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    We found 112 Corporate FD vs Bank FD

    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹25L
    1 Year to 5 Years
    7.49% - 8.19% Monthly compounding
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    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.5% Monthly compounding
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    Up to ₹1Cr
    7 Days to 20 Years
    5% - 8% Quarterly compounding
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    Up to ₹1Cr
    7 Days to 10 Years
    4% - 7.25% Quarterly compounding
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    Up to ₹1Cr
    7 Days to 10 Years
    4.25% - 7.05% Monthly compounding
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    Up to ₹1Cr
    15 Days to 20 Years
    4.25% - 7.15% Monthly compounding
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    Up to ₹1Cr
    7 Days to 10 Years
    4% - 7% Monthly compounding
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    NRI - FD
    Up to ₹1Cr
    1 Year to 5 Years
    6.5% - 6.8% Monthly compounding
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    NRI - FD
    Up to ₹1Cr
    1 Year to 10 Years
    6% - 6.65% Monthly compounding
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    NRI - FD
    Up to ₹1Cr
    1 Year onwards
    6.25% - 6.5% Monthly compounding
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    Up to ₹1Cr
    7 Days to 10 Years
    4% - 7.30% Quarterly compounding
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    NRI - FD
    Up to ₹1Cr
    1 Year to 5 Years
    6.80% Quarterly compounding
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    • Corporate FD vs Bank FD Reviews

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    • Central Bank of India Fixed Deposit
      "CBI is the best bank for Fixed Deposit"
      0.5 4.5/5 "Excellent!"
      HI! This is Santosh, I had been using from last 8 years with best service without any issue. This Bank Fixed Deposit rate of interest is higher then other banks. The Banking and services are good, There is no Fixed deposit breaking charges. I will recommend this Bank for the Best FD services.
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      , hyderabad
      Reviewed on Jul 18, 2017
    • HDFC Bank Fixed Deposit
      "Go ahead with your choice"
      0.5 4.0/5 "Great!"
      I have the fixed deposit account with the HDFC bank and I been with them from the last three to four years of time. The rate of interest was reduced as of now but I have got it as fixed. Customer service and other things are really okay and I have not interacted with them.
      Was this review helpful? 1

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      , chennai
      Reviewed on Jul 06, 2017
    • SBI Fixed Deposit
      "Wonderful "
      0.5 4.0/5 "Great!"
      I had the fixed deposit account with the State bank of India and the interest rate was around 6% to 7% before three years of time. Response and other aspects are good enough. Customer service was also good one and their online banking services are up to the mark.
      Was this review helpful? 6

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      , visakhapatnam
      Reviewed on Jul 03, 2017
    • ICICI Bank Fixed Deposit
      "Its Good"
      0.5 4.0/5 "Great!"
      In terms of interest rate, ICICI IS providing lower benefits for Fixed deposit account. For premature they not calculating the proper interest rate. It would be better to give clear information about interest rate calculation within the period of transaction.
      Was this review helpful? 4

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      , chennai
      Reviewed on Jun 30, 2017
    • SBI Fixed Deposit
      "Its Average"
      0.5 2.0/5 "Expected more"
      I am having recurring deposit with SBI, I opened the RD by visiting SBI branch. On the same day RD account got activated. But I felt interest rate is low they offering only 7.1% of interest, I have invested the amount of Rs. 1 lakh for the tenure of 15 month, after maturity of the RD. I would be getting the return around 1.08 lakh.
      Was this review helpful? 3

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      , ahmedabad
      Reviewed on Jun 30, 2017
    • ICICI Bank Fixed Deposit
      "Good for tax saving "
      0.5 5.0/5 "Blown Away!"
      I have opened the fixed deposit through ICICI I mobile application, I have invested the amount of Rs.5000 for the tenure of five years. After the tenure I would be getting Rs.20,000 as a return. I could track the fixed deposit details over the netbanking.
      Was this review helpful? 5

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      , bangalore
      Reviewed on Jun 29, 2017
    • HDFC Bank Fixed Deposit
      "Best"
      0.5 4.0/5 "Great!"
      I do have fixed deposit account with the HDFC bank and the interest rate is common one with every bank like it used to get varied up to 0.5% . Penalty charges are nil with them for the premature withdraw, which is the really good one.
      Was this review helpful? 5

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      , chennai
      Reviewed on Jun 22, 2017
    • SBI Fixed Deposit
      "Good Service"
      0.5 4.0/5 "Great!"
      When I have started to deposit the money I was getting good interest rate but know the rate of interest is decreased with SBI Fixed deposit. I have started the fixed deposit around 6 years ago with SBI. Initially I got around 9.5% as interest rate but now I am getting only 7.5% interest rate. The service with State is good.
      Was this review helpful? 6

