Corporate fixed deposits (CFDs) are gaining popularity among Indian investors as an attractive alternative to traditional bank FDs. Offered by Non-Banking Financial Companies (NBFCs) and corporations, CFDs provide higher interest rates, flexible tenures, and competitive returns. For investors seeking better growth opportunities, these deposits seem appealing. However, as with any investment, corporate fixed deposits come with their own set of risks and rewards. Additionally, managing CFDs efficiently requires tools like a fixed deposit maturity reminder and a well-maintained FD account. This article delves into the growing popularity of corporate FDs, highlighting their benefits and risks to help investors make informed decisions.

What are corporate fixed deposits?

Corporate fixed deposits are time-bound deposits offered by NBFCs, housing finance companies, and other corporations. Like traditional bank FDs, these deposits involve investing a lump sum for a specific tenure, during which the investor earns a fixed interest rate. At the end of the …