Fixed deposits are one of India's favorite investment destinationand most people approach a bank to open one. But did you know that many corporates also offer the facility to open fixed deposits. 

These are called Company Fixed Deposit and are governed by Companies Act 58A.Like typical Fixed deposits, the company offers a fixed rate of return for the fixed tenure. The best thing about a company FD is the interest rate. But there are several advantages over Bank FDs.

Flexibility: You choose your interest credit duration – monthly, quarterly, half-yearly or yearly

LOWER RISK: Corporate FDs are backed by reputed rating agencies, thus reducing the risk factor

However, one should do thorough research by looking into credit rating, Company background and its repayment history

If you are looking for fixed income, you can consider investing in some of the Top Company FD Schemes that are offering high interest rates.

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Investment in securities market are subject to market risks, read all the related documents carefully before investing

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