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3rd December 2015, 04:48 PM
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Join Date: May 2012
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)


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