Fixed Deposits

Benefits of investing in Company Fixed Deposits

  • High interest.
  • Short-term deposits.
  • Lock-in period is only 6 months.
  • No Income Tax is deducted at source if the interest income is up to Rs 5,000 in one financial year.
  • Investment can be spread in more than one company, so that interest from one company does not exceed Rs. 5,000.