JSL Stainless Ltd. Fixed Deposit Scheme

Jindal Stainless Limited is an ISO: 9001, ISO: 14001 and OHSAS 18001 certified company, is the flagship company of the Jindal Organization. The Company today, has come a long way from its incorporation in 29th September of the year 1980 as Jindal Ceramics Limited. The Company is India’s largest stainless steel manufacturer with integrated melting, hot rolling and cold rolling facilities. The company produce standard and specialty stainless steel, in each of the 200, 300 and 400 series grades, for Kitenware, commercial and industrial applications.

 Features and Benefits of JSL Stainless Ltd. Fixed Deposit Scheme:

  • Both Cumulative and Non-Cumulative Deposit Scheme available
  • 0.25% extra interest rate for the following class of investors – Senior citizen (of 60 years and above), Shareholders of the company having minimum 500 shares of face value Rs. 2/- each and Employees of the company

 Interest Rate effective from April 15, 2010

Non-Cumulative Deposit Scheme – JSL Stainless Ltd:

Non-Cumulative Deposit Scheme – JSL Stainless Ltd
Period (Months) Minimum Deposit Amount (Rs) Rate of Interest (% p.a.)
12 21,000 8.25
24 21,000 8.50
36 21,000 8.75
  • Interest Payable Quarterly
  • Post dated interest warrants in advance for each Financial Year
  • Above Rs 21,000, deposit can be made in multiples of Rs. 1,000

Cumulative Deposit Scheme – JSL Stainless Ltd:

Cumulative Deposit Scheme – JSL Stainless Ltd
Period (Months) Minimum Deposit Amount (Rs) Maturity Amount (Rs) Rate of Interest (% p.a.) Yield to Maturity (%p.a.)
12 21,000 22787 8.25 8.5
24 21,000 24847 8.50 9.16
36 21,000 27227 8.75 9.88
  • Amount payable at maturity is subject to TDS, if any
  • Above Rs 21,000, deposit can be made in multiples of Rs. 1,000

Managers & Brokers to the Scheme:

  1. Bajaj Capital Ltd.
  2. Eastern Financiers Ltd
  3. Edelwiess Capital Ltd
  4. ENAM Financial Consultants Pvt. Ltd.
  5. J K Investment
  6. J M Financial Services Pvt Ltd
  7. R R Financial Consultants Ltd
  8. Security Investment Ltd
  9. Shri Balaji Investment Consultant
  10. SMC Global Secruties Ltd
  11. Western Securities

For more details download form below

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Website:  JSL Stainless Ltd. Fixed Deposit Scheme

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