corporate fixed deposits

When most people think about fixed deposits, the first thing that comes to their mind is approaching a bank to open a fixed deposit. However, that is not the only place where you can open fixed deposits. Many finance houses also offer investors the facility to open fixed deposits that offer interest rates that can be higher than what most banks offer.

The deposit placed by investors with companies for a fixed term carrying a prescribed rate of interest is called Company Fixed Deposit.

These deposits are unsecured, i.e. if the company defaults, the investor cannot sell the collateral to recover his capital, thus making them a risky investment option.

We offer a range of Corporate Fixed Deposits varying in tenures, interest rates & institutions to suit your investment needs. The deposit schemes have been specially chosen from high-safety options to ensure that you enjoy the twin benefits of returns and protection.

Corporate Fixed Deposits are best suited for investors who want to earn fixed returns on their investments. Our rich menu of AAA and AA rated fixed deposits of varying tenures provide stability to your portfolio amid volatile markets.

Benefits of investing in Company Fixed Deposits:

• High interest.

• Short-term deposits.

• Lock-in period is only 6 months.

• No Income Tax is deducted at source if the interest income is up to Rs. 5,000 in one financial year.

• Investment can be spread in more than one company, so that interest from one company does not exceed Rs. 5,000.

Corporate FDs