A fixed deposit is a financial instrument provided by Indian banks which provides investors with a higher rate of interest than a regular saving, until the given maturity date.
ADVANTAGES
- Fixed Deposit
- Fixed Tenure
- Fixed rate of interest
- Fixed Income
COMPANY FIXED DEPOSIT / CORPORATE DEPOSIT
A fixed deposit offered by a company is called company fixed deposit or corporate deposit. this deposit is offer by NBFCs / Manufacturing Companies /PSU/ Govt. NBFC)BENEFITS OF INVESTING IN FIXED DEPOSIT
- Higher Rate of Interest
- Eligibility and process is simple as compare to banks
- Cumulative & non cumulative schemes are available
- Nomination facility available
- Premature withdrawal facility available
- Loan on deposits is available
Click to invest in FD
