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Q.

Kindly let me know how I can apply for company deposits ? Whether these r Safe ? If yes, which companies are recommendable.

About: Money

Tags: money, careers, safe
Asked by Narendra Tiwari, 23 Jul '10 08:21 pm
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Answers (3)

 
1.

U can apply in company deposits by taking a form from any manager of the concerned issue or u can search on web like money control,com or economic times or bajaj capital u will get the information about the application form and other details.
No these are not safe by any means and protection or relief is granted by the any regulator to the investor in case of any company is fail to pay back his dues of deposit. In companies act 1956, repayment of public deposit by the company in case of winding up of the company will comes only on last priority.
Existing profitmaking companies of big brand name like Reliance, birla group companies,tata group companies are safe investment for rests, god only knows. During 1985-90 even JK synthetics( Part of Raymond gp) was delayed payment to the investor after maturity
Answered by sushil trivedi, 23 Jul '10 08:40 pm

 
  
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2.

Yes big company
Answered by dhanendra kumar jain, 23 Jul '10 08:40 pm

 
  
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3.

Go for diversified mutual funds instead of company FD's if you can take some risk to get some additional growth. they are much better then company FD's
Answered by Rahee, 24 Jul '10 11:08 am

 
  
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