Homec > Fixed Deposit
Corporate FDs are term deposits that are offered by corporate companies and non-banking financial companies (NBFCs) and are held for a fixed period of time at a fixed rate of interest
If you are an individual FD account holder or a joint FD account holder, you can apply for a loan against the amount deposited
If the chit fund is carrying out business without registration, it is an unrecognised entity where investors have no protection from any quarters in case of defaults
