Jaypee Infratech Limited Fixed Deposit schemes where you can earn up to 15.07% on your cumulative deposits. The interest rate for this Jaypee Infra FD is almost the same as the Jaypee Associates Fixed Deposit schemes. Although this one is an entirely different fixed deposit offer from the Jaypee Group and this time it is from their infrastructure company.
About Jaypee Infra
Jaypee Infratech is one of the leading infrastructure company in India and have been undertaking all major infra projects in India like the Yamuna Expressway, integrated townships, industrial townships, and gets revenue via road toll tax and real estate, etc. The total market civilization of Jaypee Infratech Limited is Rs. 7444 crore with over 1.20 lakhs shareholders at fray.
The minimum investment that you can start with the Jaypee Infratech FD is Rs. 20,000 and in multiples of Rs. 1000 thereafter. The maximum amount that you can invest via their cumulative option is Rs. 10 lakhs. There are two schemes available with Jaypee Infratech Fixed Deposits namely non-cumulative deposits (Scheme A) and cumulative deposits (Scheme B). The non-cumulative is where you get interest paid back to you on a quarterly basis but is compounded monthly while with the cumulative deposits you get your interest paid only at the end of the term. The maximum terms available for investment with this Jaypee Fixed Deposit scheme is 36 months (3 years).
Non-cumulative deposits – Scheme A
12 months – 11.86%
24 months – 12.37%
36 months – 12.63%
Cumulative Deposits – Scheme B
6 months – 11.50%
12 months – 12.40%
24 months – 13.80%
36 months – 15.07%
If you are looking for a company fixed deposit scheme which helps you yield high interest but fixed income on your lump sum investment then you can try this Jaypee Infra Fixed Deposit Scheme. To invest contact your investment manager or contact your nearest Bajaj Capital office or just visit Jaypee Infratech website.