What Are Corporate Deposits and NCDs?
Corporate fixed deposits are term deposits placed with companies and NBFCs. They typically offer higher interest rates than bank deposits, with interest payable monthly, quarterly, annually or on maturity.
Non-Convertible Debentures (NCDs) are debt instruments issued by companies to raise funds. They pay a fixed rate of interest and are often listed on stock exchanges, providing an exit option before maturity. NCDs may be secured (backed by assets) or unsecured.
Both products can enhance the yield of the fixed-income portion of your portfolio, but they carry credit risk. Selecting highly rated, financially strong issuers and diversifying across issuers is essential.
What We Offer
Corporate Fixed Deposits
Deposits with highly rated companies and NBFCs.
Secured NCDs
Debentures backed by a charge on the issuer's assets.
Unsecured NCDs
Higher-yield debentures without asset backing.
Cumulative & Payout Options
Choose reinvestment or regular interest payouts.
Why Consider Corporate Deposits and NCDs?
Higher Interest
Typically higher rates than comparable bank deposits for the same tenure.
Flexible Payouts
Choose monthly, quarterly, annual or cumulative interest to suit your cash-flow needs.
Defined Tenure
Clear maturity dates make these instruments useful for goal planning.
Listed Liquidity
Listed NCDs can be traded on the exchange before maturity.
Why Choose Our Fixed-Income Services?
We help you earn better fixed income without taking unnecessary credit risk.
Rigorous Credit Screening
We recommend only highly rated issuers with strong financials and track records.
Issuer Diversification
Investments are spread across issuers to limit concentration risk.
Tenure Matching
Tenures are aligned with your cash-flow and goal timelines.
Hassle-Free Documentation
Support with applications, renewals and maturity tracking.
Our Process
- Understand Your Objectives Your goals, time horizon and liquidity needs.
- Assess Your Risk Profile A documented assessment of your risk capacity and tolerance.
- Research & Shortlist Products evaluated on consistency, process, quality and costs.
- Invest & Implement Your allocation executed with paperless onboarding.
- Monitor & Optimise Ongoing tracking, reporting and rebalancing.
Start Your Journey Today
Speak with our team for a personalised, no-obligation discussion.
Frequently Asked Questions
Are corporate deposits safe?
They are not covered by deposit insurance and carry credit risk. Choosing highly rated issuers reduces, but does not eliminate, this risk.
How is the interest taxed?
Interest is taxable at your income-tax slab rate, and TDS may apply above prescribed thresholds.
What is the difference between an FD and an NCD?
An FD is a deposit with the company; an NCD is a debt security that may be listed and traded on an exchange.
Can I withdraw before maturity?
Premature withdrawal of corporate FDs is usually allowed after a minimum period with a reduced interest rate; listed NCDs can be sold on the exchange.
What do credit ratings indicate?
Ratings such as AAA or AA reflect the rating agency's assessment of the issuer's ability to repay; higher ratings indicate lower credit risk.