Saving-Ideas.com

Icon

Personal Finance Blog India –

FIXED DEPOSITS OFFERED BY NON-BANKING FINANCE COMPANIES:

Here is a list of Fixed deposits offered by some of the RBI registered Non Banking Financial Services.It is recommended to check credit ratings from credit rating agencies like ICRA, CARE,FITCH. NBFCs offer some what higher rate of interest with little more risks compared to bank fixed deposits. 

HDFC PLATINUM DEPOSITS:

PERIOD(MONTHS) RATE OF INTEREST(%)compounded p.a. MATURITY AMOUNT OF RS.20000/-
15 9.75 22466
22 9.55 23640
33 9.75 25830
MIN APPLICATION: RS.20000/-
HIGHEST RATINGS FROM CRISIL(FAA)AND ICRA (MAA)0.25% EXTRA FOR SR.CITIZENS AND HDFC CUSTOMERS.

SHRIRAM UNNATI DEPOSITS:

(SHRIRAM TRANSPORT FINANCE LTD)

PERIOD(YEARS) RATE OF INTEREST(%)compounded p.a. MATURITY AMOUNT OF RS.25000/-
1  9.25 27313
2  9.75 30115
3 10.75 33955
4 10.75 37600
5 10.75 41650
MIN APPLICATION: RS.25000/-
HIGHEST RATINGS FROM CRISIL(FAA)AND ICRA (MAA)

DHFL AASHRAY FIXED DEPOSITS:

PERIOD(MONTHS) RATE OF INTEREST(%)Compounded p.a. MATURITY AMOUNT OF RS.10000/-
12  10.25 11025
24  10.25 12155
36 10.25 13400
48 10.25 14775
60 10.25 16288
72 10.25 17950
84 10.25 19800
MIN APPLICATION: RS.2000/-
HIGH RATINGS FROM Care(AA+)AND BWR (FAAA)
0.25% MORE FOR SR.CITIZENS,DEFENCE PERSONNELS,STAKEHOLDERS,DHFL BORROWERS.

DHFL Fixed Deposit : 400 Days :  10.50% per annum.

DHFL Recurring Deposit:

per month : Rs. 500/- minimum.

Interest Rate: 10.25% per annum

 

MAHINDRA & MAHINDRA FINANCIAL SERVICES:

PERIOD(MONTHS) RATE OF INTEREST(%)Compounded p.a. MATURITY AMOUNT OF RS.10000/-
12 8.5 10850
18 9.0 11391
24 9.5 11990
36 10.50 13495
48 10 14641
60 10 16105
MIN APPLICATION: RS.10000/-
HIGHEST RATINGS FROM CRISIL(FAA).
0.25% EXTRA FOR SR.CITIZENS /EMPLOYEES.

Power Finance Corporation launched Infrastructure Bonds:

Power Finance corporation launched secured ,Reedemable ,NCD form Infrastructure Bonds today.PFC is expecting to raise Rs.5300 Crore through its infra bonds.

Issue opens for subscription on Feb 24 and closes on march.22.

The Bonds may issued in one or more treanches.

The bond issue is under section 80ccf of the income tax act ,whwrein an investor can avail a deduction of upto Rs.20000/-in the taxable income for the current financial year.

The company will offer bonds in four different series.SeriesI nad SeriesII are 10 yrs bonds offerering 8.30% with lock in period of 5 yrs.Whereas series3 and 4 are 15 yrsbonds offering 8.50% comes with a 7yr lock in period.

In series 1 and 2,interest will be paid anually while series 3 and 4 offers cumulative options.

The bonds are tradable at BSE and NSE after competion of lock in period.They can be hold in Physical form also

SBI Bond Issue 2011

After full to response to SBI Bond issue of 2010,SBI is set to issue a new bonds in Feb 2011.

SBI Bond issue was oversubscribed in 2010.

Some Details of this issue are as follow:

Start Date        :          21 Feb 2011.
Closing Date    :         28 Feb 2011
Allotment          :          First Come First Served Basis.
Interest Rates   :
      For term 10 yrs: 9.75% payable annually.with call option available after 5 yrs.
      For Term of 15 Yrs: 9.95% payable annually with call option available from 10th year.

Mode : Only In D-Mat Form.Physical mode is not allowed.D -Mat account is compulsory.

Minimum investment: Rs.10,000/-.

Page 80 of 80
1 78 79 80

Advertisement


Recent Comments:

    Categories

    Blog Archives

    See How Much Interest Your Saving Have Generated!!!Final Value will be Original Principal + Interest generated

    Blog Author

    Blog Author

    Disclaimer

    Information provided on this blog is for general purpose only & not investment advice.Please take advice of SEBI Registered Investment Advisors before taking any investment decision.
    Thank You For Visiting This Blog!!!