The deposit placed by investors with companies for a fixed term carrying a prescribed rate of interest is called Company Fixed Deposit. 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.
We invest your money in a Fixed Deposit Scheme offering attractive interest rates and high annual yields to individual investors. Rated CARE AAA (FD) by CARE and BWR FAAA by Brickworks, These FDs assure highest degree of safety regarding timely servicing of financial obligations. In addition, it offers high Rate of Interest, starting from from 9.25% to 10.10% along with free insurance cover of ₹ 1 lakh to individual depositor in case of single deposit account and every first depositor in case of joint deposit account.
In case you have any query/would like to invest in Company Deposits, please fill the form below: