⚠️ Disclaimer Rates in this calculator are indicative as of June 2026. Corporate FDs are not DICGC-insured. Actual rates change without notice — verify at the issuer’s official website before investing. This tool is for planning purposes only.
📊 Corporate FD Comparison Calculator — June 2026
Compare maturity amounts from up to 3 NBFCs side by side. Select a company to auto-load current rates.
FD Option A
Select company above ↑
FD Option B
CRISIL AA+ · 9.00%–9.40%
FD Option C
CRISIL AAA · 7.95%–8.10%
Quarterly compounding. All amounts are gross (before tax).
Best Return
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Corporate FD Rates Reference — June 2026
Corporate FDs are deposits placed directly with NBFCs (Non-Banking Financial Companies) — not banks. They offer higher interest rates than most bank FDs but carry no DICGC insurance. Safety depends entirely on the company’s credit rating from CRISIL, ICRA, or CARE.
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Company
Credit Rating
1 Year
3 Years
5 Years
DICGC Cover
Bajaj Finance
CRISIL AAA
8.25%
8.35%
8.60%
❌ No
Shriram Finance
CRISIL AA+
9.00%
9.40%
9.20%
❌ No
Mahindra Finance
CRISIL AAA
7.95%
8.10%
7.75%
❌ No
LIC Housing Finance
CRISIL AAA
7.60%
7.75%
7.50%
❌ No
PNB Housing Finance
CARE AA
7.40%
7.55%
7.35%
❌ No
Muthoot Fincorp
ICRA AA-
8.75%
9.00%
8.50%
❌ No
SBI Bank FD (reference)
Sovereign
6.80%
6.75%
6.50%
✅ ₹5L
Rates indicative as of June 2026. Senior citizens typically get +0.25%–0.50%. Verify before investing at each company’s official website. Rates change without notice.
⚠️ The Only Rule That Matters
Keep any single corporate FD under ₹5 lakh. Prefer CRISIL AAA / ICRA AAA issuers only. A higher rate from a lower-rated NBFC is not worth concentration risk. Corporate FDs are appropriate for surplus money beyond your emergency fund — never for capital you cannot afford to wait on.
💡 How to Use This Calculator
Select companies in each column — rates auto-fill from current data. Adjust the principal and tenure to match what you’re actually planning to invest. The comparison shows gross maturity (before TDS). For post-tax maturity, subtract TDS at 10% on interest above ₹5,000/year per company.
Corporate FD vs Bank FD — When Each Makes Sense
Corporate FD wins: You have surplus beyond ₹5L emergency fund, you’re in a lower tax bracket (5%), and you want 0.75%–2% higher yield with CRISIL AAA safety
Bank FD wins: It’s your primary savings, the amount is large, or you need DICGC insurance as a backstop
Tax note: Interest is taxable at slab rate under both old and new regime. TDS at 10% when annual interest per company exceeds ₹5,000. Submit Form 15G/15H if total income is below taxable limit
Use More FiiPay Financial Calculators
Compare corporate FD returns against safer and market-linked alternatives:
No DICGC coverage — unlike bank FDs insured up to ₹5L per bank. Safety depends on credit rating: CRISIL AAA (Bajaj Finance, Mahindra, LIC Housing) is the highest grade. Stick to AAA-rated issuers and keep each corporate FD under ₹5L to limit concentration risk. It is suitable only for surplus money beyond your emergency fund.
Yes — fully taxable at your income slab rate under both old and new regime. TDS is deducted at 10% when annual interest from one company exceeds ₹5,000 (not ₹40,000 like bank FDs — lower threshold for NBFCs). Submit Form 15G or 15H if your total income is below the taxable limit.
As of June 2026, Shriram Finance offers up to 9.40% for 3-year tenures (CRISIL AA+ rated). Muthoot Fincorp offers around 9.00%. Always verify the current rate on the company’s official website — rates change without notice and advertised rates may require minimum deposit amounts.
⚠️ Full Disclaimer Rates in this tool are indicative for June 2026 and sourced from publicly available NBFC rate cards. They change without notice. Credit ratings shown are the latest publicly available — verify at crisil.com/ratings before investing. Corporate FDs carry credit risk and are not government-guaranteed. FiiPay.in is not a registered investment advisor. This calculator is for planning purposes only — consult a CA for tax implications.
