scorecardresearchCorporate FD rates rise, offering depositors up to 3% higher than banks

Corporate FD rates rise, offering depositors up to 3% higher than banks

Updated: 16 Jun 2022, 09:48 AM IST
TL;DR.
A 44-month deposit of Bajaj Finance pays 7.35%, while a HDFC Bank FD pays 5.6% for a 3-5 year tenure, giving an investor a spread of 175 basis points over bank deposits
HDFC Limited and Bajaj Finance, both top-rated companies, raised deposit rates for the third time in the last couple of months. 

HDFC Limited and Bajaj Finance, both top-rated companies, raised deposit rates for the third time in the last couple of months.