Corporate FDs Offer Higher Interest Rates

Corporate fixed deposits (FDs) are offered by companies instead of banks.

They give higher interest rates, sometimes up to 9.1%, which is more than what banks offer.

This makes them attractive for people who want better returns on their savings.

However, they come with more risk because they are not insured like bank deposits.

It's important to check the company's credit rating before investing.

Corporate FDs can be a good choice for people with short- to medium-term goals, but they should not replace bank FDs completely.