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 Fixed Deposits

 Fixed Deposits OverView
  Corporate Fixed Deposits are one of the many money raising tools for the companies. Under these, Companies raise money from the public and offer them a Fixed rate of interest for different tenures. The amount of money which can be raised is decided by the Approving authorities.
  Other General Features:
  • These have periodic interest payment option (Monthly, Quarterly, Semi Annually, Annually) and Cumulative option (Compounded and paid at maturity) specific to the deposit.
  • These come with different tenures
  • Issue is rated by Independent Rating agencies like CARE, CRISIL, ICRA etc
  • Some Fixed Deposits can be bought online
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