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Earn More than Bank Fixed Deposits with High Return Corporate Fixed Deposits

The deposits that are placed by investors with companies for a fixed term and carry a prescribed rate of interest are classified as Term Deposits and are called Corporate Fixed Deposits or Company Fixed Deposits. Corporate FD rates offered by financial institutions or non-banking financial companies (NBFCs) are higher as compared to the interest rates offered by Bank Fixed Deposits or high interest Savings Accounts.

At, you can choose from a wide range of Corporate FD offered online by various financial companies & NBFCs that have different tenures and rates of interest to best meet your investment needs. All company fixed deposit schemes available on our platform have been chosen from high safety options to make sure that you enjoy returns and capital safety. Our aim is to provide stability to your portfolio in a highly dynamic and volatile market. As Corporate Fixed Deposits are not secured it is important to look at the rating assigned by credit rating agencies with respect to the company’s ability to pay interest and repay principal. Hence, in order to contain this risk, it’s always advisable for investors to look for ‘AA’ or ‘AAA’ credit rating before investing.


Benefit from a host of features offered by Corporate Fixed Deposits Scheme (CFDs) on, that enables faster money growth.


Compare term deposit rates from companies with the best credit rating in the market at



8.65% 36 Months Download FormView Rates


8.75% 36 Months Download FormView Rates


8.80% 36 Months Download FormView Rates


8.19% 33 Months Download FormView Rates


8.08% 30 Months Download FormView Rates


7.60% 36 Months Download FormView Rates


8.35% 36 Months Download FormView Rates


9.13% 36 Months Download FormView Rates
*Rates displayed are for cumulative schemes. Click to view rates for all available schemes


  • Duration of the term deposit determines the interest rate
  • Many companies offer cumulative and non-cumulative interest rates
  • Certain companies offer higher interest rates to senior citizens
  • Certain companies offer higher interest rates to its employees
  • Certain companies could extend high interest rates for their employees’ family members

Get all your queries answered.

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Corporate Fixed Deposit FAQ

What is corporate fixed deposit?

A fixed deposit or FD is a specific financial instrument that is offered by banks and NBFCs in India. These offer higher interest rates than regular savings accounts to investors until the prefixed maturity date. Fixed deposits are considered one of the safest investment avenues in India and are term deposits that yield high interest.

Why  should I choose corporate fixed deposit?

A Fixed Deposit encourages a healthy habit of saving and guarantees fixed returns without any anticipated risks. A fixed deposit allows you to put your idle savings to good use and grow your wealth. You can also be rest assured about your investment since most of FD in our basket is the fastest growing NBFCs from India’s most reliable and valued business houses. Company fixed deposits offer Higher Fixed returns then Bank fixed deposit. It also carry the Rating of AAA+ and followed the guidelines issued by NBFC.

Who can apply for Corporate Fixed deposit?

Any Indian individual or family trust, club, association, society, HUF, sole proprietorship, partnership firm, company or group of companies can make a fixed deposits.

How to open a Corporate fixed deposit account?

A prospective depositor has to fill prescribed “Deposit Application Form” along with all KYC documents and an accounts payee cheque/ Demand Draft/ NEFT/ RTGS in favour of FD Company. All Deposit applications are available at website. Deposit forms could be downloaded from company’s website.

Can CFD be opened in name of a Child?

Yes. You can make a deposit in the name of minor provided such minor is represented by his natural or legal guardian and the Application Form for the deposit is signed by the natural/legal guardian, on behalf of the minor. All communication in relation to the deposit shall be addressed to the guardian.

Which CFD’s are available for investing?

At ACMIIL, We deal with all AAA rated company fixed deposit which followed under NBFC guidelines

What are interest rates on various CFD’s?

The interest rate differ from Company to company and tenure. The detail of each company interest rate is available under website. We request you to visit the same.

What are The Different Types of Fixed Deposits?

There are two types of Fixed Deposits offered, i.e. cumulative and non-cumulative. In a cumulative fixed deposit scheme, the interest earned on the principal is compounded annually and is payable at the time of maturity of the fixed deposit along with the principal amount. This fixed deposit is ideal for investors willing to grow their wealth without having to depend on interest payouts at periodic intervals. The final payout of the principal plus the interest amount will be subject to tax deductions wherever applicable.
In a non-cumulative fixed deposit scheme, the interest earned on the principal amount is payable on monthly/quarterly/semiannually/yearly depending on the convenience and wishes of the investor. This scheme works for investors who need interest payments on a periodic basis.
Here’s how the interest amount will change when you choose a Cumulative vs. a Non-Cumulative FD:

What are the documents required to open corporate fixed deposit?

a) Latest photograph
b) Certified copy of the proof of identify (Passport,PAN (Mandatory),Voters ID,Driving License,Aadhar Card )
c) Certified copy of the proof of address. –( Passport , Aadhar Card, Utility bill) which is not more than two months old from any of the following service provider – electricity, telephone, postpaid mobile phone, piped gas, water bill
d) Certified copy of the proof of signature
In case the depositor has already submitted the above documents in his earlier deposit, then he need not submit the above documents again, but has to provide the reference of his customer number or deposit number.
List of Individual Document:-Id Proof (Any one – Self attested):,Passport,PAN (Mandatory),Voters ID,Driving License,
Aadhar Card, Address Proof (Any one – Self attested):

What is the min/max tenor I can choose?

