Compare company FD rates and ratings

Corporate FDs are popular among investors who want a more assured return than bank FDs, even with a slightly higher risk. However, like FDs, interest on corporate FDs is fully taxable at your income tax rate, so factor in the after-tax returns. Mint does not recommend corporate FDs to an average investor due to the risk involved. But even if you choose to invest in them, you should minimize the risk by choosing issuers with higher ratings. The AA rating indicates that the degree of security with respect to timely payments is strong; The higher the rating, the better the risk appetite of the issuer. Also make sure that the terms of premature redemption are not too strict. Here is a list of corporate FDs that are rated AA or above.