Company fixed deposit is better than bank fixed deposit as it offers higher interest rates, as compared to bank fixed deposit interest rates. Bank FD rates are determined by several factors which may be affected by the interest rate movement decided by the Reserve Bank of India (RBI). However, with company FD, you can be assured of high interest rates.
When investing in company FD, you may want to choose issuers offering high interest rates, which also carry the risk of delays or defaults. In order to make the right choice, it is best to choose a safe company fixed deposit that is accredited with high stability ratings by credit rating agencies like CRISIL and ICRA.
Here are the considerations you must keep in mind, when choosing the right company fixed deposit to invest in:
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