Categories: Company Fixed DepositsFixed DepositFixed Income

Jaypee Infratech Limited Fixed Deposit Scheme

Company Profile: Jaypee Infratech Limited

Jaypee Infratech Limited (JIL) is an Indian infrastructure development company engaged in the development of the Yamuna Expressway and related real estate projects. JIL part of the Jaypee Group, was incorporated on April 5, 2007 as a special purpose company to develop, operate and maintain the Yamuna Expressway in the state of Uttar Pradesh, connecting Noida and Agra. The Yamuna Expressway is a 165-kilometre access-controlled six-lane concrete pavement expressway along the Yamuna river, with the potential to be widened to an eight-lane expressway.

The company also has the right to develop 25 million square metres (approximately 6,175 acres) of land along the Yamuna Expressway at five locations for residential, commercial, amusement, industrial and institutional purposes.

Features and Benefits of Jaypee Infratech Limited 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 Jaypee Infratech Limited Fixed Deposit Scheme:

Scheme A: Non-Cumulative Deposit Scheme (Interest compounded Monthly but Payable Quarterly)
Period (Months)	Minimum Deposit Amount (Rs)	Rate of Interest
12	20,000	11.75%
24	20,000	12.25%
36	20,000	12.50%

Scheme B: Cumulative Deposit Scheme (Interest compounded Monthly)
Period (Months)	Minimum Deposit Amount (Rs)	Maturity Amount (Rs)	Rate of Interest	Effective Yield
6	20,000	21,150	–	11.50%
12	20,000	22,480	11.75%	12.40%
24	20,000	25,520	12.25%	13.80%
36	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

Amit

Hi Readers! I am Amit, the mind behind Apnaplan.com I am MBA from NITIE, Mumbai and BIT from Delhi University. This blog is my online diary where I write about my tryst with my investment decisions. In the 400+ posts on this blog you will find articles on Personal Financial Planning, Investments, Retirement Planning, Insurance, Loans, Fixed Deposits, Provident Funds, Stock Markets, Gold, Silver, Real Estate Investment, Credit Cards, Credit Score, Taxation, Inheritance Planning and Reviews on various Financial Products.

Next Apartment Prices in Ghaziabad »

Previous « National Housing Bank (NHB) Tax Saving Term Deposit Scheme

View Comments

A.V. Ramaswamy says:

March 20, 2017 at 11:57 am

My FD of Rs. 2,5 lakhs matured on 07/09/2015, but no repayment till to date and no response either from the company
usha says:

May 5, 2016 at 3:03 pm

my fd has matured in may 2015..but no repayment till now..what to do
Rajendra kumar Sharma says:

February 28, 2016 at 10:31 pm

Rajendra kumar Sharma my fd has been completed in October 15. But no return my money till now. I want to no about this. Reply.
Gunjan K says:

August 17, 2012 at 11:45 am

Hi Team,

I want to know about the credit rating of the Jaypee Infratech for 2012 for the investment purpose.