Various payment initiatives including SGQR, FAST and PayNow Sandbox relaxes regulatory requirements to enable live experiments of innovation Get funding on proof-of-concepts, hiring, business development and more Let’s look at the table below to compare the company FD rates offered by Bajaj Finserv with the Bank FD rates offered by SBI.Latest information on MAS’ FinTech strategy, initiatives and funding schemes A company with a high credit rating is likely to guarantee assured returns on your investment regardless of market fluctuations.Ĭompared to Bank FD rates, corporate FD rates are higher. These are considered some of the highest safety ratings offered in the industry in terms of timely payment of principal and interest. Most companies offering corporate deposits are certified with CRISIL’s FAAA/Stable rating and ICRA’s MAAA/Stable rating. If you are looking to build a decent corpus, you can invest for five years.Īs we learned earlier, the best company FDs enjoy higher ratings from notable credit rating agencies. So, if you are saving for a short-term goal, you can invest for one year.

Similar to Bank FDs, Corporate FDs also offer the flexibility of tenure ranging from 12 to 60 months for which you can remain invested. Now, let us look at the main advantages of investing in the best corporate FDs: Benefits of the Company/Corporate Fixed Deposits You can gauge the stability of a corporate fixed deposit with its rating and even compare similar products to finalize your investment option.Ħ. The higher the rating, the safer the investment. Popular credit rating agencies such as ICRA and CRISIL have a 14-point rating system to determine the assumed risk levels of a company’s fixed deposit. Look for companies with timely repayment of fixed deposits and regular interest payments. Or, the depositors have not received their payments on time. With the lure of high-interest rates, there have been many cases in the past where companies have defaulted on their payments. Recently, the FD market has become more competitive than ever before. The internet has made it easier for investors to surf through the financial institutions’ websites and compare their options before zeroing in on the final company. A credible company with a good track record of happy customers and a long history of profitability is a safe bet. It is a smart choice to look into the history of the company you want to start an FD with. Here are some key factors that can help you choose the best corporate fixed deposit: If you are planning to opt for company fixed deposits, it is easy to choose the one that offers the highest interest rate.

Ocbc corporate fixed deposit