Deposits

Corporate Fixed Deposits are money raising tools for Companies through which these companies raise money from the public and in return, offer a fixed rate of interest for different tenures to their investors. A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account. Fixed deposits are a high-interest-yielding term deposit and offered by banks in India. The most popular form of term deposits are fixed deposits, while other forms of term deposits are recurring deposit and Flexi Fixed deposits.