short term deposit rates in indian banks

Now, let us look at the main advantages of investing in the best corporate FDs: Benefits of the Company/Corporate Fixed Deposits You can gauge the stability of a corporate fixed deposit with its rating and even compare similar products to finalize your investment option.Ħ. The higher the rating, the safer the investment. Popular credit rating agencies such as ICRA and CRISIL have a 14-point rating system to determine the assumed risk levels of a company’s fixed deposit. Look for companies with timely repayment of fixed deposits and regular interest payments. Or, the depositors have not received their payments on time. With the lure of high-interest rates, there have been many cases in the past where companies have defaulted on their payments. Recently, the FD market has become more competitive than ever before. The internet has made it easier for investors to surf through the financial institutions’ websites and compare their options before zeroing in on the final company. A credible company with a good track record of happy customers and a long history of profitability is a safe bet.

It is a smart choice to look into the history of the company you want to start an FD with. Here are some key factors that can help you choose the best corporate fixed deposit: If you are planning to opt for company fixed deposits, it is easy to choose the one that offers the highest interest rate.

Short term deposit rates in indian banks