Phadnis Group Fixed Deposit Scheme

Phadnis_fixed_deposit_schemeCompany Profile: Phadnis Group

Phadnis Group is a Pune based business house with focus on Hospitality, Real Estate, Infrastructure, Power, ITeS and Telecom.

Incorporated in 2003 as Sahil Group by Mr. Vinay Phadnis, a visionary who has a brilliant track record, having laid several prestigious projects, the group is moving strongly towards emerging as a leading player in hospitality and real estate development.

Tying up with various partners Phadnis Group is moving towards achieving excellence in each endeavour. Following a successful line-up of various projects in various sectors across India, Phadnis Infrastructure is all set to make a mark and contribute in the development of the nation as a whole.

Features and Benefits of Phadnis Group Fixed Deposit Scheme:

  • Minimum amount of deposit to be accepted is Rs. 10,000 and in multiple of Rs. 1,000 thereafter
  • Income Tax will not be deducted upto interest Rs. 5,000 in a Financial Year
  • Premature withdrawal permissible on company discretion

Interest Rate of Phadnis Group Fixed Deposit Scheme:

Option 2: Non-Cumulative Deposit Scheme (Interest Payable Monthly, Quarterly & Half Yearly)
PeriodMinimum Deposit Amount (Rs)Rate of Interest (% p.a.)Rate of Interest (% p.a.) for Shareholders, Employees & Senior Citizens
6 Months10,00010.00%10.25%
1 Year10,00011.00%11.25%
2 Years10,00012.00%12.25%
3 Years10,00012.50%12.50%

 

Option 1: Non-Cumulative Deposit Scheme (Interest Compounded Monthly)
 for General Publicfor Shareholders, Employees & Senior Citizens
PeriodMinimum Deposit Amount (Rs)Maturity Amount (Rs)Rate of Interest (% p.a.)Effective Yield (% p.a.)Maturity Amount (Rs)Rate of Interest (% p.a.)Effective Yield (% p.a.)
1 Year10,00011,15711.00%11.57%11,18511.25%11.85%
2 Years10,00012,69712.00%13.49%12,76012.25%13.80%
3 Years10,00014,52212.50%15.07%14,52212.50%15.07%

 

For more details download form below

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Website: Phadnis Group Fixed Deposit Scheme Form

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