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Financial Products

Corporate FDs

Company Fixed Deposit (corporate FD) is a term deposit which is held over fixed period at fixed rates of interest. Corporate FDs 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.

Features of Corporate FD:

  • GUARANTEED RETURN: Corporate FD provide a guaranteed return.
  • HIGHER RETURN: Higher interest when compared to bank deposits.
  • FLEXIBILITY : Choose Corporate FDs as per your preference from a variety of tenures such as, monthly, quarterly, half-yearly, yearly or Cumulative.
  • TAX TREATMENT: Income from FDs is taxable.
  • CREDIT RATINGS: Almost all company FDs are rated by autonomous agencies such as ICRA, CRISIL and CARE. This offers customers a chance to go for a well rated FD.
For any details, reach us at 0261-2206008/27.