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How safe is to invest in corporate FDs like Unitech.
In Fixed Deposits  -  Asked by Ujjwal Kumar -  4 years ago

Best Answer:
The corporates have a high interest rates on FDs in comparison to the banks but there is risk factor also. As the corporates take loans for business, in case due to some reason there is down fall in business and it has to clear the loan payments then the corporate might not be in condition to give the interest or the full amount to the depositors. It is better to invest in public sector banks.
4 years ago - By Pinki

Other Answers (2)
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Answer 1.
TATA is offering high interest rate on FD it is ok if we invest with such big corporates but you never know the risk is involved. My sister has invested with this corporate let's hope every thing goes well.
4 years ago - By Vicky
Answer 2.
The public sector banks are the safe option for the investment also banks have attached beneficial schemes with FD like over draft limit, etc.
4 years ago - By Dinki
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