A corporate fixed deposit is a type of investment where an investor can deposit a sum of money with a company for a fixed period, at a fixed rate of interest. The interest rate is usually higher than bank fixed deposits.
Corporate fixed deposits are relatively safe, but there is always some degree of risk involved. It is important to do your due diligence and research the credit rating and financial health of the company before investing.
The interest earned on corporate fixed deposits is taxed at the investor's slab rate of income tax. TDS (Tax Deducted at Source) is also applicable on interest earned on corporate fixed deposits.
The minimum investment amount for Bajaj Finance Limited fixed deposit lies between Rs. 15,000 and Rs. 3 crore.
The tenure of corporate fixed deposits can range from 12 months to 60 months.
Yes, most corporate fixed deposits can be withdrawn prematurely, but there are prematurity charges for doing so. It is important to check the terms and conditions of the investment before investing.
If the company defaults on payment, the investor may lose their entire investment. This is why it is important to invest in companies with good credit ratings and a track record of financial stability.
RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor
ARN-0032 Validity 14-Mar-2027
Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001
Landline Number +91 11-4444-1111
Customer Care +91 9350316010
SEBI Registration No: NSE Cash: INB231219636 | SEBI Registration No: NSE Derivative: INF231219636 | SEBI Registration No: BSE Cash: INB011219632 | SEBI Registration No: MCX-SX: INE261219636 | SEBI Registration No: NSE Currency: INE231219636 | SEBI Registration No: USE: INE271219631 | SEBI Registration No: CDSL: IN-DP-CDSL-3242005 | NCDEX Membership No: 00635 | MCX Membership No: 28850 | NSEL Membership No: 10650 | RBI Registration No: NBFC: N-14.03215 | IRDA Registration Number : CB-066/03 | AMFI Registration No : ARN -0032| SEBI Registration No: Merchant Banker: INM000007508
* Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
© 2022 RR Investors Capital Services Pvt. Ltd | All Rights Reserved.