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Saturday, December 31, 2011

Comparison between Muthoot finance NCD and Bank Fixed Deposits

Download Muthoot finance NCD Application Forms
Comparison between NCD and Bank FD: 


Parameters
NCD
Bank FD
Tenure
3 and 5 Years
1 Years - 5 Years
Safety
Secured rated paper AA- with cover on the assets of the company
Unsecured with no charge on the assets of the company. Up to 1 Lakh is guaranteed in case of default.
Yield/ Interest Rate
13.25%
9.00% -10.50%
Credit Ratings
“AA-” by CRISIL & ICRA
Un rated
Tax Deducted at Source
No
Yes
Post Tax (30.9% bracket)
9.15%
6.21 - 7.25%
Liquidity
Listed on the BSE and can be exited out anytime
Possibility of withdrawal with premature penalty of 1% - 2%



You can download the forms below
Download Application Forms

Submit the filled up form to Collection canter near you
 

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Mutual Fund Application Forms Download Any Applications
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