Written on March 19, 2011 at 5:36 am by Amit

Ansal Housing & Constructions Ltd Fixed Deposit Scheme

Filed under Fixed Deposit, Fixed Income {no comments}

Highlights of Ansal Housing & Constructions Ltd Fixed Deposit Scheme:

Post dated interest warrants in advance for each Financial Year.
Interest Warrants & Principal Amounts payable at par at all centers of acceptance of deposits.
Refund of deposit money at any time before the maturity date as per the rules.
Deposits will be accepted in multiples of Rs. 1,000/- subject to minimum amount mentioned under each scheme.
Interest compounded monthly, in quarterly and cumulative deposit scheme.
Nomination facility u/s 58A(II) of the Companies Act, 1956 is provided under the Scheme.

Scheme ‘A’ Quarterly Income Deposit
Period	Interest % (Per Annum)	Minimum Amount (Rs.)	Yield (Per Annum)
6 Months	10.00%	20,000	10.08%
1 Year	11.00%	20,000	11.10%
2 Year	11.00%	20,000	11.10%
3 Year	11.50%	20,000	11.61%

Scheme ‘B’ Cumulative Income Deposit
Period	Interest % (Per Annum)	Minimum Amount (Rs.)	Yield (Per Annum)
6 Months	10,000	10,511	10.22%
1 Year	10,000	11,157	11.57%
2 Year	10,000	12,450	12.25%
3 Year	10,000	14,097	13.66%

Scheme ‘C’ Monthly Income Deposit
Period	Minimum Amount (Rs.)	Rate of Interest (Per Annum)
6 Months	20,000	10.00%
1 Year	20,000	11.00%
2 Year	20,000	11.00%
3 Year	20,000	11.50%