Fixed Income
It is an investment product that provides fixed rate of return for a specified period & the principal amount is returned on maturity.
Corporate Fixed Deposits
- Acceptance of fixed deposits by companies is governed by the applicable provisions contained in section 73-76 of the Companies Act, 2013.
- These fixed deposits are currently unsecured in nature.
- They offer slightly higher returns vis-à-vis the bank deposits
- Fixed deposits can be made for a period ranging from 1 to 5 years and the investor can choose monthly/quarterly/half yearly/yearly options for receiving the interest payments according to their needs.
- If you are looking for company fixed deposit with highest FD interest rate in India or Companies accepting fixed deposit schemes in India, your search ends here.
- Please note, Corporate Fixed Deposits are basically unsecured in nature. Investors are advised to refer financial details of the company carefully before taking investment decisions.
- Interest Rates are subject to change and the rate applicable will be the rate prevalent on the date of deposit. Please check the interest rates with our branch team before investing.
- M/s. Integrated Enterprises (India) Pvt. Ltd., and its Directors/Employees can not be held responsible for individual investment decision based thereon.
- Rates udpated on 30.06.2024.
List of Companies accepting FD ->
Bonds & NCDs
A company raises money from the public through issue of a debt instrument known as Debenture, for a specified tenure and fixed interest on the investment.
A debenture that cannot be converted to equity shares are called " Non Convertible Debenture (NCD)". It may or may not be secured.
A company willing to raise money shall get its issue rated by credit rating agencies like CRISIL, ICRA, CARE, India Rating, Brickwork etc.
GOI Bonds
Floating Rate Savings Bonds:Reserve Bank of India has introduced floating rate savings Bonds from 1st July 2020. As the name denotes, the interest rate would be reviewed every six months. From July 2023 to December 2023, it is fixed at 8.05% (taxable). Tenure for the bonds is 7 yeaRs.Early redemption is allowed for Senior Citizens in specific cases.
Capital Gain Bonds:
Floating Rate Savings Bonds:Those desirous of availing exemption from capital gains tax under Section 54 EC may invest the sale proceeds in the capital gain bonds. The investment is to be made within a period of six months from the date of transfer/sale of the asset to get exemption from the capital gains tax. This exemption is available for long term capital gains i.e. the profits made from sale of assets after 3 years of acquisition.
| FEATURES | |
| Face Value | Rs.10,000 per Bond |
| Minimum Application* | Two Bonds of Rs.10,000 each |
| Maximum Application | 500 Bonds of Rs.10,000 (Rs.50,00,000) |
| Maturity | 5 years from the Deemed date of Allotment |
| Coupon rate | 5.25% annually |
| Interest payment | Annual |
| Transfer | Non-Transferable |
| TDS | Interest is taxable. No TDS is deducted on interest and wealth tax is exempted. |
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