Fixed deposits are one of the most convenient investment options for elderly or senior citizens. But given the low interest rates, investors are flocking to corporate or company FDs. Not that the company FDs were any lesser known investment option earlier. Company FDs are one of the favourites of HNI investors who can take an additional risk for extra returns. FDs offer the convenience of creating a regular stream of cash flows for the investor. This option is highly utilised by retired people. Here's how it is done:
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