| Today once again company fixed deposits is making a comeback and has gained momentum. With FDs you deposit a lump sum of money for a fixed period ranging from a few weeks to a few years and earn a pre-determined rate of interest. |
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| What are company fixed deposits? |
| Similar to bank fixed deposits these are offered by a company at a fixed rate of interest to its investors. Generally, the rate of interest offered by the companies is higher than what your banks offer on a normal fixed deposit. Why higher rate? That's because company fixed deposits are unsecured debt instruments unlike bank fixed deposits where the Deposit Insurance and Credit Guarantee Corporation of India guarantees repayment of Rs 1 lakh in case a bank defaults. Companies offering this product offer no such guarantee and the safety of your deposit depends much on the financial health of the company. |
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| Why should you Invest in company FDs? |
- To get higher rate of interest than that of Bank FD
- To diversify your portfolio.
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| Do Contact Us for more details. |
