Fixed Deposit is the most popular investment choice in India. Like Banks, RBI permits selective corporates & NBFCs to accept deposits for a fixed interest rate and tenure. Such deposits are called Company or Corporate Fixed Deposit.
In these times of high market volatility and uncertain returns, Corporate FDs help you secure your future financially with fixed, predictable returns. Investors can choose to earn regular income with pay-out option or accumulate capital through cumulative option.
Non-convertible debentures fall under the debt category. They cannot be converted into equity or stocks. NCDs have a fixed maturity date and the interest can be paid along with the principal amount either monthly, quarterly, or annually depending on the fixed tenure specified.
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