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Nuvama Partners

Lock-in high interest rates with Corporate Fixed Deposit

Our Offerings

Slide 1 of 3
B
Bajaj Finserve Ltd
Rate of Interest
6.60% - 7.40%
(as of 30 July 2026)
Credit Rating
AAA/Stable-Crisil, ICRA
Tenure
1-5 years
Coupon Frequency
Annual / Half-Yearly / Quarterly / Monthly / Cumulative
Senior citizen
0.35% p.a. extra
Women
-
S
Shriram Finance Limited
Rate of Interest
6.85% - 7.50%
(as of 30 July 2026)
Credit Rating
AA+/Stable-ICRA, IND
Tenure
1-5 years
Coupon Frequency
Annual / Half-Yearly / Quarterly / Monthly / Cumulative
Senior citizen
0.50% p.a. extra
Women
0.05% p.a. extra
M
M&M Finance Services Ltd
Rate of Interest
6.60% - 7.45%
(as of 30 July 2026)
Credit Rating
AAA/Stable-Crisil, India Ratings(IND)
Tenure
1-5 years
Coupon Frequency
Annual / Half-Yearly / Quarterly / Monthly / Cumulative
Senior citizen
0.25% (<36 months), 0.35% (36 months & above)
Women
-

Benefits of investing in Corporate FDs

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Less volatilityLess volatilityFixed interest rates are not subject to market fluctuations
FlexibilityFlexibilityMultiple periodic interest payout options
TenureTenureShorter tenure of investment of not exceeding five years
Credit RatingCredit RatingRated by reputed credit rating agencies

Things / Factors to consider while investing

Credit Rating / Security
Credit Rating / SecurityUnderstand the issuer’s business and financial performance in detail
Tenure
TenureMaturity period should align with your investment objective
Interest Rate
Interest RateCompare the interest rates offered to those of the peers’
Past Performance
Past PerformanceAssess the issuer’s credit worthiness

Things to consider while exiting the instrument

TaxationAs per your slab rate
Redemption of investment proceeds

  • Credited to your account linked to the bank account after 10% TDS on interest amount

  • On the date of maturity

Premature withdrawalSome corporates allow premature withdrawal after 3-6 months
Need for renewalYes
Auto renewalNot available

Got Questions? We’ve got all your answers!

Corporate Fixed Deposit (Corporate FD) is a deposit held for a specified period at a fixed interest rate. A limited number of corporations and non-banking financial institutions issue corporate FDs. They are comparable to bank fixed deposits but pay a higher rate of interest. Corporate FD is the most convenient method for businesses to raise capital compared to all other alternatives. In addition, market fluctuations have no effect on the interest rates of a corporation's FD. Consequently, corporate FDs offer fixed and consistent returns over time.

The investment duration of corporate FDs ranges from 12 to 60 months, depending on the issuer.

Despite being rated by reputable rating agencies, India's Corporate FDs are not risk-free. A company’s financials can deteriorate due to market conditions or accounting fraud. This can result in interest payment delays or even defaults.

Interest income from corporate FD is taxable under the head income from other sources at the applicable tax bracket. If interest income exceeds Rs 5,000 in a fiscal year, TDS @10% will be deducted from the interest income.

Corporate FDs offer numerous options for interest pay-out like monthly, quarterly, half-yearly and annually. Besides, you may also choose between cumulative and non-cumulative interest pay-out.

Suitability: Whom is Corp fd suitable for?

  • Holder of Bank FD
  • Investors looking for Fixed returns with low risk
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