Omaxe Limited Fixed Deposit Scheme – Jan 2013

Omaxe Limited, the NCR based real estate company is offering Fixed Deposit Scheme for 6 months to 3 years tenure offering 11.5% – 12.5% Annual Interest.

Scheme Highlights:

  • Minimum Amount of deposit to be accepted is Rs.25,000/- and in multiple of Rs. 1,000/- thereafter.
  • For Scheme A (Non Cumulative), interest will be compounded monthly and payable quarterly.
  • For Scheme B (Cumulative), interest will be compounded quarterly & paid on maturity.

Interest Rates:

Omaxe Ltd Fixed Deposit Scheme
Omaxe Ltd Fixed Deposit Scheme

Omaxe Limited – Company Highlights:

  • Omaxe started its journey as third party contractor in 1987.
  • It entered the Real Estate development business in 2001
  • Its listed in BSE & NSE since 2007
  • Its present in 12 states across 39 cities
  • Project area conceived 124 million sq. ft.
  • 19 Townships, 16 group Housing, 9 Commercial Malls/ hotels/SCO and 10 Infrastructure/ EPC Projects are under development

Why should you invest?

The company is offering attractive interest rate of 12.5% on certain tenures. Banks right now are offering in the range of 8.5% to 9.5%. Check best fixed deposit rates by banks here.

Why you should not invest?

Real Estate as a sector is in financial crunch due to drying liquidity. This might hamper the repayment capacity of Omaxe too.

10 thoughts on “Omaxe Limited Fixed Deposit Scheme – Jan 2013”

  1. i have invested Rs.5 lakh in Omaxe Fixed Deposit Scheme for one and two years respectively. Is it safe and secure. Suggest some more companies with rate interest of 12% p.a.

    1. Different companies have different channels for getting investment. Some companies provide online channel, while in others you can invest through your demat account. In case the online facility is not available you can contact your financial planner/ broker like Bajaj Capital, where you can give filled up forms. And if you want to do all by yourself, the best way is download the form from internet, fill up the form, attach relevant documents and cheque and send it to the postal address mentioned in the form.

  2. can u tell me if there is any broker of urs in Hyderabad to invest in ur company or any other way to invest being in Hyderabad

    1. I don’t know of any broker in Hyderabad. But you can contact the email given in the picture I have in the article above.

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