Phadnis Group Fixed Deposit Scheme

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:

Related Post
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

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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