Interest rates in the economy are set to fall as Reserve Bank of India (RBI) officials meet on Sept 29 to decide on interest rates.

It is almost certain that the RBI would cut rates in its policy meet. Before that happens you can invest at higher rates of interest in the following "AAA" rated company deposits that offer you interest rate of up to 9.35 per cent.

Interest rate on company fixed deposits

Bajaj Finance Fixed Deposits

Bajaj Finance's Fixed deposits are AAA rated as the company's fundamentals are solid. It is part of the Bajaj group and the deposits are very safe. One cap opt for cumulative as well as the regular interest option. ECS and other facilities are available on the deposits.

You can get up to 9.25 per cent on the deposits, with the yield working out higher considering the compounding.

The deposits are rated AAA by ICRA and Crisil.

DHFL Ashray Deposit

The Deposits of DHFL Ashray are from a very old housing finance company with a solid track record. The deposits can offer you an interest rate of as much as 9.35 per cent for a tenure of 40 months. The deposits are rated "AAA" by CARE.

HDFC Premium Deposits

HDFC premium deposits are not the best when it comes to interest rates. The highest interest rate the institution offers if 8.70 per cent. However, the company is one of the prestigious and respected financial institutions in the country.

Mahindra Finance Samrudhi

Mahindra Finance is part of the Mahindra group, hence the deposits are very safe. We are emphasizing safety because company fixed deposits by nature are risky and in the past there have been companies that have defaulted on interest and principal amount. Again the deposits are "AAA" rated by CRISIL.

PNB Housing Finance

PNB Housing Finance is a subsidiary of the government owned Punjab national Bank. The deposits do not offer interest rates that are very high like some other peers, but, they are much better than what banks in the country are offering. The deposits are rated "AAA" by banks.

Shriram Transport Unati

Shriram Transport Unati is offering an interest rate of up to 9.25 per cent. The deposits are rated "AAA" BY Crisil.

Things to remember when putting in company fixed deposits

Try and place the deposits for long term because interest rates are falling. There would be a TDS that is applicable on interest rates paid above Rs 5000. Interest on company deposits is very much taxable. Opt for ECS as this could make life a lot easier.

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