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Mar 16, 2010

Cambay - Neesa Leisure Fixed Deposit Scheme @ 12.55%




Cumulative Scheme

Period
Minimum amount
Interest per Annum


6 months
25000
11.00%


1 year
25000
11.25%


2 years
25000
11.75%


3 years
25000
12.00%





Non Cumulative Scheme
Period
Minimum
Amount Payable on Maturity
Effective Yield
Amount(Rs)
per annum
6 mnths
25000
26394
11.46%
1 year
25000
27933
11.73%
2 years
25000
31516
12.28%
3 years
25000
35644
12.55%

Deposit Highlights
  • Minimum deposit amount is Rs. 25,000 only.
  • Additional amount will be accepted in multiples of Rs. 1000 only
  • There is no deduction of Tax at source on interest amount up to Rs. 5000/ - per annum
  • Nomination facility is available.
  • Interest to be calculated from the date of encashment of cheque / Demand Draft by Neesa Leisure Ltd.
  • 0.50% additional for Senior Citizen, Employees and investments amounting to or above Rs.5 lakhs
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