Among the many investment types in India, Certificate of Deposit is a money market instrument which is issued against the funds deposited by an investor. It is invested with the bank in a dematerialized form for a certain period of time. Certificate of Deposit is issued by Federal Deposit Insurance Corporation (FDIC) and regulated by the Reserve Bank of India (RBI).

Investment tips for Certificate of Deposit
- A CD can be issued to a single issuer for a minimum of Rs.1 Lakh and its multiples - Maturity period of a Certificate of Deposit issued by the commercial banks can range from 7 days to 1 year. Whereas, maturity period for a certificate of deposit issued by financial institutions ranges from 1 year to 3 years.