FDs are one of the oldest and most common methods of investing. When it comes to assured returns, choosing the right type of savings scheme makes all the difference. Fixed Deposits let you make the most of value-added benefits as you create wealth at low risk.
Fixed Deposits in companies that earn a fixed rate of return over a period of time are called Company Fixed Deposits.
TYPES OF COMPANIES OFFERING FIXED DEPOSITS
- Financial Institutions
- Non-Banking Finance Companies (NBFCs).
- Manufacturing Companies
- Housing Finance Companies
- Government Companies
You can also go for Fixed Deposits with Banks
FEATURES AND BENEFITS :
HOW TO CHOOSE A GOOD COMPANY DEPOSIT SCHEME?
Don’t go for Companies which offer interest much higher than market.
Ignore unrated Company Deposit Schemes. Look at only AA or AAA rated schemes.
To get a fresh perspective on how to manage your finances and achieve all your life’s goals, do Contact us