Company Fixed Deposit is an attractive option for regular income with option to receive monthly, quarterly, half yearly & annual interest income. Fixed Deposits in companies earn a fixed rate of return for specified time period. Deposits mobilised are governed by the Companies Act under Section 58A. It may be noted that deposits are unsecured, and hence in of any default by of company, the investor cannot sell the documents to recover his capital, thus making it a risky investment option.
We also deal in Capital Gain Bond Issues which facilitates tax exemption against long term capital gain as per Sec 54EC of Income Tax Act. Besides this we all deal in GOI 8% Bonds and Bonds issued by Companies from time to time.