3 Replies to “Fixed Deposit is safe upto what limit in case of nationalised and Cooperative bank?”

  1. Please keep in nationalised banks or private banks up to any limit but avoid cooperative banks other than the big ones like saraswat and bombay mercantile.

  2. Invest in Nationalised banks. They are completely safe and offer equally good return. Here the govt has a hold on the banks directly along with RBI. In these govt is a major shareholder.

  3. Fixed Deposit is more safe with respect to return in comparison to investing in Equity shares or Mutual Funds.

    Please note that they are not regarded as cent percent safe for returns. Since the nationalised banks and co-operative banks are controlled by GOI, the deposits are very much safe.

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