How To Choose A Good Company Deposit Scheme?

1.	How To Choose A Good Company Deposit Scheme?
Answer» Ignore the unrated Company DEPOSIT Schemes. Ignore deposit schemes of little known manufacturing companies. For NBFC's, RBI has MADE it mandatory to have an 'A' rating to be eligible to ACCEPT public deposits, one should go further and LOOK at only AA or AAA schemes. Within a given rating grade, CHOOSE the company with a better reputation. Once you decide on a company, next choose the schemes that has given a better return. Unless you need income regularly.

Answer»

Ignore the unrated Company DEPOSIT Schemes. Ignore deposit schemes of little known manufacturing companies. For NBFC's, RBI has MADE it mandatory to have an 'A' rating to be eligible to ACCEPT public deposits, one should go further and LOOK at only AA or AAA schemes.
Within a given rating grade, CHOOSE the company with a better reputation.
Once you decide on a company, next choose the schemes that has given a better return. Unless you need income regularly.

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