Avon Corporation Ltd – An ISO 9001:2000 Certified company, is a manufacturer of weighing scales under the “Avon” Brand such as – Mechanical Scale, Stylish Digital Glass Scale, Wooden Scale, Wireless Digital Glass Scale, Digital Super Slim Scale, Digital Body Fat Scale, Digital BMI Scale, Digital Body Analysis Scale, Ultra Slim Body Fat Scale, Digital Kitchen Scales, Digital Baby Scales, High Resolution Platform Scales, Ultra Low Profile Platform Scales, Weighbridges and Auto-Vibrator Feeder System with SQC which all are manufactured in their plant located at Baddi, Himachal Pradesh.
Avon was established by Mr. Pankaj Saraiya in the year of 1995. Later it got transferred in to Avon Weighing Systems Private Limited in the year 1999 which again got transferred in to Avon Weighing Systems Limited in the year 2004.
Features and Benefits of Avon Corporation Ltd Fixed Deposit Scheme:
Interest Rate of Avon Corporation Ltd Fixed Deposit Scheme:
| Scheme A: Non-Cumulative Deposit Scheme (Interest Payable Quarterly) | ||
| Period (Months) | Minimum Deposit Amount (Rs) | Rate of Interest (p.a.) |
| 12 | 5,000 | 10.75% |
| 24 | 5,000 | 11.25% |
| 36 | 5,000 | 11.75% |
| Scheme B: Cumulative Deposit Scheme (Interest compounded Quarterly) | ||||
| Period (Months) | Minimum Deposit Amount (Rs) | Maturity Amount (Rs) | Rate of Interest (p.a.) | Effective Yield (p.a.) |
| 12 | 5,000 | 5,573 | 11.00% | 11.46% |
| 24 | 5,000 | 6,273 | 11.50% | 12.73% |
| 36 | 5,000 | 7,129 | 12.00% | 14.19% |
Managers to the Scheme:
For more details download form below
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Website: Avon Corporation Ltd Fixed Deposit Scheme
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View Comments
This is a fraud company. Please don't invest money. I am also suffering last five years.
This is a fraud company. You will loose your principal as well. I have lost mine
if they are not made after maturity it shows their intension. why u people make f.d in these kind of companies
Avon corporation ltd is faurd company and he never return any money to his investor ,I am one of the investor
Yes I too have come across several complaints about not paying back either principal or interest to its investors. you will have to unite and file case against them.
I WANT TO KNOW ABOUT THE REPAYMENT/ RENEWAL OF FIXED DEPOSITS OF AVON CORPORATION LTD
Avon Corporation has defaulted on its fixed deposits and many investors are complaining about not receiving back the principal amount. Stay away from this company FD!