It is hereby communicated that with effect from 11th June, 2011, the Company would accept fresh deposits and also accept renewal of matured fixed deposits, as per the following revised rate of interest and terms and conditions.
Term Deposit (Non – cumulative only)Period Revised rate of interest per annum
1 Year 9.00
2 Years 9.25
3 Years 9.50%
Minimum Amount of Deposit:Rs.20000/- and Additional Amount in multiples of Rs.5000/-
0.5% p.a. additional interest for Senior citizen (Above 60 years) / Persons making a single deposit of Rs.5 lakhs and above subject to a maximum of 0.5% p.a.
Ravi Jhawar
Summer Intern-Technical Analyst
DENIP Consultants Pvt. Ltd.
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