Company deposits are fixed-income investment options offered by companies to raise capital. These deposits come with a fixed interest rate and a set tenure, making them a reliable option for conservative investors seeking steady returns.
Key Features of Company Deposits:
- Fixed Interest: Guaranteed interest payouts over the term of the deposit.
- Safe Investment: Generally considered low-risk with steady returns.
- Flexible Terms: Various tenures to suit investor preferences.
- Tax Benefits: Some company deposits offer tax-saving features under Section 80C of the Income Tax Act.
- Reputable Companies: Investments with trusted and well-established companies.
Benefits of Company Deposits:
- Steady and predictable returns.
- Low risk, ideal for conservative investors.
- Flexible investment terms and options.
- Option for tax-saving under specified conditions.
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