Corporate Fixed Deposits | Understanding Corporate Fixed Deposits

Understanding Corporate Fixed Deposits
What is the difference between a non-cumulative deposit and a cumulative deposit?
In a 'non-cumulative scheme' the interest is payable at a particular frequency (monthly, quarterly, half-yearly or yearly). This scheme is convenient for pensioners who require a periodical interest payment. In the ‘cumulative deposit scheme', the ...
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 ...

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