Company Fixed Deposit (corporate FD) is a term deposit which is held over fixed period at fixed rates of interest. Company Fixed Deposits are offered by Financial and Non-Banking financial companies (NBFCs). The maturities of various company fixed deposits can range from a few months to a few years.
Choose from multiple company fixed deposits options varying in tenures, interest rates and institutions to suit your investment needs. Avail stable returns and benefit from much reduced volatility through a wide range of AAA and AA-rated Company Fixed Deposits.
Benefits and Features of Company Fixed Deposits (FD)
These deposits function as the regular fixed deposits, but feature higher interest rates.
They are low risk investments and do not face influence of market forces.
They may be flexible in some cases. This means that you get to choose your tenor or maturity terms.
Company FD can be liquidated easily depending on the terms of the institution.
These accounts may offer premature withdrawals without restrictions.
The money from Company FDs can be used for any purpose like financing a holiday or even purchasing an asset.
They offer non-cumulative and cumulative interest pay-outs.
They feature safety ratings by credit agencies like ICRA and CRISIL. You can choose one based on how high the ratings are.
