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Is it good idea to invest in Company Fixed Deposit?

A fixed deposit is one of the most loved avenues of investment among investors. They are considered better as they offer safe and guaranteed returns as compared to savings or current account. By opening an FD account, you can earn higher returns on your investment. There are two types of fixed deposit accounts: Bank FD and Company FD. Investing in company fixed deposits is better than bank deposits because they offer many benefits as compared to bank fixed deposits like:
Fixed Deposit


1) You get a higher rate f interest on your investment nearly 9.00% per annum
2) They have good credit ratings assigned by top-notch credit rating agencies like ICRA, CARE or CRISIL
3) Make sure that you check the company before starting investment in FD accounts
4) In company fixed deposits, you also get several interest pay-out options like monthly, quarterly, half-yearly as per your requirement
5) Make sure that you do not withdraw before your fixed deposit matures otherwise you would have to pay the penalty on your premature withdrawal


READ MORE HERE: Why invest in Company Fixed Deposit?

            

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