Corporate fixed deposits (FDs) offered by non-banking financial companies (NBFCs) continue to attract investors seeking higher returns than traditional fixed deposits. Corporate FDs are especially popular in the current geopolitical environment, where, amid the US-Israel war on Iran, global markets and commodity prices are going through immense volatility.
As of June 2026, several prominent NBFCs are offering investors interest rates of up to 8.95% along with additional perks for senior citizens. Here is a comparison of the latest corporateoffered by leading NBFCs across the country.
Corporate Fixed Deposit interest rates June 2026
|
Company Name |
Credit Rating |
Highest Rate (p.a.) |
Applicable Tenure |
1-year Tenure |
3-year Tenure |
5-year Tenure |
Additional Interest for Senior Citizens |
|---|---|---|---|---|---|---|---|
| Shriram Finance* | ICRA – AAA/Stable; CARE – AAA/Stable; CRISIL – AAA/Stable | 7.25% | 3 years to 5 years | 6.75% | 7.25% | 7.25% | 0.50% |
| Mahindra Finance | CRISIL – AAA/Stable; IND AAA/Stable – India Ratings and Research | 7.45% | 48 months to 60 months | 6.60% | 7.40% | 7.45% | 0.25%-0.35% |
| Manipal Housing Finance Syndicate Ltd. | ACUITE – ACUITE A | 8.25% | 1 year; 2 years; 3 years | 8.25% | 8.25% | 7.75% | 0.25% |
| PNB Housing Finance Ltd. | CRISIL – AA+ (Stable); CARE – AAA (Stable) | 7.15% | 40 months | 6.60% | 6.90% | 6.90% | 0.25%** |
| Sundaram Home Finance | CRISIL – AAA/Stable; ICRA – AAA/Stable | 7.15% | 4 years; 5 years | 6.70% | 7.00% | 7.15% | 0.35%-0.50% |
| Muthoot Capital Services Ltd. | CRISIL – AA-/Stable | 8.95% | 36 months | 7.90% | 8.95% | 8.50% | 0.25% |
| ICICI Home Finance | CRISIL – AAA/Stable; ICRA – AAA/Stable; CARE – AAA/Stable | 7.10% | 45 months | 6.75% | 6.90% | 7.00% | 0.35% |
| Can Fin Homes Ltd. | ICRA – AAA/Stable | 7.50% | 36 months | 6.50% | 7.50% | 6.75% | 0.25%-0.50% |
| Bajaj Finance Ltd. | CRISIL – AAA/Stable; ICRA – AAA/Stable | 7.40% | 31 months to 60 months | 6.60% | 7.40% | 7.40% | 0.35% |
| LIC Housing Finance Ltd. | CRISIL – AAA/Stable | 6.90% | 5 years | 6.70% | 6.85% | 6.90% | 0.25% |
Note: *At monthly rests. Additional interest of 0.15% per annum on matured deposit renewals and an additional 0.05% per annum for women depositors.
**Applicable for deposits up to ₹1 crore. (Data as on 17 June 2026.)
Source: Paisabazaar.com
Five factors to keep in mind before investing in Corporate Fixed Deposits
- Check the credit rating carefully: A higher interest rate may come with a higher risk. Prefer issuers with strong credit ratings such as AAA, as they generally indicate better repayment capacity.
- Do not invest solely for higher returns: The highest FD rate may not always be the best option. You need to consider several other factors, such as processing fees, your risk tolerance and long-term needs. Balance return expectations with the and track record of the issuer.
- Understand the tenure and liquidity needs: Choose a fixed deposit tenure that aligns with your financial goals. Premature withdrawals may attract penalties, making the entire fund meaningless and reducing overall returns.
- Compare senior citizen and special benefits: Many NBFCs offer additional interest rates for and select customer categories, which can enhance overall returns.
- Diversify across issuers: Instead of investing a large amount in a single corporate FD, consider spreading your total investments across multiple issuers to reduce concentration risk. This will protect you in the future.
Corporate FDs can be a prudent choice for aspiring investors seeking potentially higher returns than .
Investors should analyse a host of other factors, such as the credit profile of the lending institution, their own liquidity requirements, tenure suitability, risk tolerance and long-term economic objectives.
The final decision to invest in any , normal fixed deposit or any other asset class must be made after due diligence and consultation with a certified financial advisor.