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Earn higher returns than bank FDs with better growth potential

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 options offered online by various financial companies and 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 the principal. Hence, 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

HDFC Deposits Individual - Regular

7.60% 36 Months Download FormView Rates

PNB Deposits Individual- Regular

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
  • Some companies offer higher interest rates to its employees
  • Few companies could extend high interest rates for their employees’ family members

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What is a 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 a 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 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. The company fixed deposits offer Higher Fixed returns then bank fixed deposits. It also carries the rating of AAA+ and follows the guidelines issued by NBFC.

Who can apply for a 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 deposit.

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 the company issuing the FD. All deposit applications are available on their website. Deposit forms could be downloaded from the 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 CFDs are available for investing?

At ACMIIL, We deal with all AAA-rated Company Fixed Deposits, which follow the NBFC guidelines.

What are interest rates on various CFDs?

The interest rate differs from company to company so does the tenure. The detail of each company’s interest rate is available under the website. We request you to visit the same.

What are the different types of fixed deposits?

There are two types of fixed deposits offered – 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/semi-annually/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 identifying (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, post-paid 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/she 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 (Anyone – 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?

Minimum tenor – 12 months
Maximum 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 the CFD holder's demise?

The nominee needs to fill in a form and request encashment of 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 the succession certificate/letter of administration/probate of the will, etc. to the satisfaction of the company.

How to change existing fixed deposit account tenure?

Please be informed that the 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 the 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/her interest income will be arrived at after consolidating all his fixed deposits. TDS will be calculated by respective FD issuing 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/she 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?

Customers can provide maturity instruction to ACMIIL while placing the original fixed deposit to renew it on maturity. Moreover, ACMIIL will send renewal reminders to you on your registered email ID. You will need to walk into 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 the 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 the 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 the case of electronic account transfer bounce, the amount will be sent across to the depositor through cheque.

How can I change my bank details?

For requesting a change of bank account for an individual FD account, the customer would need to submit a self-attested written application. He/she also needs to submit a valid ID proof copy along with a cancelled cheque with his/her 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 the marriage certificate along with a self-attested written application for change of name.
Joint FD account- For requesting a 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 principal 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 is 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 issuing company does not accept cash payment for creating a fixed deposit account. Moreover, the 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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Fees and other financial terms and conditions for investing in stock baskets:

  • The client agrees to pay the fees calculated in the manner and on the rates as provided in the Schedule I.
  • The Basket profits or returns would include any dividends, benefits received out of corporate actions.
  • All the costs, fees, charges as per schedule I and expenses of whatsoever nature incurred by us in connection with the acquisition, holding, sale and transfer, in respect of the dematerialized state charges of the Depository Participant, in respect of Securities shall be paid by the Client.
  • A new separate DP account is required for all investors for the basket investments.
  • For new and existing clients, the Demat account will be used only for equity basket and Investor is free to open separate Demat account for self managed investment.
  • During the course of investment, we will invest as close as possible to the basket amount. Some small surplus to be left due to rounding off that amount will be managed /invest/return to the investor as suitable.
  • The stocks in the basket will be as per the discretion of the ACMIIL. These stocks would be reviewed from time to time and the rebalancing, (if any), of the stocks in the basket would be at the discretion of ACMIIL.
  • You are free to exit basket wise or exit from all basket at any point of time. You are not allowed to selectively exit from any stock or add any stock to the basket.
  • In case of a bank mandate, we will need 20% more mandate of the basket amount as the stock price will fluctuate time to time. The amount taken from bank would be actual value of Basket.
  • The Client agrees that in the event of a dispute, the Claims, if any, by the Client cannot exceed the fees paid by the Client for the year for advisory services in Rupee terms.
  • The client agrees that in case of any dispute, the claim and/or disputes will be referred to arbitration as per the Rules, Bye-laws and Regulations of the Stock Exchange where the trade is executed and the circulars/notices issued there under as may be in force from time to time.
  • As a SEBI registered stock broker, we are permitted to act as an adviser. This product is part of our advisory activity.
  • As a SEBI registered stock broker, we are permitted to act as an adviser. This product is part of our advisory activity.

Schedule I

Fees Structure
Nature of FeesFees
Basket FeesINR 300 per basket + GST (Charged upfront)
Advisory Fees (Second year onwards)2% p.a+ GST (Charged upfront on Basket Value)
Approx Transaction Charges0.13%
Note: In Basket fees and Management Fees, GST will be recovered at the applicable rate.
Transaction charges includes Brokerage, STT, Stock Exchange charges, Stamp duty, SEBI Charges & GST

Fees Structure Example:

Suppose Client A has bought 1 basket for 36 months so he will pay INR 300 per basket as Basket fees for 36 months and from 13th month onwards he will pay Advisory fees for 1st basket as one year ends for the basket. So, after completion of one year the client A has to pay the Basket fees (13th month fresh basket) as well advisory fees (1st basket upfront Advisory fees for second year).

Transaction Charges Includes
STT (Central Govt)0.1% on Transaction Value
Transaction Charges (Stock Exchange)0.0034% on Transaction Value
Stamp Duty & SEBI Charges0.011% on Transaction Value
GST18% on Transaction Charges.
  • I have understood that Investment in securities market is subject to market risk, read all the related documents carefully before investing. Past performance is not indicative of future performance and future results. The recommendations made by ACMIIL could be those that are based on its own research or on the advice of a SEBI registered Investment Adviser.
  • I have understood the equity basket fees terms and other financial conditions and the clarifications required by me. I understand that the investment in Equity basket is subject to risk associated with equity investments. I have understood the investment process and other aspects of the product.
  • I hereby agree to participate.

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