Fixed Deposit

An increasing number of investors are choosing to invest in corporate fixed deposits either to balance other riskier investments like equity or to park their funds for fixed returns acting as a safe guard of one's hard-earned money. Prudent customers are making the best of the current opportunities and freezing their investments in corporate FD's which provides higher rates than Bank FD's. If you are considering taking the corporate fixed deposit route for your investments, now is the right time.

Why opt for Corporate Fixed Deposits?
	If your risk appetite is low, fixed deposits are perfect for you. Since most of the instruments are rated, corporate fixed deposits have a very high safety level
	Attractive returns at interest rates higher than banks's Fixed Deposits
	Higher Interest rates for senior citizens
	High liquidity; most of these issuers offer 75% of the investment amount as loan @ 2% over the interest rate on the deposit, as well as a pre-mature withdrawal Option
	Potential to earn compounding interest on your money by reinvesting the principal amount along with the interest earned
	Flexible tenure - there are various tenures ranging from 1 to 7 years
	You can choose interest frequency; most issuers offer monthly, quarterly, bi annual and annual cumulative deposits
	You get direct ECS credit facility for interest payments or advance interest warrants for the year issued by most issuers

Interest Rate Comparison

Fixed Deposits	Rating	1 Yr	2 Yr	3 Yr	4 Yr	5 Yr	Extra for Senior Citizen
HDFC	FAAA	5.85%	5.85%	6.05%	6.05%	6.05%	0.25%
Bajaj Finserv	FAAA	6.90%	7.00%	7.10%	7.10%	7.10%	0.25%

Above mentioned FD rates are for cumulative schemes.