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FDs are one of the oldest and most common methods of investing. When it comes to assured returns, choosing the right type of savings scheme makes all the difference. Fixed Deposits let you make the most of value-added benefits as you create wealth at low risk.
Fixed Deposits in companies that earn a fixed rate of return over a period of time are called Company Fixed Deposits.
Types of Companies offering Fixed Deposits
Features and Benefits
How to choose a good company deposit scheme?
Don’t go for Companies which offer interest much higher than market. Ignore unrated Company Deposit Schemes. Look at only AA or AAA rated schemes.
Tax Deductions on Company Fixed Deposits
TDS will be deducted when interest payable or reinvested per customer, per company exceeds the amount applicable as per statutory rules in a financial year.