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      , bangalore
      Reviewed on Jun 22, 2017
    • Canara Bank Fixed Deposit
      "Good"
      0.5 2.5/5 "Just OK"
      I am having the fixed deposit account with the Canara bank and the rate of interest is around 8.5%, which was very lesser one on that time. Total tenure is around three years of time, also the penalty charges are not really huge. Customer service is not really up to the mark.
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      , hyderabad
      Reviewed on Jun 20, 2017
    • IDBI Fixed Deposit
      "Good experience"
      0.5 5.0/5 "Blown Away!"
      I would suggest IDBI bank is the best one to get the fixed because of the good rate of interest . Customer service is good one and am with them from the last three years of time. Penalty charges are lesser one with the m for the premature withdraw.
      Was this review helpful? 1

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      , bangalore
      Reviewed on Jun 19, 2017
    • ICICI Bank Fixed Deposit
      "Good Indian bank"
      0.5 4.0/5 "Great!"
      I do have fixed deposit account with the ICICI bank and the interest rate is around 6.5% per annum , also the maturity period is also one year of time. Customer service is also a good one with the ICICI bank, also the response too. Online banking services are also working in good way and am very familiar with them till now.
      Was this review helpful? 3

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      , bangalore
      Reviewed on Jun 16, 2017
    • Axis Bank Fixed Deposit
      "Its good investment"
      0.5 4.5/5 "Excellent!"
      I have invested one lakh in fixed deposit with AXIS bank. Its going to matured in this august, Then I would be getting around Rs.1.12,000. I have opened this FD through online and I will be getting the amount same to my account. AXIS gave me premature withdrawal, I can close whenever I want.
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      , mumbai
      Reviewed on Jun 13, 2017
    • Canara Bank Fixed Deposit
      "For common man"
      0.5 5.0/5 "Blown Away!"
      I do have the fixed deposit account with the Canara bank and am using it from the last ten years of time. Customer service aspects are good one with them and the online banking services are not really working in a good according the new generation bankers. The interest rate is around 7.25% as of now.
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      , bangalore
      Reviewed on Jun 12, 2017
    • YES Bank Fixed Deposit
      "Wonderful "
      0.5 5.0/5 "Blown Away!"
      I have the fixed deposit account with the Yes bank and the interest rate is around 6.5% above and the customer service is not yet experienced because everything used to dealt with through online experience. I have not faced any server down issues with the Yes bank.
      Was this review helpful? 3

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      , ghaziabad
      Reviewed on Jun 12, 2017
    • HDFC Bank Fixed Deposit
      "Excellent "
      0.5 5.0/5 "Blown Away!"
      I am having the fixed deposit account with the HDFC bank and the services are always an excellent one. I have opened the account on immediate basis like everything used to get happened in instant way. Rate of interest is around 6.5% and the response is an excellent one.
      Was this review helpful? 1

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      , mumbai
      Reviewed on Jun 09, 2017
    • Vijaya Bank Fixed Deposit
      "Excellent "
      0.5 5.0/5 "Blown Away!"
      I am having the fixed deposit account with the Vijaya bank and the interest rate is around 6.5% and the customer service is good one , also they are nearby my locality and also the access is really friendly. Online services are good one with the Vijaya bank.
      Was this review helpful? 1

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      , mumbai
      Reviewed on Jun 09, 2017
    • Central Bank of India Fixed Deposit
      "Fund transfer"
      0.5 0.5/5 "Unacceptable"
      The worst banking system I have ever seen. if i want to transfer amt to other bank through IFSC they can't detect the bank or automatically logged out .if I want current statement they can't.net banking automatically logged out.if i go for pass book entry server down problem. if I go to ATM only 2k available etc...
      Was this review helpful? 4

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      , kolkata
      Reviewed on Jun 01, 2017
    • SBI Fixed Deposit
      "Very good in services"
      0.5 5.0/5 "Blown Away!"
      When I wanted to open a fixed deposit account at State Bank of India. I did not have to visit the bank. I opened the account online and though the rate of interest is not that appealing. I am happy with the overall experience and process and the convenient banking process.
      Was this review helpful? 11

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      , guwahati
      Reviewed on May 31, 2017
    • SBI Fixed Deposit
      "Convenient to Hold"
      0.5 4.0/5 "Great!"
      It has been two years when I opened fixed deposit with State bank of India. The period is for five years. Since I completed two years, three years to go. Interest rate is of 11%. Actually SBI is located near to my house so I feel more comfortable in visiting the bank at any instance. All the staffs are very friendly and very cooperative.
      Was this review helpful? 6

