Compare firm FD charges and scores

Corporate FDs are in style amongst traders who need fastened returns which can be barely larger than what financial institution FDs give, even at a barely larger danger. However, similar to FDs, curiosity fee on company FDs is totally taxable at your earnings tax slab fee, so issue within the post-tax returns.

Mint doesn’t suggest company FDs to a median investor due to the chance concerned. But should you wish to put money into them however, you will need to reduce the chance by selecting issuers with excessive scores.

An AA score signifies that the diploma of security concerning well timed fee is robust: the upper the score, the higher the chance capability of the issuer. Also, be certain the phrases for untimely redemption usually are not very stringent.

Here’s a listing of company FIs which can be rated AA and above.

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(Graphic: Satish Kumar/Mint)

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Updated: 26 Sep 2023, 09:00 AM IST