Corporate Fixed Deposits (FDs) are financial instruments issued by non-banking financial companies (NBFCs) or corporations to raise funds from investors. These FDs function similarly to bank FDs but are offered by private entities rather than banks. Corporate FDs offer fixed interest rates, usually higher than those offered by traditional bank FDs.

Corporate FDs can offer attractive returns but come with higher risk compared to bank FDs. Investors should conduct thorough research, consider the creditworthiness of the issuing company, assess their risk tolerance, and review the terms and conditions before investing in Corporate FDs.