What are Corporate Fixed Deposits?
It is a type of FD that is issued by companies such as finance companies, housing finance firms or other types of NBFCs. Corporate fixed deposits are a great way to raise funds from the public for many firms/companies. These time deposits are usually rated for their credibility by a number of rating agencies.
Corporate FDs over Bank FDs
- Higher Returns – Earn potentially higher than average bank FD returns.
- Periodic Interest Payment Options – Choose an interest payout option according to your convenience – monthly, quarterly, half-yearly, or yearly.
- Credit Ratings – Corporate FDs are rated by autonomous reputed agencies such as ICRA, CRISIL and CARE, so you can make an informed choice.