FIXED DEPOSIT AND BONDS

Corporate or Company Fixed Deposits are saving cum investment tools. If you have short-term investment goals but don’t want to deviate towards riskier options like shares or MF, go for company FDs. Companies provide attractive interest rates. This leads to better yield. However, company FDs are not covered by the DICGC. The credit health of these non-banking financial companies, NBFCs is determined by the various credit-rating agencies like CRISIL, ICRA and CARE. Generally, it is a deposit that cannot be withdrawn in the specified period.

Types of Companies offering Fixed Deposits

  • Financial Institutions.
  • Non-Banking Finance Companies (NBFCs).
  • Manufacturing Companies.
  • Housing Finance Companies.
  • Government Companies.

Types of Bonds

01

Capital Gain Bonds

54EC bonds or capital gains bonds is a financial instruments which entail tax exemptions under Section 54EC to an investor. An individual can invest in these bonds after receiving capital gains from selling a property, thus availing the necessary tax exemption.

02

Sovereign Gold Bonds

SGBs are government securities denominated in grams of gold. They are substitutes for holding physical gold. Good alternative to investment in physical gold. You can enjoy capital appreciation, earn interest every year and eliminate the risk and the cost of storage applicable to physical gold.

03

Tax Free Bonds

These instruments where interest earned is not taxed. However, there is no deduction for the principal invested in these bonds. The price you may get for selling before they mature will depend on market conditions.

And many more bonds in the market...

"Passion, knowledge and a genuine interest in achiving the best for clients is what makes a truly professional financial adviser. Mr. Sagar Sancheti has this and more. His dedication to clients and the way of explaining critical things in a simple and laymans language makes him different from others. I would highly recommend him to anyone wanting to secure future and achieve better financial outcome as well as security."

- Prashant Shinde, Lawyer

"Overwhelmed with the services and financial guidance from your side. Your knowledge has helped me to grow my wealth and enjoy the benefits."

- Hemant bayad, Health Counsellor

"Have known Mr. Sagar Sancheti for more than 15 years. He is one of the most committed person I have ever met. He has assisted my family with numerous mediclaim application and approvals and is always responsive at a single call. No wonder he is the best insurance management person in Pune"

- Dr.Mayur Kardile, Orthopedic Spine Surgeon

"Sagar has been my financial assistant since 15 years. All my insurance policies and investments are under his guidance. I am very fortunate to have him guide my investments. Above all he is a very good friend. I wish him all the best for his future endeavours"

- Naresh Patre

"Sagar has been my insurance and mediclaim consultant since over 8 years now. Apart from being a thorough gentleman, he is accurate in his knowledge and trustworthy in terms of information he provides. I can trust him whole heartedly. He has always advised me and my family about the most relevant updates from time to time accurately. We feel safe with him. His follow ups on premium payments are perfect. Never faltered. I am completely satisfied with his services and I wish him all the best. "

- Jaikumar Suchak

"Explains everything in simple and clear language so that it is easy to understand. Very good and prompt service"

- Dr.Kumbhare Jayshri, (Govt Service)