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Corporate Fixed Deposit

Corporate FD’s are those deposits placed by investors with companies for a fixed term carrying a prescribed rate of interest. These instruments yield higher interest rates than regular Bank FD’s. Corporate FD’s have different maturity periods along with varying interest payment options. The Corporate FDs carry a rating thus ensuring their financial health.

We offer a range of Corporate Fixed Deposits of varying tenures, interest rates & institutions to suit your investment needs. The deposit schemes have been specially chosen from high-safety options to ensure that you enjoy the twin benefits of returns and protection.

Disclaimer : Interest Rates are subject to revision by the respective Companies/Government from time to time. Wise FInserv acts as a referral agent to these companies and the offer is brought to you by the companies subject to fulfilment of eligibility criteria, terms and conditions etc. Investors are advised to read the Terms and conditions offered by respective companies carefully before taking any investment decision.

Why opt for Corporate Fixed Deposits?
  • If your risk appetite is low, fixed deposits are perfect for you. Since most of the instruments are rated, corporate fixed deposits have a very high safety level
  • Attractive returns at interest rates higher than banks's Fixed Deposits
  • Higher Interest rates for senior citizens
  • High liquidity; most of these issuers offer 75% of the investment amount as loan @ 2% over the interest rate on the deposit, as well as a pre-mature withdrawal Option
  • Potential to earn compounding interest on your money by reinvesting the principal amount along with the interest earned
  • Flexible tenure - there are various tenures ranging from 1 to 7 years
  • You can choose interest frequency; most issuers offer monthly, quarterly, bi annual and annual cumulative deposits
  • You get direct ECS credit facility for interest payments or advance interest warrants for the year issued by most issuers
Shriram Transport Finance Company Limited

Company Overview :

  • Shriram Transport Finance Co. Ltd. (STFC) was incorporated in the year 1979 and is registered as a Deposit taking NBFC with Reserve Bank of India.
  • With a track record of about 30 years in this business, STFC is among the leading organized finance provider for the commercial vehicle industry
  • STFC has also added passenger commercial vehicles, multi-utility vehicles, three-wheelers, tractors and construction equipment to its portfolio

Who can invest?

  • Online : Resident Individuals & HUFs
  • Offline : Resident Individuals, HUFs, Trusts, Domestic Companies, NRIs, Minor

Shriram Transport Finance FD interest rates

Interest Rates for Deposits from 1st Aug, 2021 for <=5 Cr.

Tenure Non - Cumulative Deposit Cumulative Deposit
Period Monthly% (p.a.) Quarterly% (p.a) Half Yearly% (p.a.) Yearly% (p.a.) Rates% (P.A.Monthly rests) Effective Yield% (p.a.) Approx. maturity value for Rs:5000/-
12 6.31 6.35 6.40 6.50 6.31 6.50 ` 5325
15 6.54 6.58 6.64 6.75 6.54 6.80 5425
24 6.54 6.58 6.64 6.75 6.54 6.97 5695
30 7.25 7.30 7.37 7.50 7.25 7.93 5990
36 7.25 7.30 7.37 7.50 7.25 8.08 6210
45 7.34 7.39 7.46 7.60 7.34 8.43 6580
48 7.34 7.39 7.46 7.60 7.34 8.51 6700
60 7.48 7.53 7.60 7.75 7.48 9.05 7260

* Maturity value is pre-tax and for illustration purposes only.

Deposits for Senior Citizen Shcemes (0.30% Additional)

Mahindra & Mahindra Financial Services Limited

Company Overview :

  • MMFSL is a subsidiary of Mahindra and Mahindra Ltd (M&M). The company is one of India’s leading non-bank finance companies focused on the rural and semi-urban sector
  • The company provides employment to over 16,000 people in over 1000+ branches across India and is currently servicing over 3 million customers

Who can invest?

