This helps the investors to evaluate the risk that might be involved. The credit rating of these companies can be checked through ratings provided by ICRA & CRISIL.Depending on the terms and conditions of the company, the fixed deposit can be liquidated easily.

The features of the corporate fixed deposit are the following: Furthermore, the company fixed deposit is not covered by the DICGC like a regular fixed deposit, which should be considered by the investors. This will help the investor to review the stability of the NBFC. Hence, you must invest in companies with adequate creditworthiness. It is important to check the credit rating of these NBFC’s as provided by CRISIL, ICRA & CARE. Investors can choose to invest in corporate or company fixed deposits if they are not looking to invest in any risky asset class. The interest rates offered by these deposits are generally higher than the bank fixed deposits rates. Corporate Fixed Deposits or a Company Fixed Deposits are offered by Non-Banking Financial Institutions (NBFC) and act as a savings product for the investors.

Ocbc corporate fixed deposit rates