Company FD rates: Muthoot Capital, Manipal Housing offer up to 8.95%; check the rates offered by 10 firms

Company FD rates vary across issuers and deposit tenures. Muthoot Capital Services offers up to 8.95%, followed by Manipal Housing Finance Syndicate at 8%. Compare interest rates across 10 companies and learn 5 checks to make before investing in corporate fixed deposits.

Company fixed deposits (FDs) also known as Corporate Fixed deposits, can provide investors with meaningful fixed returns over a predetermined period. Still, it is vital to note that company fixed deposits carry issuer-specific credit and liquidity risks. This makes it important for aspiring investors to carefully analyse and assess more than just the headline interest rate before investing.

As per data compiled by Paisabazaar, Muthoot Capital Services offers the highest interest rate among prominent financial institutions. The firm is offering 8.95% per annum for a 3-year (i.e., 36-month) deposit. On similar lines, Manipal Housing Finance Syndicate offers up to 8%, whereas Bajaj Finance offers up to 7.75%. With these essentials in mind, let us take a look at the detailed table.

Muthoot Capital Services offers the highest rate in the table at 8.95% for a three-year deposit. Its rates for one-year and five-year deposits stand at 7.90% and 8.50%, respectively. Manipal Housing Finance Syndicate offers 8% for one-, two- and three-year deposits.