  • Online : Resident Individuals & HUFs
  • Offline : Resident Individuals, HUFs, Trusts, Domestic Companies, NRIs, Minor

Mahindra & Mahindra Financial Services Revised FD Rates w.e.f 27th May' 2022

Minimum Amount Period (Months) Cumulative Scheme Non-Cumulative Scheme
Amount Payable Interest p.a. Effective Yield p.a. Period (Months) Interest p.a.** (Monthly) Interest p.a.** (Quarterly) Interest p.a.** (Half Yearly) Interest p.a.** (Yearly)
5000 12 5288 5.75% 5.75% 12 5.20% 5.55% 5.65% 5.75%
24 5655 6.35% 6.55% 24 5.80% 6.15% 6.25% 6.35%
36 6082 6.75% 6.22% 36 6.20% 6.55% 6.55% 6.75%
48 6517 6.85% 7.59% 48 6.30% 6.65% 6.75% 6.85%
60 7013 7.00% 8.05% 60 6.45% 6.80% 6.90% 7.00%
Min. Amt 50000 25000

**Additional Rates: Senior Citizen 0.25%; M & M Group Company, Employees, Employees' Relatives, Retried Employee and their Relatives 0.35%

* Rates w.e.f. 27 May 2022. Applicable for Deposits upto 50 Lakhs

ICICI Home Finance Company Limited

Company Overview :

Who can invest?

Interest Applicable for Fixed Deposits < Rs. 20.0 mn from December 14th, 2021 for Public Deposits

Base Rate for Fixed Deposit < Rs 20.0 mn
Tenure(In Months) Cumulative Plan Non- Cumulative Plan
Period Monthly (Income Plan) **Indicative Yield(Cumulative option) Monthly Income Plan Quarterly Income Plan

Yearly Income Plan
>=12 to<24 5.25% 5.25% 5.10% 5.15% 5.25%
>=24 to<36 5.65% 5.81% 5.50% 5.55% 5.65%
>=36 to<60 6.10% 6.48% 5.95% 6.00% 6.10%
>=60 to<=72 6.55% 7.47% 6.35% 6.40% 6.55%
>=72 to<=120 6.70% 8.21% 6.50% 6.55% 6.70%
0.25% additional interest for Senior Citizens and icici group Employees
PNB Housing Finance Limited

Company Overview :

  • For cumulative option, interest rate is compounded annually on March 31st
  • # The tentative yield to maturity is mentioned for the lowest tenure of the specific grid.

Who can invest?

  • Resident Individuals, HUFs, Trusts, NRIs, Minor, Firms etc.

Deposit upto 5 crore

PNB Housing FD interest rates effective from 23rd May 2022
Fixed Deposit Interest Rates (upto 5 crore)
Tenure (Months) Cumulative Option* ROI (p.a.) Non-Cumulative Option ROI (p.a.)
ROI (p.a.) Tentative yield to maturity Monthly Quarterly Half Yearly Annual
12–23 5.75% 5.75% 5.60% 5.63% 5.66% 5.75%
24 – 35 6.15% 6.34% 5.98% 6.01% 6.05% 6.15%
36 – 47 6.6% 7.05% 6.4% 6.44% 6.49% 6.6%
48 – 59 7.00% 7.77% 6.78% 6.82% 6.88% 7.00%
60 -71 7.00% 8.05% 6.78% 6.82% 6.88% 7.00%
72 – 84 7.00% 8.35% 6.78% 6.82% 6.88% 7.00%
120 7.00% 9.67% 6.78% 6.82% 6.88% 7.00%

* For cumulative option, interest rate is compounded annually on March 31st

The yield mentioned is calculated using the first month of each tenure grid.

The above Rate of Interest are subject to change at the sole discretion of PNB Housing.

Senior citizens (above 60 years) will be eligible for 0.25% additional Rate of Interest

Senior citizen special rates applicable for deposits upto 1 crore.

Bajaj Finance Limited : Deposits upto ! 2 Crore 12-23 Months 5.35% 5.40% 5.45% - 5.55% 24-35 Months 5.75% 5.80% 5.85% 5.95% 5.95% 36-59 Months 6.00% 6.05% 6.10% 6.20% 6.20% 60-83 Months 6.30% 6.35% 6.40% 6.50% 6.50% 84-120 Months 6.50% 6.55% 6.60% 6.70% 6.70% 66.70% Minimum Amount (?) 40,000 20,000 20,000 20,000 20,000

