Investment in Company deposit scheme …Is It Safe?

POSTED BY Rahul Sureka ON June 25, 2013 10:27 am ONE COMMENT

Hi Manish, Pls tell me about the company deposit scheme. As they are providing good returns.

Which one to select and how.As i have invested 20,000 in DHFL which gives 10.50% for 14months and it is rated by CARE (AA+) and by BWR ( FAAA). Does i have made the R8 choice?

Also I m thinking to Invest in Shriram commercial Vechile Finance which is also Rated by CRISIL ( FAA+) and by ICRA ( MAA+) and it is giving 10.75% for 3years.The minimum deposit is 25000.

Please suggest me for the above plan . Shall i invest in SHRIRAM FIN. IS IT SAFE?

And Also about DHFL in which i have invested.

 

 

One reply on this article “Investment in Company deposit scheme …Is It Safe?”

  1. Dear Rahul, just answer a simple question, why the company is offering you more interest v/s a bank FD?

    thanks

    Ashal

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