Fixed Deposits are the most common form of Investment and most of our idle money is in the form of FDs with banks. Fixed deposits earn higher interest rates as compared to a regular savings account. In this time of the pandemic, when the interest rates on FDs have been lowering, as an investor, we have been looking for other instruments with better returns. But at times better returns come with a certain amount of increase in risk exposure. One such instrument which works very similarly to the Bank Fixed Deposit (FD) is Corporate Fixed Deposits or Company Fixed Deposits.
What is Corporate / Company Fixed Deposits?
Corporate Fixed Deposits are a kind of Fixed deposits, an alternate instrument for saving and investing. Usually offered by NBFCs, Company Fixed deposits are not every corporate/ company.
The major functioning of Corporate Fixed Deposits is mostly the same as Bank…