Introduction

Company Fixed Deposits- Companies like HDFC,SHRIRAM,DHFL,Mahindra&Mahindra,Bajaj Finserve,PNB Housing with high ratings gives fixed rate of return over a period of time are called Company Fixed Deposits. Financial institutions and Non-Banking Finance Companies (NBFCs) also accept such deposits. Deposits thus mobilised are governed by the Companies Act under Section 58A. These deposits are unsecured, i.e., if the company defaults, the investor cannot sell the documents to recover his capital, thus making them a risky investment option.

Benefits of investing in Company Deposits

  • High interest.
  • Short-term deposits.
  • Lock-in period is only 6 months.
  • No Income Tax is deducted at source if the interest income is up to Rs 5,000 in one financial year
  • Investment can be spread in more than one company, so that interest from one company does not exceed Rs. 5,000
Invest only in Rated Companies for more details give a missed call on-08030636369
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DISCLAIMER: Before investing in fixed deposit schemes of your choice, please read the statutory advertisement issued by the company in leading newspapers.& Financial Position of The Company in Audited Balancesheet. 
Interest Rate may be Subject to change without Notice...more