Feb 21, 2013

Ansal API - FIXED DEPOSIT SCHEME - 2013



ANSAL API One of the oldest and leading real estate developers in Northern India with a track record of over four decades in the real estate development business.
  • Operates in a range of business verticals such as Integrated Townships, Condominiums, Group Housings, Malls, Shopping/Commercial Complexes, Hotels, Clubs, IT- Parks and Infrastructure.
  • Developer of first shopping mall of NCR i.e. Ansal Plaza
  • Mall in South Delhi in 1999.Pioneering first revolving restaurant, first multiplex, etc in Delhi
SALIENT FEATURES :
•Interest on Deposits under Scheme "A" will be paid through ECS (Electronic Clearing Services), subject to deduction of tax at source, wherever applicable.
•Interest on Deposits under Scheme "B" is calculated, compounded monthly and shall be paid on maturity subject to deduction of tax at source, wherever applicable, along with the principal amount.
•Interest on Deposits under Scheme "C" will be paid through ECS (Electronic Clearing Services), subject to deduction of tax at source, wherever applicable.
•Nomination facility U/s. 58A(11) of the Companies Act, 1956 is provided under the scheme. Pre-mature withdrawal of deposits as per Rules, applicable.


Scheme "A" Quarterly Income Deposit
Period Minimum Amount (Rs.) Rate of Interest (Per Annum) Yield (Per Annum)
1 Year 1,00,000/- 12.00% 12.12%
2 Years 1,00,000/- 12.25% 12.38%
3 Years 1,00,000/- 12.50% 12.63%
  • Interest on Deposits to be compounded monthly but will be payable quarterly on 30th June, 30th September, 31st December and 31st march subject to deduction of Tax at source, wherever applicab
  • Additional Deposits will be accepted in multiple of Rs.1,000/- only.
  • Post dated interest cheques for each financial year will be sent in advance.
Scheme"B" Cumulative Income Deposit
Period Minimum Amount (Rs.) Amount Repayable on Maturity Rate of Interest (per annum) Yield (Per Annum)
6 Months 50,000/- 52945 11.50% 11.78%
1 Year 50,000/- 56341 12.00% 12.68%
2 Years 50,000/- 63802 12.25% 13.80%
3 Years 50,000/- 72609 12.50% 15.07%
  • Interest compounded monthly shall be paid on maturity along with principal amount subject to deduction of tax at source, wherever applicable.
  • Additional Deposits will be accepted in multiple of Rs.1,000/- only.

Scheme "C" Monthly Income Deposit
Period Minimum Amount (Rs.) Rate of Interest (Per Annum)
1 Year 1,00,000/- 12.00%
2 Years 1,00,000/- 12.25%
3 Years 1,00,000/- 12.50%
  • Additional Deposits will be accepted in multiple of Rs.1,000/- only.
  • Post dated interest cheques for each financial year will be sent in advance, subject to deduction of Tax at source, wherever applicable. Interest for fraction of month will be included with the interest of the next month.
  • The application for deposit must be on Company's prescribed application form.
  • Cheque(s)/ Draft(s) must be drawn on any Scheduled Bank favouring "ANSAL  PROPERTIES & INFRASTRUCTURE LTD." payable at New Delhi.
  • The Company will not accept or recognize any lien or assignment of the deposit or interest there on.
  • The Company reserves the right to reject any application for a fresh deposit or for renewal without assigning any reason.
  • The Company reserves the right to alter or amend from time to time without notice and without assigning any reason, any of the terms and conditions of the Deposit Scheme(s).
  • The Deposits will be subject to jurisdiction of NCT of Delhi.
  • Assuring you the best of services and looking forward to serve you.

    For more details get in touch with us, just fill up the Enquiry form Click Here or To apply Kindly indicate your interest on by Calling us at 0-9818269396, or email at info@safeinvestindia.com. We shall send you the Soft / Hard copy of application forms

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