Categories: Company Fixed DepositsFixed DepositFixed Income

Unitech Fixed Deposit Scheme

Company Profile: Unitech

Established in 1972, Unitech is amongst India’s leading builders, with an outstanding track record in large-scale, integrated real-estate development. Its India’s most geographically diversified real estate developer with properties in Gurgaon, Noida, Bangalore, Chennai, Kolkata, Lucknow, Mysore, Mohali, Ambala, Rewari and Bhopal. The land reserves of thousands of acres have some of the most premium apartments, luxury villas & well-planned townships in Noida, Gurgaon, Kolkata, Bangalore and Chennai. Unitech luxury homes are crafted and designed especially for the aficionados of luxury. Unitech residential developments span the entire value chain – from top-of-the-line luxury apartments in Noida to premium residential apartments in Gurgaon to affordable apartments (Unihomes) in 2nd tier cities like Ambala, Rewari and Bhopal.

Features and Benefits of Unitech Fixed Deposit Scheme:

Minimum amount of deposit to be accepted is Rs. 10,000 and in multiple of Rs. 1,000 thereafter
Additional interest of 0.5% p.a. for Senior citizens, employees, shareholders (minimum 100 shares) and customers of the company
Income Tax will not be deducted upto interest Rs. 5,000 in a Financial Year
Nomination facility available
Premature withdrawal permissible as per the statutory guidelines and at the discretion of the company

Interest Rate of Unitech Fixed Deposit Scheme:

Scheme A: Non-Cumulative Deposit Scheme (Interest Payable Quarterly)
Period (Years)	Minimum Deposit Amount (Rs)	Rate of Interest (p.a.)
1	25,000	11.00%
2	25,000	11.50%
3	25,000	12.00%

Scheme B: Cumulative Deposit Scheme (Interest compounded Monthly)
Period	Minimum Deposit Amount (Rs)	Maturity Amount (Rs)	Rate of Interest (p.a.)	Effective Yield (p.a.)
6 Months	25,000	26,375	11.00%	11.00%
1 year	10,000	11,157	11.00%	11.57%
2 Years	10,000	12,572	11.50%	12.86%
3 Years	10,000	14,308	12.00%	14.36%

Managers to the Scheme:

Bajaj Capital Ltd
R.R. Investors Capital Services Ltd
JM Financial Services (P) Ltd
Karvy Stock Broking Ltd
SMC Global Securities Ltd
Bharat Bhushan & Co.

For more details download form below

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Website: Unitech 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.