We have seen the basics about Bank Fixed Deposits (FDs) earlier. Corporate Fixed Deposits give a higher return than the Bank FDs but are also unsecured. You need to see the credit rating of the company before investing for higher returns.

Let's start with the benefits of Investing in Corporate Fixed Deposit. The benefits are:

• Fixed Return on investment
• Relatively Safe return on Investment
• 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.

List of Fixed Deposit available: