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INDIAN HOTELS – Fixed Deposit

POINTS TO BE NOTED

1)Minimum Amt  - Rs 25000 /- & Multiples of RS 5000 / -

2)Pan required if yearly  interest cross its limit of RS 5000/-

3)To avoid TDS on interest submit form no

15H for Senior citizen age 65  & above

15G for other than Senior citizen

4)Chq/ DD should be drawn on " IHCL FIXED DEPOSIT "

For Int :ECS - Cancel chq reqd Compulsory.

DD Charges will be borned by investor

4) Period

2 Yrs - 9.50%

3 Yrs - 10%

0.25 % more for Senior Citizen / Shareholder / Employees

5)Deposits accepted from

Resident Individual, Minors ( thru natural guardians ) / HUF/

Registered Trust / Societies, Partnership ( In the name of partners)

6)With nomination , signs at 2places with 2 witness sign .