Fixed Deposit

Investment is time, energy, or matter spent in the hope of future benefits actualized within a specified date or time frame. Investment has a different meaning in finance from that in economics. In finance, investment is buying or creating an asset with the expectation of capital appreciation, dividends (profit), interest earnings, rents, or some combination of these returns.

CORPORATE DEPOSIT

Benefits of investing in Company Fixed Deposits

High interest.

Short-term deposits.

Lock-in period is only 6 months.

No Income Tax is deducted at source if the interest income is up to Rs 5,000 in one financial year

Investment can be spread in more than one company, so that interest from one company does not exceed Rs. 5,000