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      , visakhapatnam
      Reviewed on May 25, 2017
    • SBI Fixed Deposit
      "Secured investment"
      0.5 5.0/5 "Blown Away!"
      Compared to other banks SBI offering good interest rate on fixed deposit, they offered me 7.95% of interest. I have the amount of Rs. 2.4 lakhs for the tenure of three years. After the maturity period I got the amount around 2.9 lakhs. I am very much fine with that.
      Was this review helpful? 4

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      , hyderabad
      Reviewed on May 24, 2017
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    Corporate FD vs Bank FD is Rated as "Excellent!" by 1757 Users

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    Fixed deposits

    Fixed deposits acts as a saving instrument. Fixed deposits earn the investor a higher rate of interest than a regular savings account. It is a term deposit where in the investor invests a lump sum amount at once and earns interest at regular intervals until the maturity date.

    It is a single time investment, the investor doesn’t have to make deposits every month. The money from the fixed deposit account cannot be withdrawn before the maturity date without consequences. In case of premature withdrawals, the interest is paid at the rate applicable at the time of the withdrawal.

    Fixed deposits are usually offered by banks and NBFCs.But what most people are unaware of is that fixed deposits are offered by companies too. Though the fixed deposits offered companies are very different from the fixed deposits offered by the bank. Let’s read on further to know more about Corporate fixed deposits and Bank fixed deposits.

    Bank fixed deposits

    Fixed deposits were offered by the bank first before other financial institutions and corporate companies. Most of the banks don’t insist on the customer being a savings account holder in the bank though being a savings account holder in the bank will entitle you to many perks. The customer can open a fixed deposit account with the bank either online or at one of the bank branches.

    To apply for a fixed deposit in a bank, the customer has to submit a few documents along with the application form. The rate of interest offered by the bank on the fixed deposits varies from each bank. It also depends on the amount deposited by the investor and the term for which it is invested.

    The fixed deposit account offered by the bank usually required the investor to deposit a minimum amount of money into the account. The rate of interest offered for bank fixed deposits is usually average and the longer the term the higher the interest offered.

    The bank fixed deposits are better suited for risk averse investors as there is not much risk involved in this investment.

    Corporate fixed deposits

    Corporate fixed deposits are fixed deposits offered by corporate companies. The corporate fixed deposits work like the regular bank fixed deposits albeit a few changes. Corporate fixed deposits offer a higher rate of interest when compared to bank fixed deposits as the risk involved is higher when it comes to corporate fixed deposits.

    Applying for a corporate fixed deposit is no different from applying for a bank fixed deposit. The only difference here being that one should avail the application form either from the company’s official website or at the company itself.

    The risk with company fixed deposits is much higher though. There is the default risk where the company might not be able to return the maturity amount to the customer at maturity.This usually happens when the company has gone bankrupt or has been hit by the recession. The tenure period of a corporate fixed deposit usually ranges between 1-3 years.

    Know widely about Corporate or Company Fixed Deposit: Corporate/Company Fixed Deposits

    Corporate fixed deposit vs Bank fixed deposit

      Bank fixed deposit Corporate fixed deposit
    Offered by Bank Corporate company
    Rate of interest Average High
    Tenure period Ranges from months to years 6 months to 3 years
    Risk involved Low High
    Medium of investment Certificate of deposit Certificate of deposit

    Top Bank fixed deposits in India

    Listed below are the top bank fixed deposits in India.

    • Allahabad bank
    • Union bank
    • Karnataka bank
    • Karur Vysya bank
    • Indian bank

    Top Corporate fixed deposits in India

    Listed below are the top corporate fixed deposits in India.

    • Ansal housing and construction
    • Ind Swift Ltd
    • Surya Roshni Ltd
    • Jindal stainless Ltd
    • Shri Ram

    This 2015 Invest in the Best Corporate FD: Best corporate Fixed Deposit Schemes for 2015

    Frequently asked questions

    1. Is the rate of interest offered for bank fixed deposits and corporate fixed deposits the same?

      2. No. The rate of interest offered on corporate fixed deposits is much higher.

    2. Which is riskier?

      3. Corporate fixed deposits are riskier when compared to bank fixed deposits.

    3. Do all corporate companies offer fixed deposits?

      4. No, not every corporate company offers fixed deposits.

    4. Can one avail loans against bank fixed deposits?

      5. Yes, one can avail loans against bank fixed deposits with no hassles.

    5. Are corporate fixed deposits safe?

      6. Given that the investor chooses the right company to invest in, it is safe.

    6. Is TDS deducted on the interest from Corporate fixed deposits?

      7. TDS is deducted on the interest if the interest on the deposit exceeds Rs.5,000 in a year.

    7. Can NRIs invest in corporate fixed deposits?

      8. Some corporate companies allow NRIs to invest in fixed deposits.

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