New Delhi, June 20 -- At the time of opening a fixed deposit with an NBFC (Non-Banking Financial Corporation), it is advisable for depositors to compare the interest rates offered by different institutions. Typically, NBFCs offer slightly higher interest rates on their term deposits than what the banks offer.
An FD can be opened by a resident Indian citizen, NRI, HUF, public or private firm, company or other entities like association of persons. Here we give a lowdown on FD interest rates offered by the NBFCs
I. ICICI Home Finance: This NBFC offers 7.65 percent (yearly income plan) on 39-month and 45-month tenure deposits. These rates came into force on May 19, 2025.
Early withdrawal: In case of an emergency, one can withdraw the depos...
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