What is a Corporate Fixed Deposit? How it is different from a Bank Fixed Deposit?
Corporate Fixed Deposits are term deposits which are held over a fixed period at fixed rates of interest.
Corporate Fixed Deposits are offered by Financial and Non-Banking Financial Companies (NBFCs). The maturities of various corporate fixed deposits can range from a few months to a few years. Corporate fixed deposits are like bank fixed deposits in most aspects, the key difference being that the issuer is not a bank.