Fixed Deposits

Fixed Deposits are deposits that are offered by the banks and corporate companies. As the name suggests the term (tenure Or Duration) And the Interest rate of the fixed deposits are fixed. The Fixed Deposits offered by the banks have a return slightly higher than the Inflation Rate. The Fixed Deposits offered by corporate companies offer a higher interest rate than the banks because there is a slightly higher credit risk compared to the banks. So one can have a portion of their deposits in corporate deposits for a short span of 1 to 3 years.

There are many schemes offered. The common types being cumulative scheme, non – cumulative scheme, and monthly income scheme. In cumulative scheme the interest on the deposits is paid only in the end of the tenure. In non – cumulative scheme the interest on the deposits is paid at the end of each year or half yearly or quarterly basis depending on the scheme. In monthly income scheme the interest on the deposit is paid at the end of every month.

To invest in Fixed Deposit visit us @ or call us @ 9739030606

Please fill the details
Thank you for Showing Interest in Saving Tax. Our Advisor will get back to you shortly.

Debt Funds v/s Fixed Deposits. Which is Better? A traditional and popular investment option for Indian households is a fixed deposit in a bank. Most investors use bank fixed deposits for regular income and for achieving their financial goals. However, the interest rates on the deposits are falling and investors are looking for alternate options like debt funds. Here is…Read More

9th May 2014
What is a corporate fixed deposit?

What is a corporate fixed deposit? Corporate Fixed Deposits are fixed deposits offered by corporate companies. Corporate Companies accept fixed deposit like banks for fixed interest for a fixed period . How is corporate Fixed Deposits Different from Bank Fixed Deposits? Corporate Fixed Deposits are considered slightly risky than bank because they have a slight default risk . Are these…Read More