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Jan 29, 2013

OMAXE LIMITED - Fixed Deposit Scheme - February 2013

 
OMAXE LTD is incorporated in the year 1989. The Company is presently engaged in the business of the Construction & Real Estate development, directly and through its subsidiaries and joint venture companies. The company has total 91 subsidiaries as of 31st March 2012 engaged in the business of the aforesaid. Presence of Company is in 12 States across 39 cities in India and 19 Townships, 16 Group Hosuing, 9 Commercial Malls/Hotels/SCO and 10 Infrastructure/EPC Projects are under development. The Company is Listed on BSE & NSE & the current Rate on NSE is Rs. 162/-. The PAT of the company for 2011-2012 is 62.90 crore."
 
The Fixed Deposit Rate of Interest: 
 
Scheme (A)- Non Cumulative (Quarterly)
Period
Minimum Amount (Rs.)
ROI (%)
Yield (%p.a.)
6 Months
25000/-
11.50
11.61
1 Year
12.00
12.12
2 Years
12.25
12.37
3 Years
12.50
12.63



Scheme (B)-Cumulative
Period
Minimum Amount (Rs.)
ROI (%)
Payable on Maturity (Rs.)
Yield (%p.a.)
6 Months
25000/-
11.50
26,472/-
11.78
1 Year
12.00
28,170/-
12.68
2 Years
12.25
31,900/-
13.80
3 Years
12.50
36,305/-
15.07


Deposit Highlights:
  • Deposit will be accepted only from Residents, HUFs, Association of persons, Registered Societies/ Trusts and Body Corporate.
  • Only Rs. 25,000/- as Minimum deposit amount.
  • Additional amount to be in the multiple of Rs. 1,000/- only
  • The deposit will be accepted for a period of 6 months, 1 year, 2 years and 3 years.
  • Cumulative Scheme – Interest to be calculated monthly and payable on maturity.
  • Non Cumulative Scheme - Interest to be calculated monthly and payable quarterly.
  • Interest to be calculated from the date of encashment of Cheque/ Demand Draft.
  • Nomination facility. 
  • Regular updates through SMS alerts.

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