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Highest FD Rates: Given the ongoing sell-off in the stock market, investors' confidence in safe schemes—such as Fixed Deposits (FDs)—has strengthened even further. An ideal investment portfolio is one that comprises a mix of both safe and riskier schemes. Investors typically gravitate toward riskier schemes because safe options often fail to generate equally attractive returns.

However, with this particular safe FD, you can enjoy substantial returns alongside security. The returns offered on FDs by this specific company are so enticing that they are bound to pique your interest. This financial institution is currently offering a return of 8.95% on its Corporate FDs. Furthermore, the company is offering an even higher return of 9.2% to senior citizens. Let's find out the name of this company.

**Which Company is Offering Returns of Over 9%?**

According to data obtained from Paisabazaar, Muthoot Capital Services is offering a return of 9.2% to senior citizens on its Corporate FDs. This return applies to FDs with a tenure of three years. Meanwhile, individuals other than senior citizens are also receiving a return of 8.95%.

However, it is important to note that this is not a bank FD, but rather a Corporate FD. Let's explore the key differences between a standard FD and a Corporate FD.

**What is a Corporate FD?**

Corporate FDs typically offer higher returns compared to standard bank FDs. These FDs are offered by financial institutions or private companies. As with a standard FD, the returns—along with the principal amount—are paid out to the investor upon maturity.

Much like banks, these companies offer FDs across various tenures. However, there is one potential drawback: the company may utilize your Corporate Fixed Deposit as collateral to secure loans for itself. Therefore, if you are considering investing in a Corporate FD, it is crucial to assess the company's credit...

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