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Fixed Deposits
Fixed Deposits
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 difference.
Fixed Deposits let you make the most of value-added benefits as you create wealth at low risk.
Fixed Deposits in companies that earn a fixed rate of return over a period of time are
called Company Fixed Deposits.
Types of Companies offering Fixed Deposits
01
Financial Institutions
02
Non-Banking Finance Companies
03
Manufacturing Companies
04
Housing Finance Companies
05
Government Companies
Features and Benefits
Features and Benefits of Fixed Deposits
Company Fixed Deposits offer 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.
