Corporate Deposit Schemes India

Previously there was only one way to invest in Fixed Deposits and that was Bank Fixed Deposits. I know that my Grandfather used to invest in SBI or many other Nationalized Banks FDs. But now the trend is different. Indian Bond market is becoming mature day by day and many Private Corporations are also raising money for their various projects through Fixed Deposit Schemes.

Here are few Examples -

- TATA Motor
- HDFC
- JaiPrakash Industries
- Hudco

The best thing about private corporate deposits is that, they are giving attractive returns (9-12%) than the regular bank fixed deposits. So Now, choosing a Best Deposit Scheme in India itself is a job. Previously, not many options were available and that’s why people did not have many choices.

But now, You have several choices so It is recommended that You Compare Deposit Schemes before Investing in them.

What I suggest you is that, Before Investing in any of such private corporate schemes you should check the credit ratings of such schemes. Here are the 3 best independent credit rating agencies.

01) ICRA

02) CRISIL

03) CARE

Before investing in any of the private corporate deposit schemes India, first check and compare the credit rating of these schemes from anyone or all of the above independent credit rating agencies. Than and only Invest in such schemes.