Pudumjee Pulp & Paper Mills Limited Fixed Deposit Scheme

pudumjee_fixed_deposit_schemeCompany Profile: Pudumjee Pulp & Paper Mills Limited

Pudumjee Pulp & Paper Mills Limited (PUDUMJEE), a Pune (Maharashtra, India) based Company engaged in the manufacture and sale of Specialty Papers is a flagship Company of the M.P.Jatia Group of Companies.

Beginning with manufacture of India`s first indigenous Greaseproof and Glassine papers for packaging for the first time in India, PUDUMJEE went on to extend range of papers to include Security Papers such as MICR Paper, Sensitized Paper, Postal Stamp, Impressed Stamp, Passport and Excise Banderoll, Laminating Base, Silicone base paper, Wax Match paper, Packaging Papers of various kinds and types, Tissue Papers, etc. catering to wide range of industrial applications specially manufactured to meet customers specific requirements. Starting with a capacity of 6,000 MT of paper per annum in 1968, PUDUMJEE has now reached a capacity of 42,500 MT per annum of Specialty Papers.

Features and Benefits of Pudumjee Pulp & Paper Mills Limited Fixed Deposit Scheme: 

  • Minimum amount of deposit to be accepted is Rs. 25,000 and in multiple of Rs. 1,000 thereafter
  • Deposits of Rs. 5 lacs and above under one receipt may be accepted on Special Terms
  • Income Tax will not be deducted upto interest Rs. 5,000 in a Financial Year
  • Nomination facility available
  • Premature withdrawal permissible as per the statutory guidelines and at the discretion of the company

Interest Rate of Pudumjee Pulp & Paper Mills Limited Fixed Deposit Scheme:

Scheme 1: Non-Cumulative Deposit Scheme (Interest Payable Quarterly)
Period Years)Minimum Deposit Amount (Rs)Rate of Interest (p.a.)
125,0009.00%
225,0009.50%
325,00010.50%

 

Scheme 2: Cumulative Deposit Scheme (Interest compounded quarterly)
PeriodMinimum Deposit Amount (Rs)Maturity Amount (Rs)Rate of Interest (p.a.)Effective Yield (p.a.)
3 Years25,00034,11810.50%12.16%

Managers to the Scheme:

  1. JM Financial Services Pvt Ltd
  2. Western Securities
  3. R R Investors Retail Services Pvt Ltd
  4. FCH Centrum Wealth Managers Ltd

For more details download form below 

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Website: Pudumjee Pulp & Paper Mills Limited Fixed Deposit Scheme

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