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What is a corporate FD: Similar to bank fixed deposits, corporate FDs provide interest earnings and offer flexibility in choosing the investment amount and duration. Fixed Deposits serve as a popular choice for long-term investments, particularly for older investors aiming for a secure retirement. The tenure period plays a crucial role in determining when investors will receive returns before maturity. In corporate fixed deposits, the tenure typically ranges from six months to 5 years, offering a shorter duration compared to bank fixed deposits. ....
Financial Literacy News: Debt funds are schemes that invest in fixed income instruments like corporate/government bonds, corporate debt securities, and money market instrument ....
Fixed Deposits (FDs) in India offer guaranteed returns, higher interest rates than savings accounts, and tax benefits. Small finance banks provide rates ranging from 4.5% to 9% for regular consumers and up to 9.5% for senior citizens ....
Shriram Finance offers a variable interest rate between 7.8% and 8.6% per annum on fixed deposits, starting at 7.8% for a 12-month tenure, increasing to 7.95% for 18 months, and reaching 8.10% for a 24-month tenure. ....
Shriram Finance offers interest rate on fixed deposit in the range of 7.8 to 8.6 percent per annum. The interest rate is 7.8 percent on 12-month deposit, it rises to 7.95 percent when the tenure is 18 months. This further rises to 8.10 percent when the tenure is 24 months. ....