Wednesday, February 25, 2009

[Investors Please Listen] "EXIM Bank Ltd":-Term Deposit Scheme


 
 
 

FINANCIAL HIGHLIGHTS

 
... ...
Export-Import Bank of India is the premier export finance institution of the country, set up in 1982 under the Export-Import Bank of India Act 1981. Government of India launched the institution It has a high-powered Board of Directors comprising : A Deputy Governor of Reserve Bank of India , Chairmen of IDBI, ECGC, Representatives of the Ministries of Finance, Commerce, Industry, External Affairs and Planning, Chairmen of scheduled banks and professionals from trade and industry.
... ...
 
TERM DEPOSIT SCHEME


Table I: Cumulative Interest Option

Period (Mths.)

Interest Rate (%) p.a.

Amount on Maturity (Rs.)

Yield (%) p.a.

12-23

10.00%

11,038

10.38%

24-35

10.00%

12,184

10.92%

36-47

10.00%

13,449

11.50%

48-59

10.00%

14,845

12.11%

60

10.00%

16,386

12.77%


Table II : Non-Cumulative Interest Option- Interest Payable Half Yearly

Period (Mths.)

Interest Rate (%) p.a.

Amount Payable Half Yearly for Deposit of Rs. 10,000

Yield (%) p.a.

12-23

10.00%

506

10.13%

24-35

10.00%

506

10.13%

36-47

10.00%

506

10.13%

48-59

10.00%

506

10.13%

60

10.00%

506

10.13%

 
FINANCIAL HIGHLIGHTS

 

Rs. Crores.

2000-01

2001-02

2002-03

2003-04

2004-05

2005-06

Paid up Capital

549.99

649.99

649.99

649.99

849.99

949.99

Reserves

1,066.38

1,202.64

1,317.09

1,493.30

1,662.50

1,770.31

Net Profit

154.14

171.16

206.6

229.23

257.91

270.74

Dividend

38

42

45

47

65.44

86.75

 
NOTE
 

•  Interest compounded on quarterly basis.
•  Minimum Deposit of Rs.10,000/- and in multiples of Rs.1,000/- thereafter.
•  Interest is subject to deduction of tax at source, wherever applicable.
•  The above rates are applicable to Resident Individuals, NRIs, HUFs and Superannuation Funds.
•  Senior citizens will be eligible for additional interest at 0.25% p.a. on deposits placed for 12-35 months and 0.50% p.a. on deposits placed for 36 months and above.


•  Cheques/Demand Drafts to be drawn favouring 'Exim Bank Term Deposit Account'.

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1 comment:

yashkaushab said...

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