NBFC Fixed Deposits Offer Up to 8.95% in June 2026: What to Know

Corporate fixed deposits from non-banking financial companies are offering interest rates as high as 8.95% in June 2026, drawing investors looking for yields above traditional bank FDs. The rates come as global markets face volatility tied to the US-Israel conflict with Iran, which has pushed commodity prices and risk appetite into choppy territory.

Several top NBFCs have updated their deposit schedules this month. The highest rate, 8.95%, applies to specific tenors for deposits up to ₹1 crore, with additional perks for senior citizens. Women depositors get an extra 0.05% per annum, and those renewing matured deposits receive an additional 0.15% per annum. Rates are calculated on a monthly rest basis.

Corporate FDs carry higher risk than bank deposits because NBFCs are not covered by the Deposit Insurance and Credit Guarantee Corporation (DICGC) up to ₹5 lakh. The credit rating of the issuing NBFC matters. A AAA-rated institution offers lower default risk but typically pays a slightly lower rate than an AA-rated peer. Investors should match the deposit tenure to their own liquidity needs, not chase the highest headline rate without checking the rating.