Fixed Deposit Interest Rate Chart – JAN 2020.

Fixed Deposit is the most secured way to make saving. Fixed Income was one of the active investment avenues in 2020. Read the below comparison as fixed deposit should definitely form some part of your investment portfolio.

Housing Finance Companies (HFC) Fixed Deposit Interest Rate

Housing Finance  Company Fixed Deposit Rate

LIC Housing Finance Ltd

Sanchay Public Deposit Scheme

TermMonthly OptionYearly Option
12 Months7.50%7.50%
18 Months7.50%7.66%
24 Months7.55%7.84%
36 Months7.60%8.19%
60 Months7.60%8.85%

**Additional Interest for Senior Citizen – 0.25% p.a.

** Minimum Amount for Monthly Scheme – 2,00,000 & Rs. 10000 for others.

ICICI Home Finance Company Ltd

TenureMonthlyQuarterlyYearlyCumulativeYield p.a.
>=12 to <247.15%7.20%7.40%7.40%7.40%
>=24 to <367.30%7.35%7.55%7.55%7.84%
>=36 to <487.35%7.40%7.60%7.60%8.19%
>=48 to <607.35%7.40%7.60%7.60%8.51%
>=60 to <847.45%7.50%7.70%7.70%8.98%

**Additional Interest for Senior Citizen – 0.25% p.a.

** w.e.f. 17 Dec. 2019

Non Banking Finance Companies

Bajaj Finance

For New Investor (w.e.f. 7 Dec. 2019)

TenureAmtCumulativeMonthlyQuarterlyHalf YearlyAnnual
12-2325,0007.60%7.35%7.39%7.46%7.60%
24-3525,0007.90%7.63%7.68%7.75%7.90%
36-6025,0008.10%7.81%7.87%7.94%8.10%

Mahindra & Mahindra Services Ltd

TenureInterest Rate
12 Month7.60%
18 Months7.60%
24 Months7.90%
36 Months8.25%
48 Months8.25%

**Additional Interest for Senior Citizen – 0.25% p.a.

Govt of India (GOI) 7.75% Savings (Taxable) Bonds

Interest Rate7.75%
Minimum Investment1000
Lock in Period7 Years

Capital Gain Bonds Interest Rate Details (54 EC)

IssuerInterest RateMin AmtPeriod
REC5.75%200005 Years
NHAI5.75%100005 Years
PFC5.75%200005 Years
IRFC5.75%200005 Years

*last update 17 Jan  2020

 

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