Company Profile: Jaiprakash Associates Ltd
Incorporated in 1995, the Jaypee Group had a market capitalisation of Rs. 34,000 Crores with 4 Lacs+ shareholder & 56,000 depositors. Started as an Engineering company and has later on diversified its business into various segments. Currently the group has its presence in following sectors :
- Engineering & Construction
- Cement Manufacturing
- Hydro, Thermal & Wind Power Generation
- Expressway & Real Estate
- Hospitality
- Education
Features and Benefits of Jaiprakash Associates Ltd. Fixed Deposit Scheme:
- Minimum amount of deposit to be accepted is Rs. 20,000 and in multiple of Rs. 1,000 thereafter
- Post dated Interest Warrants for each financial year will be dispatched in advance
- Income Tax will not be deducted upto interest Rs. 5,000 in a Financial Year
- Nomination facility available
- Premature withdrawal permissible as per the statutory guidelines
Interest Rate of Jaiprakash Associates Ltd. Fixed Deposit Scheme:
| Scheme A: Non-Cumulative Deposit Scheme (Interest compounded Monthly but Payable Quarterly) | ||
| Period (Months) | Minimum Deposit Amount (Rs) | Rate of Interest |
| 1 Year | 20,000 | 11.75% |
| 2 Years | 20,000 | 12.25% |
| 3 years | 20,000 | 12.50% |
| Scheme B: Cumulative Deposit Scheme (Interest compounded Monthly) | ||||
| Period | Minimum Deposit Amount (Rs) | Maturity Amount (Rs) | Rate of Interest | Effective Yield |
| 6 Months | 20,000 | 21,150 | – | 11.50% |
| 1 Year | 20,000 | 22,480 | 11.75% | 12.40% |
| 2 Years | 20,000 | 25,520 | 12.25% | 13.80% |
| 3 years | 20,000 | 29,044 | 12.50% | 15.07% |
Managers to the Scheme:
- Bajaj Capital Ltd
- R R Investors Retail Services Pvt Ltd
- Security Investment Ltd
- SMC Global Securities Ltd
Manabendra Nath Sen, 00325699 (F D R no.)
Why no return of my deposited amount of Rs.200000/=after maturity on 11.01.2015 ?
Why no return of the amount after maturity on 28.01.2014 till date without any intimation?
Pl enlighten me as I got Rs. 200000/- with you .It matured on 28.01.2014 but it is not paid back till date.
You will need to follow up with the company. Write directly to them