AndhraPickles Posted May 15, 2022 Report Share Posted May 15, 2022 Like TATA and Bajaj corporate FD's..? Quote Link to comment Share on other sites More sharing options...
Googlie Posted May 15, 2022 Report Share Posted May 15, 2022 You mean Bonds ? Quote Link to comment Share on other sites More sharing options...
AndhraPickles Posted May 15, 2022 Author Report Share Posted May 15, 2022 3 minutes ago, Googlie said: You mean Bonds ? No bro..FD's but with tata wealth, bajaj finance, and shriram, KCP ltd..etc..they pay high interest on FD's than banks... Quote Link to comment Share on other sites More sharing options...
Googlie Posted May 15, 2022 Report Share Posted May 15, 2022 43 minutes ago, AndhraPickles said: No bro..FD's but with tata wealth, bajaj finance, and shriram, KCP ltd..etc..they pay high interest on FD's than banks... Risky bro Quote Link to comment Share on other sites More sharing options...
AndhraPickles Posted May 16, 2022 Author Report Share Posted May 16, 2022 9 hours ago, Googlie said: Risky bro How bro....kindly let me know.. Quote Link to comment Share on other sites More sharing options...
Googlie Posted May 16, 2022 Report Share Posted May 16, 2022 2 hours ago, AndhraPickles said: How bro....kindly let me know.. It depends on finance company you go with - some are not secure - so if shriram finance defaults they are not backed by any company assets to sell and pay investors etc these finances are responsible to pay only 1 lakh as per govt. law Most finance business is to get money for low interest rate and lend them for high interest rates… so u need to research to whom they lend …. India stock market is highly inflated especially small cap stocks are over valued and of these finance companies lends to risky businesses and businesses default then ur money is at risk Some finances also lend to general public like personal loans or car or home loans etc - so consider this too In near future, rbi increases interest rates so, let’s say shriram finance is paying now you 8% and lending for 11%, in future when rbi increases interest rate it will change to 9% and lend for 12% - so you will loose this additional 1% if you invest now so better wait if u r planning for a long term investment Quote Link to comment Share on other sites More sharing options...
AndhraPickles Posted May 16, 2022 Author Report Share Posted May 16, 2022 31 minutes ago, Googlie said: It depends on finance company you go with - some are not secure - so if shriram finance defaults they are not backed by any company assets to sell and pay investors etc these finances are responsible to pay only 1 lakh as per govt. law Most finance business is to get money for low interest rate and lend them for high interest rates… so u need to research to whom they lend …. India stock market is highly inflated especially small cap stocks are over valued and of these finance companies lends to risky businesses and businesses default then ur money is at risk Some finances also lend to general public like personal loans or car or home loans etc - so consider this too In near future, rbi increases interest rates so, let’s say shriram finance is paying now you 8% and lending for 11%, in future when rbi increases interest rate it will change to 9% and lend for 12% - so you will loose this additional 1% if you invest now so better wait if u r planning for a long term investment What about "Tata capital wealth FD" bro...isn't it more secured and backed up by TATA sons..than shriram co..? Quote Link to comment Share on other sites More sharing options...
Googlie Posted May 16, 2022 Report Share Posted May 16, 2022 55 minutes ago, AndhraPickles said: What about "Tata capital wealth FD" bro...isn't it more secured and backed up by TATA sons..than shriram co..? They might b under TATA umbrella but it won’t be backed by other TATA company assets - research though Quote Link to comment Share on other sites More sharing options...
AndhraPickles Posted May 16, 2022 Author Report Share Posted May 16, 2022 55 minutes ago, Googlie said: They might b under TATA umbrella but it won’t be backed by other TATA company assets - research though Ok bro..thanks for the information.. Quote Link to comment Share on other sites More sharing options...
Aamphat Posted May 16, 2022 Report Share Posted May 16, 2022 22 hours ago, AndhraPickles said: Like TATA and Bajaj corporate FD's..? I have invested 12 lacs in Bajaj and 10 lacs in Shriram. and bought Shriram NCD's for 7 lacs. Bajaj and Shriram have AAA rating. Quote Link to comment Share on other sites More sharing options...
AndhraPickles Posted May 16, 2022 Author Report Share Posted May 16, 2022 22 minutes ago, Aamphat said: I have invested 12 lacs in Bajaj and 10 lacs in Shriram. and bought Shriram NCD's for 7 lacs. Bajaj and Shriram have AAA rating. Great bro..for what terms bro..like 5 yrs..? Quote Link to comment Share on other sites More sharing options...
Aamphat Posted May 16, 2022 Report Share Posted May 16, 2022 some 5 some 3 . If you are not worried about lock in perios go for RBI floating rate bonds. They give 7.15 percent and lock in period is 7 years and there is high chance that rates go up since RBI increased repo rate Quote Link to comment Share on other sites More sharing options...
AndhraPickles Posted May 16, 2022 Author Report Share Posted May 16, 2022 3 minutes ago, Aamphat said: some 5 some 3 . If you are not worried about lock in perios go for RBI floating rate bonds. They give 7.15 percent and lock in period is 7 years and there is high chance that rates go up since RBI increased repo rate Thank you bro...for the info.. Quote Link to comment Share on other sites More sharing options...
Googlie Posted May 16, 2022 Report Share Posted May 16, 2022 9 minutes ago, AndhraPickles said: Thank you bro...for the info.. You can also invest in postal saving scheme - it’s secured by govt and has good returns Quote Link to comment Share on other sites More sharing options...
AndhraPickles Posted May 16, 2022 Author Report Share Posted May 16, 2022 19 minutes ago, Googlie said: You can also invest in postal saving scheme - it’s secured by govt and has good returns 10 year with 8.25 PA FD is interesting rite... Quote Link to comment Share on other sites More sharing options...
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