Categories: Company Fixed DepositsFixed DepositFixed Income

Surya Pharmaceutical Limited Fixed Deposit Scheme

Surya Pharmaceutical Limited was established in 1992, with a vision towards Empowering Life and well being, and has rapidly emerged as the premier integrated pharmaceutical company in India. Its business focuses on the manufacture and marketing of pharmaceutical products and services to clients across the globe, and its product & services portfolio includes a range of Active Pharmaceutical Ingredients (APIs), Intermediates, Branded Ethical Formulations, Phyto Pharmaceuticals and Contract Research and Manufacturing Services.

The company is one of the largest manufacturers and exporters of Mint / Menthol derivatives and also manages state of the art research & development centres that offer the highest quality of Contract Research and Manufacturing Services. Over the years, Surya Pharmaceutical Limited has established a global footprint in fulfilling the requirements of clients across 90 countries.

Features and Benefits of Surya Pharmaceutical Limited Fixed Deposit Scheme:

Minimum amount of deposit to be accepted is Rs. 25,000 and in multiple of Rs. 1,000 thereafter
Post dated Principal amount cheque would be given in advance
Income Tax will not be deducted upto interest Rs. 5,000 in a Financial Year
The company reserves the right to vary terms for interests for deposits of Rs 5,00,000 and more
An additional interest of 0.25% shall be paid to the following category – Senior citizens, Shareholders and employees
Nomination facility available
Premature withdrawal permissible as per the statutory guidelines and at the discretion of the company

Interest Rate for Surya Pharmaceutical Limited Fixed Deposit Scheme:

Scheme A: Non-Cumulative Scheme (Interest payable Quarterly)
Period (Year)	Minimum Deposit (Rs)	Interest Rate (p.a.)
1	25,000	11.50%
2	25,000	11.75%
3	25,000	12.00%

Scheme B: Cumulative Scheme (Interest compounded Quarterly)
Period (Year)	Minimum Deposit (Rs)	Maturity Value (Rs)	Interest Rate (p.a.)	Effective Yield (p.a.)
1	25,000	28,001	11.50%	12.01%
2	25,000	31,516	11.75%	13.03%
3	25,000	35,644	12.00%	14.19%

Authorized Distributors & Brokers to the Scheme:

Bonanza Portfolio Ltd
Desai Investments Pvt Ltd
Pooja Investment & Financial Consultancy
Upendra Dalal Financial Services Pvt Ltd

For more details download form below

{filelink=27}

Website: Surya Pharmaceutical Limited Fixed Deposit Scheme

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.