HDFC rate section in corporate FD
Regular Deposits
Tenure Monthly Income Plan Quarterly Option Half Yearly Option Annual Option Cumulative Option
Deposits Upto 2 Cr
12-23 Months 5.45% 5.50% 5.55% - 5.65%
24 - 35 Months 5.95% 6.00% 6.05% 6.15% 6.15%
36 - 59 Months 6.30% 6.35% 6.40% 6.50% 6.50%
60-83 Months 6.50% 6.55% 6.60% 6.70% 6.70%
84-120 Months 6.60% 6.65% 6.70% 6.80% 6.80%
Minimum Amount 40,000 20,000 320,000 320,000 20,000
Special Deposits
Tenure Monthly Income Plan Quarterly Option Half Yearly Option Annual Option Cumulative Option
Deposits Upto 2 Cr
33 Months 6.45% 6.50% 6.55% 6.65% 6.65%
66 Months 6,65% 6.70% 6.75% 6.85% 6.85%
77 Months 6.70% 6.35% 6.75% 6.85% 6.85%
99 Months 6.75% 6.80% 6.85% 6.95% 6.95%
Minimum Amount 40,000 20,000 20,000 320,000 20,000
Premium Deposits
Tenure Monthly Income Plan Quarterly Option Half Yearly Option Annual Option Cumulative Option
Deposits Upto 2 Cr
15 Months 5.65% 5.70% 5.75% - 5.85%
18 Months 5.75% 5.80% 5.85% 5.95% 5.95%
22 Months 5.90% 5.95% 6.00% 6.10% 6.10%
30 Months 6.10% 6.15% 6.20% 6.30% 6.30%
44 Months 6.55% 6.60% 6.65% 6.75% 6.75%
Minimum Amount 40,000 20,000 20,000 320,000 20,000

Company Overview :

  • Bajaj Finserv was formed in April 2007
  • Bajaj Finserv Limited is the holding company for the businesses dealing with financial services of the Bajaj Group
  • Its subsidiary Bajaj Finance Limited is a Non-Banking Finance Company engaged in consumer finance, SME finance and commercial lending

Who can invest?

  • Online : Resident Individuals & HUFs
  • Offline : Resident Individuals, HUFs, Trusts, Domestic Companies, Minor

Bajaj Finance FD interest rates (w.ef. December 07, 2019)

Tenure Non - Cumulative Scheme Cumulative Scheme
Period Monthly (p.a.) Quarterly (p.a) Half Yearly (p.a.) Annual (p.a.) Interest (p.a.) Effective Yield (p.a.) Approx. maturity value for ` 5 Lacs*
12-23 7.35% 7.39% 7.46% 7.60% 7.60% - -
24-35 7.63% 7.68% 7.75% 7.90% 7.90% - -
36-60 7.81% 7.87% 7.94% 8.10% 8.10% - -
Special Scheme
- - 
 An additional 0.25% rate of interest for senior citizens upto `

Tenure (Months)
Cumulative Scheme
Non - Cumulative Scheme
Interest (p.a.) Monthly (p.a.) Quarterly (p.a.) Half Yearly (p.a.) Annual (p.a.)
33 7.50% 7.25% 7.30% 7.37% 7.50%
66 7.50% 7.25% 7.30% 7.37% 7.50% 
Premium Deposit

15 7.35% 7.10% 7.15% 7.22%
22 7.45% 7.20% 7.25% 7.32% 7.45%
30 7.40% 7.15% 7.20% 7.27% 7.40%
44 7.45% 7.20% 7.25% 7.32% 7.45%

Please Note:

  • Sr. Citizen will get 0.25% p.a. additional interest across all schemes upto 2 Cr.
  • Above rates are applicable only for indivials and trusts deposits and are valid for amount upto 2 Cr (p.a.) only.
Deposits upto ! 2 Crore 12-23 Months 5.35% 5.40% 5.45% - 5.55% 24-35 Months 5.75% 5.80% 5.85% 5.95% 5.95% 36-59 Months 6.00% 6.05% 6.10% 6.20% 6.20% 60-83 Months 6.30% 6.35% 6.40% 6.50% 6.50% 84-120 Months 6.50% 6.55% 6.60% 6.70% 6.70% 66.70% Minimum Amount (?) 40,000 20,000 20,000 20,000 20,000


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