Zenith Limited, incorporated in 1960 is a part of The Yash Birla Group. Its Steel Pipes Division located at Khopoli, 80 kms from Mumbai, went into production in a record time of eighteen months. This Division ranks as one of the pioneers amongst Steel Pipe manufacturers of India. Till 1971, Zenith manufactured Steel Pipes By ERW process. Thereafter, the manufacturing Process was converted to the latest technology of High Frequency Induction Welding (HFIW) process.
Besides, Steel Pipes Division, the Zenith Ltd. consists of an international Trading House, units Manufacturing intermediate products for industrial machines, textiles, chemicals etc. The company has 2 subsidiaries one each at Dubai & US which imports steel from India & distributes them locally.
Features and Benefits of Zenith Birla (India) Ltd. Fixed Deposit Scheme:
Interest Rate of Zenith Birla (India) Ltd. Fixed Deposit Scheme:
Scheme A: Non-Cumulative Scheme (Interest payable Half Yearly) | ||
Period (Months) | Minimum Deposit (Rs) | Interest Rate (p.a.) |
12 | 10,000 | 9.00% |
24 | 10,000 | 10.50% |
36 | 10,000 | 11.00% |
Scheme B: Cumulative Scheme (Interest compounded Half Yearly) | ||||
Period (Months) | Minimum Deposit (Rs) | Maturity Value (Rs) | Interest Rate (p.a.) | Effective Yield (p.a.) |
12 | 10,000 | 10,920 | 9.00% | 9.20% |
24 | 10,000 | 12,271 | 10.50% | 11.36% |
36 | 10,000 | 13,788 | 11.00% | 12.63% |
Managers & Brokers to the Scheme:
For more details download form below
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Website: Zenith Birla Fixed Deposit Scheme
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