{"id":819,"date":"2011-09-24T05:08:06","date_gmt":"2011-09-23T23:38:06","guid":{"rendered":"http:\/\/www.apnaplan.com\/?p=819"},"modified":"2014-06-22T12:38:12","modified_gmt":"2014-06-22T07:08:12","slug":"hudco-public-deposit-scheme","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/hudco-public-deposit-scheme\/","title":{"rendered":"HUDCO Public Deposit Scheme"},"content":{"rendered":"<p style=\"text-align: justify;\"><a href=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2011\/10\/HUDCO_fixed_deposit_schemes.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-820\" title=\"HUDCO_fixed_deposit_schemes\" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2011\/10\/HUDCO_fixed_deposit_schemes.gif\" alt=\"HUDCO_fixed_deposit_schemes\" width=\"250\" height=\"195\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2011\/10\/HUDCO_fixed_deposit_schemes.gif 250w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2011\/10\/HUDCO_fixed_deposit_schemes-170x132.gif 170w\" sizes=\"(max-width: 250px) 100vw, 250px\" \/><\/a>Housing &amp; Urban Development Corporation Ltd. (HUDCO) is a public sector company fully owned by Govt. of India for financing of housing and urban infrastructure activities in India. HUDCO was incorporated on April 25, 1970.<\/p>\n<p style=\"text-align: justify;\"><strong>Features and Benefits of \u00a0HUDCO Public Deposit Scheme:<\/strong><\/p>\n<ul>\n<li>Credit Rating &#8216;tAA+(ind)&#8217; by FITCH and \u2018CARE AA+(FD)\u2019 by CARE<\/li>\n<li>Easy Liquidity &#8211;\u00a0Loan facility against Deposit (excluding deposits received u\/s 80C)<\/li>\n<li>Advance Interest Warrants (For HUDCO Regular Plus)<\/li>\n<li>No tax deduction at source from interest paid\/credited up to Rs.5,000\/- in a financial year.<\/li>\n<li>Interest compounded on quarterly basis<!--more--><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>HUDCO Regular Plus- Periodic Income Scheme:<\/strong><\/p>\n<table border=\"0\">\n<tbody>\n<tr align=\"center\" valign=\"middle\">\n<td><strong>Period (Months)<\/strong><\/td>\n<td><strong>Rate of Interest (%p.a.)<\/strong><\/td>\n<\/tr>\n<tr align=\"center\" valign=\"middle\">\n<td>12 &amp; 24<\/td>\n<td>9.40<\/td>\n<\/tr>\n<tr align=\"center\" valign=\"middle\">\n<td>36,48,60,72 &amp; 84<\/td>\n<td>9.10<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul style=\"text-align: justify;\">\n<li>Minimum deposit amount is Rs.50,000. \u00a0Additional amount in multiple of Rs.5,000.<\/li>\n<li>Interest compounded on quarterly basis.<\/li>\n<li>0.25% p.a. extra interest for deposits under HUDCO Regular Plus Scheme in each rate slab received from senior citizens of 60 years &amp; above age.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>\u00a0HUDCO Multiplier Plus &#8211; Cumulative Income Scheme:<\/strong><\/p>\n<table border=\"1\" cellspacing=\"1\" cellpadding=\"5\">\n<tbody>\n<tr align=\"center\" valign=\"middle\">\n<td><strong>Period (Months)<\/strong><\/td>\n<td><strong>Rate of interest (% p.a.)<\/strong><\/td>\n<td><strong>Maturity value for deposit of Rs.10,000<\/strong><\/td>\n<\/tr>\n<tr align=\"center\" valign=\"middle\">\n<td>12<\/td>\n<td>9.4<\/td>\n<td>10,974<\/td>\n<\/tr>\n<tr align=\"center\" valign=\"middle\">\n<td>24<\/td>\n<td>9.4<\/td>\n<td>12,042<\/td>\n<\/tr>\n<tr align=\"center\" valign=\"middle\">\n<td>36<\/td>\n<td>9.1<\/td>\n<td>13,099<\/td>\n<\/tr>\n<tr align=\"center\" valign=\"middle\">\n<td>48<\/td>\n<td>9.1<\/td>\n<td>14,332<\/td>\n<\/tr>\n<tr align=\"center\" valign=\"middle\">\n<td>60<\/td>\n<td>9.1<\/td>\n<td>15,682<\/td>\n<\/tr>\n<tr align=\"center\" valign=\"middle\">\n<td>72<\/td>\n<td>9.1<\/td>\n<td>17,158<\/td>\n<\/tr>\n<tr align=\"center\" valign=\"middle\">\n<td>84<\/td>\n<td>9.1<\/td>\n<td>18,774<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul style=\"text-align: justify;\">\n<li>Minimum amount of deposit is Rs.10,000. \u00a0Additional amount in multiples of Rs.1,000.