Home >Money >Personal Finance >Compare company FD rates and ratings
Just like FDs, interest on corporate FDs is fully taxable at your income tax rate
Just like FDs, interest on corporate FDs is fully taxable at your income tax rate

Compare company FD rates and ratings

An AA rating indicates that the degree of safety regarding timely payment is strong; the higher the rating, the better the risk capacity of the issuer

Corporate FDs are popular among investors who want fixed returns higher than what bank FDs give, even at a slightly higher risk. However, just like FDs, interest on corporate FDs is fully taxable at your income tax rate, so factor in the post tax returns. Mint does not recommend corporate FDs to an average investor because of the risk involved. But if you like to invest in them, nevertheless, you must minimize the risk by choosing issuers with high ratings. An AA rating indicates that the degree of safety regarding timely payment is strong; the higher the rating, the better the risk capacity of the issuer. Also make sure the terms for premature redemption are not very stringent. Here’s a list of corporate FDs that are rated AA or above.

Graphic: Santosh Sharma/Mint
View Full Image
Graphic: Santosh Sharma/Mint

Click here to view enlarged graphic

Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.

Click here to read the Mint ePaperMint is now on Telegram. Join Mint channel in your Telegram and stay updated with the latest business news.

Close
×
My Reads Redeem a Gift Card Logout