Benefits of Company Fixed Deposits

  • Higher interest rate: The rate of interest is 2-4 percent high, as compared to the interest rate offered by banks on fixed deposits
  • Regular income: Depending on the scheme, investors have the option to receive interest at monthly/quarterly/half-yearly/yearly intervals
  • Lock-in period: The minimum lock-in period for most of the schemes is six months, i.e. investors can withdraw their money post six months, anytime
  • TDS: TDS is not applicable if interest earned is equals to or less than 5,000 for a year in a single company.

Points to keep in mind before investing