Archive · 14 Nov 2025

NBFCs Offer Up to 7% Interest on Fixed Deposits, Check Rates

NBFCs Offer Up to 7% Interest on Fixed Deposits, Check Rates

Imagine you want to save money for a rainy day.

Some special companies, called NBFCs in India, let you put your money with them for a set time, like a year or five years.

In return, they pay you a little extra money called interest.

These NBFCs are offering to pay you interest rates as high as 7.35% for regular people and even more for older people who are seniors.

This is good because the more interest you get, the more your savings grow over time.

Companies like LIC, Bajaj Finance, PNB, Sundaram, and Shriram Finance are all competing to give you the best rates.

It's like a competition to see who can help your money grow the fastest!

Sources