Min tenor – 12 months
Max tenor – 60 months

Is there any charge/processing fee levied for opening a Fixed Deposit account?

There are no charges levied to open your Fixed Deposit account.

What happens in the case of CFD holders demise?

Nominee needs to fill in a form and request to encash the FD at the branch. In case of joint account holders, change in the names of deposit holders on deposit receipt and / or bank account to which interest and /or principal shall be credited shall be effected only on the production of a copy of the Death Certificate, certified to be true by notary public, without reference to the heirs and/or legal representatives of the deceased and instruction to the Company in this behalf by all the surviving deposit holder(s) jointly in writing. In any other case, it will be necessary for the legal representative of the deceased depositor to produce Succession Certificate/Letter of Administration/Probate of the Will etc. to the satisfaction of the Company.

How to change existing fixed deposit account tenure?

We regret to inform you that tenure selected for the fixed deposit account cannot be changed once the account is opened. In this case we suggest that you can close your existing fixed deposit account and open a new account with a desired tenure.

What about interest earned on the CFDs?

under Section 194A of the Income Tax Act, 1961, in case of interest earned from investments in fixed deposits floated by NBFCs, exceeds Rs. 5,000, interest income is taxable. At a PAN Card level for the depositor, his interest income will be arrived at after consolidating all his Fixed Deposits. TDS will be calculated by respective FD Company and paid into the government account as per the interest payment frequency. The TDS certificate will be provided to the depositor every quarter. In case the depositor provides 15G/15H during the application stage, he will be exempted from paying tax on his interest income.

What are the Tax liabilities in CFDs?

If the aggregate interest income a customer is likely to earn for all deposits is greater than Rs.5,000/- in a financial year, depositor becomes liable for TDS. A customer can submit Form 15G (For Individuals and HUF) /15H (For Senior Citizen who is of the age of 60 years or more) or a certificate for lower/nil deduction of TDS issued by Income Tax Authorities u/s 197 of the Income Tax Act, 1961.
In case of NRIs, any amount of interest paid/credited during the financial year shall attract TDS.

Is there any charge/processing fee levied for opening a Fixed Deposit account?

There are no charges levied to open your Fixed Deposit account.

What is the process for FD renewal?

Customer can provide maturity instruction to ACMIIL while placing the original Fixed Deposit to renew it on maturity. Even, ACMIIL will send renewal reminders to you on your registered mail id. You will need to walk in to the nearest ACMIIL branch and mention the desire to renew your deposit by filling up the application/renewal form at least 7 days prior to the maturity date. Post 7 days prior to the maturity date, no request will be taken to renew the deposit account. You may renew only principal or principal along with interest.

How will the maturity amount be transferred?

The maturity amount will be transferred to the bank account mentioned by the depositor in the application form through National Electronic Fund Transfer/Real Time Gross Settlement modes only. The entire amount shall be transferred on the date of maturity of the deposit. In case of electronic account transfer bounce, the amount will be sent across to the depositor through cheque.

How can I change my bank details?

Individual FD account- requesting for a change in his bank account Customer would need to submit a written application for the same, self attested. He also needs to submit a valid ID proof copy among with a cancelled cheque with his name printed (if not printed, then bank statement of the same account needed)
Individual FD account – For any name change due to marriage, the lady applicant needs to provide a copy of marriage certificate along with a self attested written application for change of name.
Joint FD account- requesting for change in Bank details: Customer needs to submit a written application duly signed by all holders of the FD account, along with a cancelled cheque of the new bank account with his name printed (if not printed, then bank statement of the same account needed)

Can I withdraw this FD before the tenor expiry? If yes, what is the impact on interest?

The lock in period for any FD is 3 months, before which the FD cannot be withdrawn. For premature withdrawal there are penalty slabs:
0 -3 mths – FD cannot be withdrawn
3 -6 mths – No interest is payable on the deposit. Only the principle is payable
>6 mths – interest payable is 2% lower than the interest rate applicable for the period for which the deposit has run for. In case of no interest specified for the period run, interest payable will be 3% lower than the lowest rate at which deposits.

Can I open a deposit account by cash payment?

FD Company does not accept cash payment for creating a Fixed Deposit account. Also, deposit account cannot be created through borrowed funds.

Will any special rates be applicable for specific category of applicants?

Yes, below are the special category rates applicable:
Senior Citizens (more than 60 years of age, subject to provision of proof of age) – Additional rate of 0.25% p.a.

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