#1
3rd December 2015, 04:39 PM
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HUDCO Deposit Rates
I am making my MBA final year project on Housing and Urban Development Corporation Limited (HUDCO) want details related to this. Can you please tell me what the HUDCO Deposit Rates and tell me what types of fixed deposit schemes available?
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#2
3rd December 2015, 04:48 PM
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Re: HUDCO Deposit Rates
About HUDCO Housing and Urban Development Corporation Limited (HUDCO) is a government of India enterprise and also has the status of an ISO 9001:2008 certified organizations. HUDCO offers two kinds of fixed deposit schemes, Regular Plus Multiplier Plus Following are the key features of HUDCO that ensure depositors security- Safe investment schemes Large returns on investments Ease of liquidity Advance interest warrants (specific to Regular Plus Scheme) Quarterly compounded interest Following are the entities that are eligible for a HUDCO fixed deposit account- Individuals Companies Partnership firms Trusts and Foundations HUDCO Deposit Rates: HUDCO fixed deposit rates of interest begin at a minimum of 8.5% and go as high as 9.15% Minimum amount required to open fixed deposit account: For Regular Plus- The minimum amount required to open a fixed deposit account with HUDCO is ₹ 50, 000. This amount can be supplemented with additional deposits in multiples of ₹ 5, 000. For Multiplier Plus- The minimum amount required to open a fixed deposit account with HUDCO is ₹ 10, 000. This amount can be supplemented with additional deposits in multiples of ₹ 1, 000. Contact: HUDCO Bhawan, Core-7-A, India Habitat Centre, Lodhi Road, New Delhi - 110 003 Tel: 011-24649610-23, 24627113-15, 24627091, 92, 95 After Office Hours: 24648193-95 Fax: 011-24625308 CIN: U74899DL1970GOI005276 E-Mail: mail@hudco.org Working hours: 09:30 AM to 06:00 PM (Sat & Sun holidays) |