Site icon Jagoinvestor

Corporate Fixed Deposit: Safe to invest

Hello Ashal, Hello Manish,

Following email received from ICICI direct. Calculation is for 1 lac.  Your view please.

Generally, I dont go with Corporate or co-op bank FD’s.

Yield Comparison Table
Tenure (Years) DHFL Mahindra Finance Shriram Transport Finance
Yield Maturity Value of 1 Lakh Yield Maturity Value of 1 Lakh Yield Maturity Value of 1 Lakh
1 10.78% 110,780 9.25% 109,250 9.25% 109,250
2 11.36% 122,720 10.50% 121,000 10.23% 120,460
3 12.25% 136,750 11.34% 134,020 11.94% 135,820
4 12.65% 150,600 11.27% 145,080 12.60% 150,400
5 13.36% 166,800 11.85% 159,250 13.32% 166,600

 

Regards

Sandeep

Exit mobile version