Tuesday 5 March 2013

Corporate Fixed Deposits

An increasing number of investors are choosing to invest in corporate fixed deposits either to balance other riskier investments like equity or to park their funds for fixed returns acting as a safe guard of one's hard-earned money. Prudent customers are making the best of the current opportunities and freezing their investments in corporate FD's which provides higher rates than Bank FD's. If you are considering taking the corporate fixed deposit route for your investments, now is the right time.
Below are the calculated maturity value of 1 Lakh in DHFL, Mahindra Finance and Shriram Transport Finance Fixed Deposits in the below table for your reference.
Interest Comparison Table
Tenure (Years) DHFL Mahindra Finance Shriram Transport Finance
Interest Maturity Value of 1 Lakh Interest Maturity Value of 1 Lakh Interest Maturity Value of 1 Lakh
3 10.25% 134,970 10.25% 134,020 10.75% 135,841
4 10.25% 149,159 9.75% 145,080 10.75% 150,444
5 10.25% 164,839 9.75% 159,250 10.75% 166,617
Above mentioned FD Interests are for cumulative schemes. Maturity Value is calculated basis of Yield

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