What is Fixed Deposit?
Company Fixed Deposit also known as Corporate F.D is a term deposit which is held over fixed period at fixed rates of interest.
Corporate Fixed Deposits are offered by Financial and Non-Banking financial companies (NBFCs). The maturities for several such fixed deposits can vary from 1 year to several years.
Corporate Fixed Deposits provide returns that are stable and give security of AAA and AA-rated Company Fixed Deposits.
Corporate Fixed Deposits provide Higher returns than normal fixed deposits, provide flexibility to choose tenure, provide liquidity with lesser lock-in periods & provide less risk as they are usually backed by top rating agencies.