DHFL, India's one of the premiere housing finance company, has revised the rates on it's cumulative and non-cumulative fixed deposit schemes for retail investors.
DHFL deposits have a minimum investment requirement of Rs. 20,000 and a 7 year deposit could yield as high as 15% per annum. So 20,000 invested in a seven year cumulative deposit scheme would grow to 40,944 which is far more than KVP scheme of Post Office where the money is just doubled in 8 years 7 months.
Since DHFL has been one the finest NBFC in housing finance industry and has been for decades, the deposits are quite safe. Almost all big brokers like ICICI Direct, Religare are providing the facilities of company deposit, so if you have a demat and trading account you can do it online or contact your broker or customer service and get your money invested in the available deposit schemes.
For more details on the DHFL deposits check out the following link: DHFL Fixed Deposits
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