Fixed Deposits

Fixed Deposits

What is Fixed Deposit – Company Fixed Deposit – NBFC /Govt. Company Fixed Deposit?

The deposit kept by investors with companies for a fixed period carrying a fixed rate of interest is called Company Fixed Deposit. Manufacturing – Service Companies, Financial institutions and Non-Banking Finance Companies (NBFCs) accept deposits from investor.

Who can Invest?

Investor can be Individual, Hindu Undivided Family (HUF), Companies, Minors (With the Guardian), NRI, Corporate / Companies, Partnership Firm, Trust, Charitable Trusts, Cooperative Society.

NBFC’s which accepts deposits are:

• Bajaj Finance Ltd
• DHFL Aashray Deposit Scheme
• EXIM BANK OF INDIA
• GRUH Finance Ltd
• HDFC LIMITED
• HUDCO
• KTDFC Ltd
• LIC HOUSING FINANCE LTD
• Mahindra and Mahindra Financial Services Ltd
• NATIONAL HOUSING BANK
• PNB Housing Finance Ltd
• ICICI Housing Finance Ltd
• Shriram Transport Finance UNNATI Scheme
• Shriram City Union Finance Ltd.
• SIDBI
• Sundaram Finance.

Company Fixed Deposit intermediary (IFA) is also known as Company Fixed Deposit Advisors, Company Fixed Deposit Distributors, Company Fixed Deposit Brokers, Company Fixed Deposit Consultants, Company Fixed Deposit Agents.