<\/li>\n<li>Interest compounded on quarterly basis.<\/li>\n<li>0.25% p.a. extra interest for deposits under HUDCO Multiplier Plus Scheme in each rate slab received from senior citizens of 60 years &amp; above age.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>HUDCO Cash Certificate &#8211; Cumulative Income Scheme:<\/strong><\/p>\n<table border=\"1\" cellspacing=\"1\" cellpadding=\"5\">\n<tbody>\n<tr align=\"center\" valign=\"middle\">\n<td><strong>Period (Months)<\/strong><\/td>\n<td><strong>Deposit amount in(Rs.)<\/strong><\/td>\n<td><strong>Rate of Interest (%p.a.)<\/strong><\/td>\n<td><strong>Maturity value (Rs.)<\/strong><\/td>\n<\/tr>\n<tr align=\"center\" valign=\"middle\">\n<td rowspan=\"3\">36<\/td>\n<td>15,268<\/td>\n<td rowspan=\"9\">9.10<\/td>\n<td>20,000<\/td>\n<\/tr>\n<tr align=\"center\" valign=\"middle\">\n<td>22,903<\/td>\n<td>30,000<\/td>\n<\/tr>\n<tr align=\"center\" valign=\"middle\">\n<td>38,171<\/td>\n<td>50,000<\/td>\n<\/tr>\n<tr align=\"center\" valign=\"middle\">\n<td rowspan=\"3\">60<\/td>\n<td>12,754<\/td>\n<td>20,000<\/td>\n<\/tr>\n<tr align=\"center\" valign=\"middle\">\n<td>19,131<\/td>\n<td>30,000<\/td>\n<\/tr>\n<tr align=\"center\" valign=\"middle\">\n<td>31,885<\/td>\n<td>50,000<\/td>\n<\/tr>\n<tr align=\"center\" valign=\"middle\">\n<td rowspan=\"3\">84<\/td>\n<td>10,653<\/td>\n<td>20,000<\/td>\n<\/tr>\n<tr align=\"center\" valign=\"middle\">\n<td>15,980<\/td>\n<td>30,000<\/td>\n<\/tr>\n<tr align=\"center\" valign=\"middle\">\n<td>26,633<\/td>\n<td>50,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul style=\"text-align: justify;\">\n<li>Interest compounded on quarterly basis.<\/li>\n<li>Interest payment is subject to deduction of tax at source in all schemes.<\/li>\n<li>The effective interest rate of deposit would be the prevailing rate of interest applicable on the date of amount realisation.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>HUDCO Loans against the Fixed Deposit<\/strong><\/p>\n<p style=\"text-align: justify;\">The applicant can take the loan against the Fixed Deposits under the following schemes only:<\/p>\n<ol>\n<li>HUDCO REGULAR PLUS: PERIODIC INCOME SCHEME.<\/li>\n<li>HUDCO MULTIPLIER PLUS: CUMULATIVE INCOME SCHEME.<\/li>\n<\/ol>\n<p style=\"text-align: justify;\"><strong>Features of the Scheme:<\/strong><\/p>\n<ul>\n<li>The Depositor is entitled to a loan of 75% of the face value.<\/li>\n<li>The Depositor can avail this facility only after 3 months from the date of commencement of deposit.<\/li>\n<li>The interest charged will be 2% above the Interest being paid on the deposit.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Managers &amp; Brokers to the Scheme:<\/strong><\/p>\n<ol>\n<li>Alfresco Capital Markets Pvt Ltd<\/li>\n<li>Almondz Global Securities Ltd<\/li>\n<li>Bajaj Capital Ltd.