WHERE can we get MORE INTEREST on the FIXED DEPOSITS in Private sector?
The people who are interested to gain more interest on their fixed deposits, they have to think about the company deposits. But this kind of deposits are seems under risk. The risk factor cannot be forgotten by the people. Before investing the money in these companies as fixed deposit, the investors have to think about the company financial status, and the company history. At present the Mahindra Company Finances and ICICI Housing finance Institutions are offering 3 years duration fixed deposits. On these deposits 7.75 % to 9 % interest rate has been offered by them The six months accumulated interest has been clubbed to the fixed deposit as cumulative deposit 12 months 8% , 18 months 8.25 % , 24 months 8.5% , 36 months 9% interest rates have been offered by the Mahindra finance. On these deposits the rating A+/FAA+/Negative is reduced. In respect of I.C.I.C.I Home finance have offering 6.95% to 8.5% on their deposits. The details of the interest may please been in the below table for these deposits. The CARE rating agency has given AAA , and same rating is also given by ICRA -M.
| Time | Annual | Quarterly | Monthly |
| 20 months | 7.15 | 7.00 | 6.95 |
| 30 months | 8 | 7.75 | 7.70 |
| 40 months | 8.25 | 8.00 | 7.95 |
| 60 months | 8.50 | 8.25 | 8.20 |
