Last updated: 02 Jul, 2020 | 03:56 am
How do they compare with Corporate FDs?
Scenario: Suppose you invest ₹1 crore in Corporate FD instead on a Bank FD. The chart below shows the post-tax amount you would have made in each case. The tax rate is assumed at 42.74%. (highest slab rate)
The difference in return by a corporate FD versus a Bank FD is much more profound due to compounding over years. 1 Cr parked in a AAA-rated Corporate FD would yield ₹8.1 lakh more (post-tax) as compared to a Bank FD in 5 years.
We recommend investing in Bajaj Finance FDs
Name: Bajaj Finance FD
Credit Rating: CRISIL FAAA/Stable
Interest Structure and Minimum Investment
Minimum Investment: ₹25,000
Senior citizen benefit: +0.25%
Existing customer benefit: +0.1%
(*All investments are subject to market risks)
Click on Ask Advisor button to connect with your family office to execute the transaction or to understand more about this product