Categories: Company Fixed DepositsFixed DepositFixed Income

Omaxe Limited Fixed Deposit Scheme – Jan 2013

Omaxe Ltd Fixed Deposit Scheme

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 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.

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.

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View Comments

ritu gupta says:

October 31, 2013 at 1:15 pm

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.
aditya agrawal says:

October 15, 2013 at 1:10 am

how safe is the investment in omaxe FD's?
Aadhunik says:

April 26, 2013 at 6:35 pm

When we need to invest in Fd we go to bank, where do we go to invest in Company FD?
- Amit says:
  
  April 26, 2013 at 7:33 pm
  
  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.
sonal Jaiswal says:

February 4, 2013 at 7:00 pm

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
- Amit says:
  
  February 4, 2013 at 8:36 pm
  
  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.
Ravi says:

February 1, 2013 at 7:22 pm

Can you tell me the companies which offer FD rates of more than 12%
- Amit says:
  
  February 1, 2013 at 7:36 pm
  
  I would list don the same in few days.
Sneha says:

February 1, 2013 at 6:59 pm

Can we do this Omaxe FD Online?
- Amit says:
  
  February 1, 2013 at 7:24 pm
  
  No Omaxe does not offer its FD online.