Features of JK Tyre & Industries Ltd Fixed Deposit Scheme:
- 0.50% additional Interest to senior citizen (above 60 years), employee, shareholders and person investing Rs. 5 lacs and above
- Minimum amount of deposit: Rs 20,000 and thereafter in multiples of Rs 5,000
Rate of Interest Applicable W.E.F. 15th January 2011
| Period (Years) | Scheme ‘A’ – (Non-Cumulative) | Scheme ‘B’ – (Cumulative) | |||
| Rate of Interest per annum (%) Payable quarterly | Rate of Interest Per Annum (%) Compounded Quarterly | Minimum Amount of Deposit ((Rs)) | Amount Payable on Maturity ((Rs)) | Effective yield per Annum (%) | |
| 1 | 9 | 9 | 20,000 | 21,862 | 9.31 |
| 2 | 9.25 | 9.25 | 20,000 | 24,014 | 10.03 |
| 3 | 9.5 | 9.5 | 20,000 | 26,507 | 10.84 |
You can get the complete details by downloading the form below.
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Website: JK Tyre & Industries Ltd Fixed Deposit Scheme