Thursday, April 15, 2010

Revision in interest rate of JSL LTD

This is to inform you that the Company has decided to revise Fixed Deposit Scheme of the Company w.e.f. 15th April, 2010 in the following manner:-


NON CUMULATIVE DEPOSIT

Period in Months

Minimum Deposit

Rate of Interest (p.a.)

12

RS. 21,000/-

8.25%

24

RS. 21,000/-

8.50%

36

RS. 21,000/-

8.75%

Post dated quarterly interest warrants will be sent on financial year basis, in advance.



CUMULATIVE DEPOSIT

Period in Months

Minimum Deposit Amount

Maturity Amount

Rate of Interest (p.a.)

Yield to Maturity (p.a.)

12

RS. 21,000/-

RS. 22,787/-

8.25

8.50%

24

RS. 21,000/-

RS. 24,847/-

8.50%

9.16%

36

RS. 21,000/-

RS. 27,227/-

8.75%

9.88%

-          Amount payable on maturity (subject to deduction of tax at source, if any)

-          Deposits are acceptable in multiples of Rs. 1,000/- above the minimum deposit amount.

-          0.25% extra interest would be paid, over and above the rate of interest as payable under cumulative and non-cumulative schemes, to the following:-

(i)                   Senior citizen (of 60 years and above) -  age proof to be attached.

(ii)                 Shareholders of the company having minimum 100 shares – copy of latest shareholding to be attached.

 

We may add that now the PAN is mandatory for all fresh / renewal fixed deposit application.  In the absences of PAN, the application form will be invalid/rejected.

 

--
Safe Harbor:
The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
 
You received this message because you are subscribed to the Google Groups "Investors Please Listen !" group.
To post to this group, send email to investorspleaselisten@googlegroups.com
To unsubscribe from this group, send email to
investorspleaselisten+unsubscribe@googlegroups.com For more options, visit this group at http://groups.google.com/group/investorspleaselisten?hl=en

No comments:

Blog Archive

Life Insurance | Health Insurance | Auto Insurance


Investors Please Listen !

 
More than 100 kinds of Insurance products from more than
20 companies under one roof.



Call: 9818269396 
investorspleaselisten@in.com
www.investorspleaselisten.blogspot.com

 

 

Safe Harbor:

The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
Powered by Olark
Advertising Learn to Invest