Safe
Fixed deposits are considered to be one of the safest investment option. This is because their returns are not linked with the market.
Fixed deposits are considered to be one of the safest investment option. This is because their returns are not linked with the market.
Investment in Fixed Deposit is locked away for a tenure which you choose. However, pre-mature withdrawals are allowed after a certain period.
Interest rate earned on Fixed Deposit will remain fixed during the tenure which you choose. Also, interest rates offered by Corporate FDs are generally higher as compared to Bank FDs.
Investment in Fixed Deposits can be for various tenures. Tenure ranging from 1 year to 5 years provides you an option to choose a tenure that fits your financial goals.
Depending on your need one may opt for monthly, quarterly, half-yearly, yearly payout or cumulative interest option.
Investment in Corporate FDs which have been alloted higher credit rating.
| Company Name | Rating | Option | Minimum Investment ₹ | 1 Year | 2 Years | 3 Year | 4 Years | 5 years | Action |
|---|---|---|---|---|---|---|---|---|---|
| BAJAJ Finance Ltd. | CRISIL "AAA/Stable" & ICRA "AAA (Stable)" | Cumulative | ₹15000 | 7.4 | 7.55 | 8.05 | 8.05 | 8.05 | Invest |
| Mahindra & Mahindra Financial Services Limited | CRISIL AAA/Stable & IND AAA /Stable | Cumulative | ₹5000 | 7.4 | 7.55 | 8.05 | 8.05 | 8.05 | Invest |
| Shriram Finance Limited | AA+ (Stable) by ICRA and AA+/Stable by IND | Cumulative | ₹5000 | 7.34 | 7.76 | 7.95 | 8.18 | Invest |
100% online process. Quickest way to book an FD in 4 simple steps
Multiple choice of Tenure & Interest Rates
Select the Mode of Operations
Enter the Amount & Make Payment Online
Deposit Receipt Received on your Registered Email
NriGrow is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. -169846
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