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
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