niche
Verified member
Instead of taking loans from banks, many companies are taking deposits from the public, and paying them interest for the money deposited. The deposit may be cumulative or the interest in paid periodically after a specific period, ranging from one month to annually. The interest rate for the company deposit is often far higher than the bank deposit. It is a good source of passive income for the investor, since he or she will get the interest without any additional effort after making the deposit. However, it is difficult to find reliable companies for making the company deposits. Do investors in your country, invest money in company deposits for a passive income?