NBFCs which offer high interest rates on FDs

Before you invest your money in a fixed deposit it is advised to compare the interest rates offered by different financial institutions.

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This will help you to maximise the returns you can earn on your deposits.

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Although financial banks are considered safest institutions to open a fixed deposit.

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However, some investors opt for non-banking financial institutions to earn higher returns.

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Here is a list of top NBFCs which offer the highest interest rates on FDs:

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Bajaj Finserv | 7.4% on 12-14 months deposit | 7.5% on 15-23 months deposit | 7.55% on 24-month deposit | 7.35% on 25-35 months deposit | 8.05% on 36 to 60 months deposit.

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Shriram Finance | 7.8% on 12-month deposit | 7.95% on 18 months deposit | 8.10% on 24 months deposit | 8.30% on 30 months deposit | 8.60% on 50-60 months deposit.

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Muthoot Fincorp | 7.45% on one-year deposit | 8% on 1-2 years deposit | 8.5% on 2-3 years deposit | 7.4% on 4-year deposit | 7.5% on 5 years deposit.

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Mahindra Finance | 7.75% on 15 months deposit | 7.90% on 30 months deposit | 8.05% on 42 months deposit.

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