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HUDCO FD Interest Rates |
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Re: hudco fd interest rates
As per your demand I will let you know more about Housing and Urban Development Corporation Ltd, Public Deposit Scheme and will also tell you fixed Deposit Scheme interest rates. Highlights 1. Safe Investment 2. High Returns 3. Easy Liquidity 4. Tax benefit under Section 80C (2) (xvi)(a) of Income-tax Act, 1961 for deposits with a minimum lock in period of 5 years 5. Tax Benefits – Trust deposits are specified investment under section 11(5) (ix) of Income Tax Act, 1961.No tax deduction at source from interest paid/credited up to Rs.5,000/- in a financial year. 6. Interest compounding on annual basis. Revision in Rate of Interest (W.E.F. 06th Jan ’17) Period of Deposit (Months) For Individual & HUF Depositors For Other Depositors (Company, Firm, Trust etc.) Period of Deposit (Months) Cumulative Scheme 12 7.00 24 7.00 36 7.00 48 6.75 60 6.75 Public Deposit Scheme Address:- Housing and Urban Development Corporation Ltd. HUDCO Bhawan, Core-7-A, India Habitat Centre, Lodhi Road, New Delhi - 110 003 Phone:- 011-24649610-23, 24627113-15, 24627091, 92, 95 |
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