KTDFC

The interest rates on KTDFC is the best you can get from a government institution at the moment. The 1, 2 and 3 year deposits comes with an interest rate of 10 per cent for an amount under Rs 25 lakhs. For a sum above Rs 25 lakhs, the interest rate is 10.25 per cent. The deposits are backed by the government of Kerala and hence are very safe.

Mahindra Finance Fixed Deposits

The Mahindra Finance fixed deposit comes with an interest rate of 9.75 per cent for a three year deposit. The yield on the deposit works out to a huge 10.73 per cent over a three year period. The interest rate is 9 per cent for one year and it is 9.5 per cent for two years. Senior citizens get an additional rate of interest of 0.25 per cent.

The Fixed Deposit has a Crisil rating of 'FAAA', which indicates a high level of safety.

DHFL Fixed Deposits

For a sum of Rs 50 lakhs, DHFL offers an interest rate of as much as 10.10 per cent on a 40 month deposit. The interest rate is reduced to 10 per cent on a 14, 24 and 36 month deposit. For deposits under Rs 50 lakhs the interest rate is 9.75 per cent for tenures of 14, 24 and 36 months.

CARE has accorded a rating of AAA indicating highest degree of safety regarding timely servicing of financial obligations.

TN Power Finance Fixed Deposits

Interest rate on the TN Power Finance Fixed deposit is 10 per cent on a 36, 48 and 60 month period under the cumulative option. Senior citizens are given an extra 0.5 per cent interest rate. Under the cumulative scheme a deposit Rs 608, becomes Rs 1000 in 60 months.

Shriram Transport Finance

The interest rate on cumulative deposits is 10.03 per cent for 36, 48 and 60 months. The deposits are rated "MAA" by ICRA, indicating high credit quality. Senior citizens are entitled an additional 0.25 per cent. The interest rates are pretty healthy considering that interest rates in the economy are set to fall.