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What are Corporate Fixed Deposits?

Fixed Deposit is the most popular investment choice in India. Like Banks, RBI permits selective corporates & NBFCs to accept deposits for a fixed interest rate and tenure. Such deposits are called Company or Corporate Fixed Deposit.

In these times of high market volatility and uncertain returns, Corporate FDs help you secure your future financially with fixed, predictable returns. Investors can choose to earn regular income with pay-out option or accumulate capital through cumulative option.

At ICICIDirect, we offer Investors access to ‘AAA’ rated corporates which denotes High Safety and Low Risk. Invest Now and make the most of your hard earned money!

6 reasons to invest in Corporate FDs

lock-in of 3 years

Get Fixed, Predictable Returns

Potential for higher returns

Ideal for Regular Income or Accumulating Capital

High Interest rates. 0.25% extra for Senior Citizens

Better post-tax returns

Invest with AAA rated corporates which offer High Safety & Low Risk

One Time Or SIP
One Time Or SIP

Flexible Investment Tenure and Interest Payment Frequency

One Time Or SIP

Independent of Market Volatility

Top Corporate Fixed Deposit Schemes

BAJAJ FINANCE

Rating CRISIL

AAA

Tenure

1-5 years

Interest 7.40% - 8.35%
Amt: Rs.15000 - 5 cr. Senior Citizen: Up to 0.25% extra
Invest Now Know more

MAHINDRA FINANCE

Rating CRISIL

FAAA

Tenure

1-5 years

Interest 7.60% - 8.05%
Amt: RS.5000 - 2 cr. Senior Citizen: 0.25% extra
Invest Now Know more

SHRIRAM FINANCE

Rating CRISIL

AA+

Tenure

1-5 years

Interest 7.80% - 8.60%
Amt: Rs.5000 - 1 cr. Senior Citizen: 0.50% extra Women Depositors: 0.10% extra
Invest Now Know more

ICICI HOUSING FINANCE

Rating CRISIL

FAAA

Tenure

1 - 10 Years

Interest 7.00% - 7.60%
Amt: Rs.10000 - 2 cr. Senior Citizen: 0.25% extra
Invest Now Know more

LIC HOUSING LIMITED

Rating CRISIL

FAAA

Tenure

1-5 years

Interest 7.25% - 7.75%
Amt: Rs.20000 - 2 cr. Senior Citizen: 0.25% extra
Invest Now Know more

PNB HOUSING FINANCE

Rating CRISIL

FAA

Tenure

1-10 years

Interest 7.00% - 7.85%
Amt: Rs.10000 - 5 cr. Senior Citizen: 0.30% extra
Invest Now Know more

Steps to Apply Online

  • Login Icon Login to your ICICIdirect.com account
  • Go to Mutual Funds Go to FD/Bonds
  • Select an ELSS Fund Under FD/Bonds, Click on Corporate FDs
  • investment details Select issuer and Click on ‘Go’
  • investment details Place Order in Few Clicks & your order is confirmed

Note: In case of TDS Exemption Required, please send Form 15 G /Form 15 H for each financial year. Interest rates shown above are for Individuals only.