Indian Hotels FD @10%

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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 .
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