Which Bank/Company provides the highest Fixed Deposit Rate in India?

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All members are requested to provide the name and rate of interest which can be compared over the period to know the highest FD rate.

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As far as i know majority of the banks are providing 6.75% interest for normal people and 7% for senior citizens.
Meean you can also mention company FD if you know any.
There are companies which accept deposits and the rates too are better but the problems lie in the fact that public deposits are treated as unsecured loans.When the company defaults in the payment of the principal as well as interest, legal action against the company is very long-drawn and uncertain.
Well risk is involved in every investment. We can just leverage it by spreading it. So if you know companies offering good interest bearing securities please mention here.

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J

jayen

@jayen

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Created Tuesday, 08 June 2010 09:32
Last Updated Tuesday, 30 November -0001 00:00
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