The deposits made by investors in companies that earn a fixed rate of return over a period of time. Along with manufacturing companies, financial institutions and Non-Banking Finance Companies (NBFCs) also accept these deposits. The rate of interest is 2-4 percent high, as compared to the interest rate offered by banks on fixed deposits. Depending on the scheme, we advise the investors accordingly and they will have the option to receive interest at monthly/quarterly/half-yearly/yearly intervals.