Jaypee Infratech (a member of the Jaypee group), is accepting fixed deposits from the public. The company is working on a six lane highway, connecting Noida and Agra. The company shall also build townships at five locations, along the express way. The parent company has interests in Civil Engineering, power generation, cement manufacturing, hotels etc… The fixed deposit scheme from JP Associates (a member company), has been very popular, over the past year.
The company is issuing FDs, under both non-cumulative (ie. interest payable quarterly) and cumulative schemes (interest payable at maturity). Details are as follows:
Download application forms.
Is this a safe investment?
ReplyDeleteFD's are safe investments
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