Jagatjit Industries Ltd. Fixed Deposit Scheme

Jagatjit Industries Limited was founded in the year 1944 by Late Mr.L.P.Jaiswal in the erstwhile State of Kapurthala under the patronage of its Maharaja Jagatjit Singh. The company manufactures and markets alcoholic beverages, malt, malt extract, malted milk foods, milk powder, ghee, glass and pet containers. It owns the popular Aristocrat brand for liquors.

Payments should be made by means of an “Account Payee” cheque/bank draft drawn on a scheduled bank payable at cities indicated on the previous page payable to “JAGATJIT INDUSTRIES LIMITED – FIXED DEPOSIT ACCOUNT”.

Features and Benefits of Jagatjit Industries Ltd. Fixed Deposit Scheme:

Rate of Interest applicable on deposit received/renew w.e.f.  September 26, 2009

Scheme A: Non-Cumulative Deposit Scheme (Quarterly)
PeriodMinimum Deposit (Rs.)Interest (% p.a.)Quarterly interest (Rs.) on Rs 25,000
1 Year25,00010.5656.25
2 Years25,00011687.5
3 Years25,00011.5718.75

Scheme B: Non-Cumulative Deposit Scheme (Monthly)
PeriodMinimum Deposit (Rs.)Interest (% p.a.)Quarterly interest (Rs.) on Rs 50,000
1 Year50,00010.5437.5
2 Years50,00011458.33
3 Years50,00011.5479.17

Scheme C: Cumulative Deposit Scheme
PeriodMinimum Deposit (Rs.)Interest (% p.a.)Payable on Maturity (Rs.) Effective Yield (% p.a.)
6 Months50,0001052,55310.2
1 Year25,00010.527,75611.02
2 Years25,0001131,12112.24
3 Years25,00011.535,24213.65

Website: Jagatjit Industries Ltd. Fixed Deposit Scheme

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