit rating, and repayment history prior to making the investment in corporate FDs in India.















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