FIXED DEPOSITS

Fixed Deposits or FD is an investment whichi gives you more rate of returns, which is fixed till the maturity period we have selected. It gives us high rate of interest as compared to other saving account.

Few more benefits of having Fixed Deposits are mentioned below

1. Fixed Amount Of Returns : Fixed Deposits gives us an assurity of fix amount at the time of maturity and we can plan our comittments without fear of loss.

2. Flexible Fixed Deposit Terms: Corporate FD's allow us to keep the deposit as per our required number of period. It help us to plan out comittment at the desired time.

3.Loan Facility : Fixed Deposit gives us an opportunity to avail 90% loan in case of emergency from the amount deposited and that too without affecting our maturity amount. Reasonable rate of interest are charged on the total loan take.

Our company deposits are with the company having Crisil "FAAA/ Stable" rating & ICRA has reaffirmed "MAAA(stable)".