Best Corporate Fixed Deposits To Invest

Traditionally for many women, saving & investing often starts with fixed deposits (FDs), known for their safety, stability, and fixed returns. However, now women are looking for newer options where they can get better returns, and one of them is corporate fixed deposits as they offer higher interest as compared to bank FDs but they get various questions like which is the best company for fixed deposit or best corporate FD in India, so let’s answer this through this blog.

What are Corporate FDs?

A corporate fixed deposit (company fd) is a fixed-term investment given by non-banking financial organizations (NBFCs) that pays a fixed interest rate, usually greater than traditional bank deposits, in exchange for depositing a lump sum payment for a specified period. 

Best Corporate FD to Invest?

Lxme is offering Corporate FDs through the Golden Pi platform. Lxme researches and consolidates regulated, reliable partners to curate the best-suited products for women which offers inflation-beating returns.

Following are two Corporate FDs available on the Lxme app:

1. Bajaj Finance Ltd

• Investment Amount: ₹15,000 or more
• Interest Rate: Up to 8.60% p.a.*
• Tenure: 1-5 years
• Lock-in Period: 3 months

– Product Comparison:

• Bank FD: 6.70%
• Lxme: 8.60%*
• Savings Account: 2.75%

– Why this product?

• Earn interest up to 8.60% p.a.*
• CRISIL AAA-rated Corporate FD
• Offers higher interest rates compared to typical bank FDs
• Special rates for senior citizens and women investors

2. Shriram Finance Limited

• Investment Amount: As low as ₹5,000
• Interest Rate: Up to 9.20%* p.a.
• Tenure: 1-5 years
• Lock-in Period: 3 months

– Product Comparison:

• Bank FD: 6.70%
• Lxme: 9.20%*
• Savings Account: 2.75%

– Why this product?

• Earn interest up to 9.20%* p.a.
• ICRA AA+ rated Corporate FD
• Offers higher interest rates compared to typical bank FDs
• Special rates for senior citizens and women investors

*Note: The interest rate varies based on the tenure and interest payout selected by the investor.

Check out the expert-curated corporate FDs offered by Lxme- investment for women 

Now is the time to upgrade your Fixed Deposits & returns. Corporate fixed deposits offer higher interest rates, making them a smart choice for women looking to enhance their savings and financial stability.

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