Corporate Fixed Deposits Details

Apply for Corporate Fixed Deposits

By continuing, you agree to the Terms and Conditions of Shriram Finance and authorize our representatives to Call/Email/SMS/WhatsApp you regarding your application.

Corporate Fixed Deposits Overview

Corporate fixed deposits are investment options offered by non-banking financial institutions or companies. These deposits typically offer higher interest rates compared to traditional bank fixed deposits. They are suitable for investors looking for fixed returns with a moderate level of risk.

With corporate fixed deposits, investors can earn interest on their investments over a fixed period, providing a stable source of income. These deposits may have varying tenures and interest rates, offering flexibility to investors based on their investment goals and risk tolerance.

Features

Key Features of Corporate Fixed Deposits

High Interest Rates

Corporate fixed deposits often offer higher interest rates compared to bank fixed deposits, providing investors with the opportunity to earn attractive returns on their investments.

Fixed Tenure

Corporate fixed deposits come with a fixed tenure, allowing investors to lock in their investments for a specific period and earn fixed returns over the investment period.

Diverse Investment Options

Companies offering corporate fixed deposits may provide investors with various investment options, including different interest rates, tenures, and payout frequencies to suit their investment preferences.

Stable Returns

Corporate fixed deposits offer stable returns over the investment period, providing investors with a predictable income stream and helping them achieve their financial goals.

Steps

How to apply ?

  • Step 01
    Register using your mobile number
  • Step 02
    Enter personal details
  • Step 03
    Meet our Expert Advisor
    (Online / Offline options available)
  • Step 04
    Choose your most preferred product.

Eligibility

Check Your Eligibility for Corporate Fixed Deposits

Find out if you meet the requirements for investing in corporate fixed deposits:

Age Requirement

Investors must be at least 18 years old to invest in corporate fixed deposits.

Documentation

Investors need to provide KYC documents, including PAN card, Aadhar card, and address proof, along with a passport-sized photograph.

Minimum Investment

The minimum investment amount for corporate fixed deposits varies depending on the company's policies and terms.

Contact us

"Investing is a journey of self-discovery.
It reveals your relationship with money, your tolerance for risk,
and your ability to stay disciplined in the face of uncertainty."
– Jeremiah Say

Frequently Asked Questions about Corporate Fixed Deposits

Corporate fixed deposits are investment instruments offered by corporate entities to raise funds from investors. Investors deposit a lump sum amount with the company for a fixed tenure at a predetermined interest rate.

Investors deposit funds with a corporate entity for a specified period, usually ranging from a few months to a few years. In return, the company pays fixed interest rates periodically or at maturity.

While both offer fixed returns, corporate FDs generally offer higher interest rates than bank FDs. However, they also carry higher risk as they are not insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC).

Corporate FDs carry a higher risk compared to bank FDs since they are not backed by the government's deposit insurance. Investors should carefully evaluate the credit rating and financial stability of the issuing company before investing.

Investors should consider factors such as the credit rating of the company, interest rates offered, tenure, liquidity, and the company's financial performance before investing in corporate FDs.

Interest income from corporate FDs is added to the investor's taxable income and taxed at their applicable income tax slab rate. TDS (Tax Deducted at Source) is deducted if the interest income exceeds a certain threshold.

Some companies allow premature withdrawal of corporate FDs, but it may attract penalties or lower interest rates. Investors should check the terms and conditions of the investment before withdrawing prematurely.

Corporate FDs are regulated by the Reserve Bank of India (RBI) and governed by the Companies Act, SEBI (Securities and Exchange Board of India) regulations, and guidelines issued by the Ministry of Corporate Affairs.

Yes, NRIs (Non-Resident Indians) can invest in corporate FDs in India, subject to certain conditions and compliance with Foreign Exchange Management Act (FEMA) regulations.

Corporate FDs can be invested in directly through the issuing company or through intermediaries like brokers, financial advisors, or online investment platforms. Investors should conduct thorough research and due diligence before investing.