I am looking to invest around 50000/- in FD offered by companies. Can you please tell me how safe Fixed deposits of Mahindra Finance and Jaypee Associates are? I could not find any CRISIL or CARE ratings for them?
I am looking to invest around 50000/- in FD offered by companies. Can you please tell me how safe Fixed deposits of Mahindra Finance and Jaypee Associates are? I could not find any CRISIL or CARE ratings for them?
I personally don't invest in company FDs, so I have not much idea. I have checked on Google and Mahindra FD is assigned AA+ rating from CRISIL indicating High Safety.
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I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.