InvestorQ : How safe are investment under Cooperative Societies or Cooperative Banks in today's times as they are orient better FD returns than Larger banks?
Tushar Jambhekar made post

How safe are investment under Cooperative Societies or Cooperative Banks in today's times as they are orient better FD returns than Larger banks?

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AR Kadam answered.
1 year ago
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It is recommended to avoid FDs in co-operative societies or co-operative banks given the recent case of PMC Bank even though they give better FD returns than Larger Banks.

You can invest in liquid / ultra short term / short term / medium term debt mutual funds depending on your tenure of investment for generating better and tax efficient returns.

For more details please contact your financial advisor

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