Fixed Deposit:

A fixed-income is a debt security for a specific period, usually issued by banks. A Fixed Deposit is like loaning the bank your money. In return, they pay you interest. FDs are the most popular investment vehicle for retail investors in India because investors find banks very convenient to deal with.

These deposits are perceived to be highly safe and sufficiently liquid. FDs can help you secure your hard earned money for a long duration while giving you higher risk-free returns on your money than a regular savings account.

Indian banks offer a wide variety of fixed deposit schemes to suit almost every need.

• • What is a fixed deposit?

A fixed deposit is an account that allows you to deposit your money for a fixed period of time, earning you interest at a fixed rate. It gives you a higher rate of interest than a savings bank account ..

• • Who is eligible to apply for a fixed deposit account?

Any individual or institution is eligible to apply for the account. 

• • How do I apply for an FD account?

You can get a bank FD at any bank. You have to open an FD account with the bank to make the deposit. 

• • Do I have to pay tax deducted at source (TDS) for FDs?

Tax is deducted at source on the interest accrued on FDs as applicable, as per the Income Tax Act, 1961. 

Company Fixed Deposit is the amount deposited by investors for a fixed period of time with a company which offers a fixed rate of return. These deposits are accepted by manufacturing companies, financial institutions and non-banking finance companies, and are governed by Companies Act 58A. Here’s a list of all the products:

	INTEREST ( % )
COMPANY	RATING	1 YEAR	2 YEAR	3 YEAR	4 YEAR	5 YEAR	ADDITIONAL SR.CT	Min.Amount	DOWNLOAD
Bajaj Finance Ltd	FAAA By CRISIL, MAAA By ICRA	7.60	7.90	8.10	8.10	8.10	0.25 (upto 5cr)	10000	Download
Bajaj Finance Ltd HUF Deposit	FAAA By CRISIL, MAAA By ICRA	7.60	7.90	8.10	8.10	8.10	0.25		Download
Bajaj Finance Ltd NRI Fixed Deposit	FAAA By CRISIL, MAAA By ICRA	7.60	7.90	8.10	8.10	8.10	0.25 (upto 5cr)	10000	Download
Bajaj Finance Ltd Renewal Deposit	FAAA By CRISIL, MAAA By ICRA	7.70	8.00	8.20	8.20	8.20	0.25 (upto 5cr)	10000	Download
HDFC Ltd Individual Deposit.	CRISIL FAAA/Stable	7.35	7.35	7.35	7.35	7.35	0.25	20000	Download
HDFC Ltd Institution and Trust Deposit.	CRISIL FAAA/Stable	7.35	7.35	7.35	7.35	7.35		20000	Download
LIC Housing Finance Ltd Corporate Deposit Scheme.	CRISIL- FAAA	7.50	7.50 (18 M ) 7.55	7.60	–	7.60		10000	Download
LIC Housing Finance Ltd.	CRISIL- FAAA	7.50	7.50(18 M) 7.55(24M)	7.60	–	7.60	0.25	10000	Download
Mahindra and Mahindra Financial Services Ltd	CRISIL-FAAA	7.30	7.60 (18 M) 7.40	7.80	8.00	8.10	0.25	10000	Download
PNB Housing Finance	FAAA/Stable by CRISIL	7.75	7.75	7.95	7.80	7.80	0.25	20000	Download
PNB Housing Finance Corporate Deposit Scheme	FAAA / STABLE BY CRISIL	7.75	7.75	7.95	7.80	7.80		20000	Download
Shriram City Union Finance Ltd	CRISIL-FAAA+ & ICRA-MAA+	8.00	8.25	8.75	8.85	9.00	0.25	5000	Download
Shriram Transport Finance UNNATI Scheme	CRISIL-FAAA & ICRA-MAA+	7.80	8.00	8.60	8.70	8.75	.25	10000	Download

Interest rates are subject to revision by the above said companies, without any prior notice.