Fixed Deposit
Fixed Deposit : Fixed Deposits are one of the oldest and most common methods of investing. When it comes to assured returns, choosing the right type of savings scheme makes all the dierence. Fixed Deposits let you make the most of valueadded benets as you create wealth at low risk.
Fixed Deposits in companies that earn a xed rate of return over a period of time are called Company Fixed Deposits.
Features & Benets : Company Fixed Deposits oer comparatively higher returns than banks.
Choose the best tenure for you from a wide range as per your convenience. You can choose how frequently you want to receive your interest payments :
» Maturity
» Yearly
» Half-yearly
» Quarterly
» Monthly
Company Fixed Deposits are non-transferable that means there is no fear of FD receipt being stolen. In case it falls into wrong hands, it cannot be misused.
Premature encashment of deposit is available any time subject to payment of prescribed penalty.
Diversify Risk- The deposits should be spread over a large number of companies engaged in dierent industries. This way, you’ll be able to diversify your risk among various industries/companies.
Wide Choices- Many companies operating in the Company Deposit market. This will help you decide whether to renew or reshue the deposit.
Attractive rates as applicable from time to time.