Bilcare Limited, Pune based pharmaceutical company is offering fixed deposit scheme for a time frame of one, two and three years. Below are the details:
Scheme A – Non-Cumulative | |
Period | Rate Of Interest |
12 Months | 11.00% |
24 Months | 11.50% |
36 Months | 12.00% |
Scheme B – Cumulative | |||
Period | Rate Of Interest | Annual Yield | Maturity Value |
12 Months | 11.00% | 11.46% | 22,292 |
24 Months | 11.50% | 12.72% | 25,090 |
36 Months | 12.00% | 14.29% | 28,516 |
The interest rate of 12% is higher by 200-250 basis points than that offered by most banks. The company is profit making and dividend paying. It posted a net profit of Rs 74.75 crore for the year ended March 2012.
Company fixed deposits are unsecured and illiquid. Interest income from company fixed deposits is taxable and for those in the highest tax bracket the post tax return works out to a mere 8.29%. As of June 2012, 95.3% of the promoter shareholding is pledged.
Everyone hates paying taxes and always are on lookout for Options to Save Tax. However…
Are you worried and confused about Lien amount in SBI? Well you are not alone.…
Get details of latest Sovereign Gold Bond Price, Issue details, taxation and how to invest.…
Download the Excel based Income Tax Calculator India for FY 2020-21 (AY 2021-22). This compares…
Piramal Capital & Housing Finance, has come out with Piramal Capital & Housing Finance Ltd…
IIFL Home Loan, the Housing Finance company from IIFL Group has come out with IIFL…
View Comments
where to deposit FD application of Bilcare Ltd in mangalore
I am not sure of city wise location for depositing the forms but you can walk in any Bajaj capital office or any other financial consultants/ advisers office and they can deposit it for you.
FDR NO 813806 AMT RS 1.0 LAC WICH HAS BEEN EXTENTED FOR NEXT 15 MONTH BUT THE INTT.HAS NOT BEEN ISSUED TO ME.PL SEND THE INTT.