Intercorporate Deposits

Salient features

• Deposits from corporate entities/ in corporate entities
• Hassle free investment
• Interest depending on market conditions

Eligibility

• Corporate entity registered under the Indian Companies Act, 1956

Documentation

• Opening form with resolution to invest/ accept deposits
• KYC documents of the corporate entity
• Memorandum of Association and Articles of Association of the investor

Period of deposit

• 7 days to 180 days

FAQ

Q: I s there any minimum amount for investing in or accepting deposits?
A: Yes. The minimum amount is Rs 50 lakhs.