LIC Housing launches new deposit scheme

Written By Unknown on Jumat, 09 Agustus 2013 | 10.56

LIC Housing Finance on Thursday launched a public deposit scheme christened as "Sanchay" on its new online IT platform. Retail depositors as well as non-resident Indians, Hindu Undivided Families and companies can park their funds in the scheme.

Moneycontrol Bureau

LIC Housing Finance on Thursday launched a public deposit scheme christened as "Sanchay" on its new online IT platform. Retail depositors as well as non-resident Indians, Hindu Undivided Families and companies can park their funds in the scheme.

Also read: RBI takes further step to stem rupee's slide against USD

The term period for deposits ranges from one to five years with minimum amount of Rs.10,000 and thereafter in multiples of Rs. 1,000. In the cumulative scheme, the interest accumulated with half-yearly rest will be paid on maturity and in the non-cumulative scheme the interest will be paid on a half yearly basis i.e. March 31 and September 31.

The rate of interest ranges from 8.75 percent to 9.50 percent for general public for period ranging from 1 year to 5 years. For senior citizens, additional 0.10% is offered for deposits upto Rs.50,000 and 0.25 percent for deposits of Rs.51,000 and above.

The scheme was launched at the hands of Sushobhan Sarker, MD, LIC of India in the presence of V K Sharma, MD & CEO of LIC HFL.  


Anda sedang membaca artikel tentang

LIC Housing launches new deposit scheme

Dengan url

http://sehatkafein.blogspot.com/2013/08/lic-housing-launches-new-deposit-scheme.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

LIC Housing launches new deposit scheme

namun jangan lupa untuk meletakkan link

LIC Housing launches new deposit scheme

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger