Corporate Fixed Deposit(CFD)
Company fixed deposit is a term deposit which is held over fixed period at fixed rate of interest. These are offered by financial and non-banking financial companies (NBFC). The maturities of various company’s fixed deposits can range from few months to few years.
Key benefit of corporate FDs is higher returns coupled with flexibility, liquidity & lower risk. Investors should always look for corporate FD with good credit rating, good background and solid repayment history.