Company Fixed Deposits

Company Fixed Deposits: Better Than Bank FDs? 5 Things to Keep in Mind

Company Fixed Deposits: Better Than Bank FDs? 5 Things to Keep in Mind

The company fixed deposits are investment instruments provided by non-banking financial companies, housing finance companies, and other financial institutions. They are similar to bank fixed deposits in many ways but usually offer higher interest rates. An investor might get confused while choosing between bank and company FDs. Let’s look at the key differences between the two to help you decide which of the two meets your investment needs. What are the key differences between Company Fixed Deposits (CFDs) and FDs? • Interest rates Company FDs interest rates are higher than bank FDs. We provide interest rates as high as 7.60%,…
Read More