Company Profile: Phadnis Group
Phadnis Group is a Pune based business house with focus on Hospitality, Real Estate, Infrastructure, Power, ITeS and Telecom.
Incorporated in 2003 as Sahil Group by Mr. Vinay Phadnis, a visionary who has a brilliant track record, having laid several prestigious projects, the group is moving strongly towards emerging as a leading player in hospitality and real estate development.
Tying up with various partners Phadnis Group is moving towards achieving excellence in each endeavour. Following a successful line-up of various projects in various sectors across India, Phadnis Infrastructure is all set to make a mark and contribute in the development of the nation as a whole.
Features and Benefits of Phadnis Group Fixed Deposit Scheme:
- Minimum amount of deposit to be accepted is Rs. 10,000 and in multiple of Rs. 1,000 thereafter
- Income Tax will not be deducted upto interest Rs. 5,000 in a Financial Year
- Premature withdrawal permissible on company discretion
Interest Rate of Phadnis Group Fixed Deposit Scheme:
| Option 2: Non-Cumulative Deposit Scheme (Interest Payable Monthly, Quarterly & Half Yearly) | |||
| Period | Minimum Deposit Amount (Rs) | Rate of Interest (% p.a.) | Rate of Interest (% p.a.) for Shareholders, Employees & Senior Citizens |
| 6 Months | 10,000 | 10.00% | 10.25% |
| 1 Year | 10,000 | 11.00% | 11.25% |
| 2 Years | 10,000 | 12.00% | 12.25% |
| 3 Years | 10,000 | 12.50% | 12.50% |
| Option 1: Non-Cumulative Deposit Scheme (Interest Compounded Monthly) | |||||||
| for General Public | for Shareholders, Employees & Senior Citizens | ||||||
| Period | Minimum Deposit Amount (Rs) | Maturity Amount (Rs) | Rate of Interest (% p.a.) | Effective Yield (% p.a.) | Maturity Amount (Rs) | Rate of Interest (% p.a.) | Effective Yield (% p.a.) |
| 1 Year | 10,000 | 11,157 | 11.00% | 11.57% | 11,185 | 11.25% | 11.85% |
| 2 Years | 10,000 | 12,697 | 12.00% | 13.49% | 12,760 | 12.25% | 13.80% |
| 3 Years | 10,000 | 14,522 | 12.50% | 15.07% | 14,522 | 12.50% | 15.07% |
For more details download form below
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Website: Phadnis Group Fixed Deposit Scheme Form
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