Was speaking to my financial advisor today on any company deposits that are presently out there in the market and my two firms caught my interest.
1. Tata Motors FD
2. Muthoot Finance (read about this in Outlook money)
while I gather a little more about Muthoot finance here is some interesting stuff on Tata Motors
For the 3 yr compounded deposit where they are giving a yrly interest rate of 8.75% , the annualized return post 3 yrs will be 9.88%.
Also if you look at the terms and conditions , people who have Tata Motor shares get an additional 0.25% interest per annum ( even 1 share of tata motors certifies me to get the 0.25% interest)!!
So compare them with any bank fixed deposit and if you do not require the money as of now-- this is a good opportunity to invest
Here is the link where you can see the FD details. http://ir.tatamotors.com/
Muthoot finance was mentioned in the Outlook money article ( recent one)-- here is the scanned copy.
I do know that a lot of people who follow this blog are NRI's... these are GREAT opportunities for you to invest --- comparing to what CDs give you in the US..!! :)
Here is a link to other open company deposits as of today.
If you need further details write back to me.
Happy Investing!
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