Best Company Fixed Deposit Rates ( FD Rates ) 2020

Following are the list of companies which are offering the Fixed Deposit scheme for the retail depositors.

Company	Interest Rate %	Senior Citizen Rate %	Tensure Months	Our Investment Rating ( 10 )
Hawkins Cookers	10.5	10.75	12 to 36	10
Shriram City Union Finance	8.65	8.9	12 to 60	9
Shriram Transport Finance	8.42	8.67	12 to 60	8
Mahindra Finance	7.7	7.9	15 to 40	6
ICICI Home Finance	7.55	7.8	12 to 120	6
Bajaj Finance	7.53	7.78	12 to 60	6
PNB Housing Finance	7.4	7.65	12 to 120	6
LIC Housing Finance	7.35	7.6	12 to 60	6
HUDCO	7.3	7.55	12 to 60	5
Sundaram Finance	7.21	7.71	12 to 36	5

Our Recommendations :

• For Hawkins Cookers invest for 12 to 24 months options which may give little less returns as given above but can be a safer option.
• For General Public / Young Persons go for Hawkins Cookers for 3 Years
• For Senior Citizen they can opt for Hawkins Cookers for 1 Year or Shriram City Union Finance for 3 Years
• Do not go for the options more than three as interest rate cycle reverses every 5 years hence in banks you may get higher FD rate after 36 to 45 months as compared to present rate.
• It is not advisable to go for the company FD giving lesser rate of interest in present scenario especially less than 8 %.