<\/li>\n<li>Bhartia &amp; Co<\/li>\n<li>Brics Securities Ltd<\/li>\n<li>Eastern Financiers Ltd<\/li>\n<li>Edelwiess Capital Ltd<\/li>\n<li>ENAM Financial Consultants Pvt Ltd<\/li>\n<li>Esha Investment &amp; Trading Pvt Ltd<\/li>\n<li>H L Kapoor Financial Consultants Pvt Ltd<\/li>\n<li>HDFC Securities Ltd<\/li>\n<li>ICICI Securities Ltd<\/li>\n<li>J K Investment<\/li>\n<li>J M Financial Services Pvt Ltd<\/li>\n<li>Karvy Stock Broking Ltd<\/li>\n<li>R R Financial Consultants Ltd<\/li>\n<li>Real Growth Securities Pvt Ltd<\/li>\n<li>Security Investment Ltd<\/li>\n<li>Shri Balaji Investment Consultant<\/li>\n<li>SMC Global Secruties Ltd<\/li>\n<li>SMIFS Capital Markets Ltd<\/li>\n<li>SPA Merchant Bankers Ltd<\/li>\n<li>Stock Holding Corporation of India Ltd<\/li>\n<li>Trust Investment Advisors Pvt Ltd<\/li>\n<li>Western Securities<\/li>\n<\/ol>\n<p><strong>For more details download form below<\/strong><\/p>\n<p>{filelink=20}<\/p>\n<p style=\"text-align: justify;\">Website: <a href=\"http:\/\/www.hudco.org\/Site\/FormTemplete\/frmTemp1PLargeTC1C_P.aspx?MnId=222&amp;ParentID=0\" target=\"_blank\" rel=\"noopener\">HUDCO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Housing &amp; Urban Development Corporation Ltd. (HUDCO) is a public sector company fully owned by Govt. of India for financing of housing and urban infrastructure activities in India. HUDCO was incorporated on April 25, 1970. Features and Benefits of \u00a0HUDCO Public Deposit Scheme: Credit Rating &#8216;tAA+(ind)&#8217; by FITCH and \u2018CARE AA+(FD)\u2019 by CARE Easy Liquidity [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[195,30,2194],"tags":[201,209],"uagb_featured_image_src":{"full":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2011\/10\/HUDCO_fixed_deposit_schemes.gif",250,195,false],"thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2011\/10\/HUDCO_fixed_deposit_schemes-150x150.gif",150,150,true],"medium":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2011\/10\/HUDCO_fixed_deposit_schemes.gif",250,195,false],"medium_large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2011\/10\/HUDCO_fixed_deposit_schemes.gif",250,195,false],"large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2011\/10\/HUDCO_fixed_deposit_schemes.gif",250,195,false],"1536x1536":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2011\/10\/HUDCO_fixed_deposit_schemes.gif",250,195,false],"2048x2048":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2011\/10\/HUDCO_fixed_deposit_schemes.gif",250,195,false],"yarpp-thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2011\/10\/HUDCO_fixed_deposit_schemes.gif",120,94,false]},"uagb_author_info":{"display_name":"Amit","author_link":"https:\/\/www.apnaplan.com\/author\/admin\/"},"uagb_comment_info":0,"uagb_excerpt":"Housing &amp; Urban Development Corporation Ltd. (HUDCO) is a public sector company fully owned by Govt. of India for financing of housing and urban infrastructure activities in India. HUDCO was incorporated on April 25, 1970. Features and Benefits of \u00a0HUDCO Public Deposit Scheme: Credit Rating &#8216;tAA+(ind)&#8217; by FITCH and \u2018CARE AA+(FD)\u2019 by CARE Easy Liquidity&hellip;","_links":{"self":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/819"}],"collection":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/comments?post=819"}],"version-history":[{"count":0,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/819\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media\/820"}],"wp:attachment":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media?parent=819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/categories?post=819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/tags?post=819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}