Corporate Fixed Deposit

Company Fixed Deposit (corporate FD) is a term deposit which is held over fixed period at fixed rates of interest. Company Fixed Deposits are offered by Financial and Non-Banking financial companies (NBFCs). The maturities of various company fixed deposits can range from a few months to a few years.

Choose from multiple company fixed deposits options varying in tenures, interest rates and institutions to suit your investment needs. Avail stable returns and benefit from much reduced volatility through a wide range of AAA and AA-rated Company Fixed Deposits.

Available schemes

Compare and analyse multiple Company FD schemes and apply in Company FD schemes that suit your requirement.

Regular Deposit Cumulative Option* ROI (p.a.) Additional for Senior Citizen
Company Name Credit Rating 1 Year 2 Year 3 Year 4 Year 5 Year Senior Citizen W.e.f
HDFC Limited CRISIL- FAAA & ICRA - MAAA 5.70% 5.85% 6.05% 6.05% 6.40% 0.25% 30th March 2021
Mahindra Finance Ltd CRISIL- FAAA & ICRA - MAAA 5.70% 6.20% 6.30% 6.45% 6.45% 0.25% 24th August 2020
Bajaj Finance Ltd CRISIL- FAAA & ICRA - MAAA 5.65% 6.10% 6.50% 6.50% 6.50% 0.25% 12th May 2021
LIC Housing Finance CRISIL- FAAA & ICRA - MAAA 5.10% 5.50% 5.60% - 5.60% 0.25% 01st April 2021
Shriram Transport CRISIL - FAAA & ICRA - MAA+ 7.25% 7.50% 8.00% 8.10% 8.25% 0.40% 01st April 2021
ICICI Home Finance CRISIL- FAAA & ICRA - MAAA 5.70% 5.85% 6.05% 6.30% 6.45% 0.25% 15th April 2021

Key Benefits of Corporate FDs

Higher Returns

Enjoy greater payoffs from Corporate FDs as compared to Bank FDs.

Flexibility

Choose Corporate FDs as per your preference from a variety of tenures such as, monthly, quarterly, half-yearly or yearly.

Liquidity

Enjoy better liquidity with Corporate FDs with a lower lock-in period than Bank FDs

Lower Risk

Avail the benefit of reduced risks with Corporate FDs which are backed by reputed rating agencies.

FAQ's

1. What is basic process of premature withdrawal ?

The basic process of premature withdrawal of Corporate fixed deposits is as follows:

  • Submit the original FDR Certificate with all holders signature;
  • Submit a Cancelled cheque;
  • Request letter from client for premature withdrawal with reason (All Holders Signature).

2. When can client apply for premature withdrawal ?

A client can apply for premature withdrawal subject to certain rules and conditions. Premature withdrawal will not be allowed before completion of 3 months from the date of deposit.