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Company Fixed Deposits

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A Non-Banking Non-Finance Company(Manufacturing Company) can accept deposit subject to following limits.
» Upto 10% of aggregate of paid-up share capital and free reserves if the deposits are from shareholders or guaranteed by directors.
» Otherwise upto 25% of aggregate of paid-up share capital and free reserves. A Non-Banking Finance Company can accept deposits upto following limits:
» Equipment Leasing Company can accept four times of its net owned fund.
»Loan or investment company can accept deposit upto one and half time of its net owned funds.

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Company Fixed Deposits, Company Deposits, Company FDs

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