FD from JP Associates

POSTED BY SK ON October 17, 2011 1:41 am COMMENTS (5)


JP Associated is running an FD ( http://www.jalindia.com/FD/FDScheme.pdf ). The interest rates offered look quite impressive. I have two questions ..

a. It has been offering FDs for a while, how reliable has this company been in promising and delivering on the interest rates publicized?

b. Is this a good investment?


5 replies on this article “FD from JP Associates”

  1. ysm says:

    I invested in this FD in 2009 Nov and got backe the cheque ( cumulitive interest ) today. There were no hassles.

  2. Sheetal says:

    Thanks Abhishek for the reason and suggestions.

  3. Abhishek says:

    Stay Away from this FD.. You can opt for Mahindra Finance instead.


    1. Sheetal says:

      Hi Abhishek,

      Thanks for your reply, may I ask why do you advise to stay away from JP Assoc. FD?


      1. Abhishek says:

        Hi Sheetal,

        Jaiprakash Associates is not rated.. Since the rate of return, there is a higher risk on investment. High Risk High Return..There have been cases where the company has delayed the FD reciept by 6 months.

        Go for a Bank Fixed Deposit or a AAA Rated Corporate fixed deposit instead of Jaiprakash associates. Go for a 3 year or more fixed deposit to lock in higher rates.


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