Company Profile: Lyka Labs Limited
The Company is presently carrying on the business of manufacture of bulk drugs and pharmaceutical formulations. The Company has its formulation divisions at Ankleshwar & Tarapur and Bulk Drugs division at Ankleshwar. The Company has its R & D centre at Mumbai. The Company has a subsidiary viz. LYKA BDR INTERNATIONAL LTD. which is engaged in export of pharmaceutical products.
Features and Benefits of Lyka Labs Limited Fixed Deposit Scheme:
- Minimum amount of deposit to be accepted is Rs. 10,000 and in multiple of Rs. 1,000 thereafter
- Additional interest of 0.5% for senior citizens
- 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 and at the discretion of the company
Interest Rate of Lyka Labs Limited Fixed Deposit Scheme:
Scheme A: Non-Cumulative Deposit Scheme (Interest Payable Quarterly/Half Yearly) | ||
Period (months) | Minimum Deposit Amount (Rs) | Rate of Interest (p.a.) |
6 | 25,000 | 10.00% |
12 | 5,000 | 10.50% |
24 | 5,000 | 11.00% |
36 | 5,000 | 12.00% |
|
Scheme B: Cumulative Deposit Scheme (Interest compounded quarterly) | ||||
Period (months) | Minimum Deposit Amount (Rs) | Maturity Amount (Rs) | Rate of Interest (p.a.) | Effective Yield (p.a.) |
24 | 5,000 | 6,212 | 11.00% | 12.12% |
36 | 5,000 | 7,129 | 12.00% | 14.19% |
Scheme C: Non-Cumulative Deposit Scheme (Interest Payable Monthly) | ||
Period (months) | Minimum Deposit Amount (Rs) | Rate of Interest (p.a.) |
36 | 50,000 | 12.00% |
Website: Lyka Labs Limited Fixed Deposit Scheme