Key Details
Annual Rate
8.20%
Risk Level
2 — Low
Min. Investment
₹10,000
Lock-in Period
1–3 years (premature withdrawal with penalty)
Category
Fixed Deposits
Institution
AAA/AA-rated NBFCs (Bajaj Finance, Shriram Finance, Mahindra Finance, Cholamandalam, etc.)
Tax Treatment
TDS on interest. Fully taxable per slab.
About This Instrument
Plain-language category anchor for fixed deposits issued by NBFCs and non-bank companies — higher yield than bank FDs but with credit risk (no DICGC insurance). Min ₹10,000, 1–3 year tenor, TDS on interest, premature withdrawal allowed with penalty.
Disclaimer: 14paisa is an educational comparison platform and is not a SEBI-registered investment advisor. Rates shown are indicative and may change. This page does not constitute investment advice. Verify current rates with the issuing institution before investing. Past yields do not guarantee future returns. Read our full disclaimer.
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