The Fixed Deposit Scheme from Jai Prakash Associates is back. The company had stopped accepting FD applications from the public since January and their schemes were open only to existing shareholders (with 100 shares or more).
After a gap of over 11 months, the FD schemes are again open to all.
The interest rates are lower, compared to the previous round.
| Period in months | Rate of Interest |
| 6 | 10.5% |
| 12 | 10.5% |
| 24 | 11.0% |
| 36 | 11.5% |
The minimum investment is Rs 20000/. Payment may be made via cheque to “Jaiprakash Associates Limited A/C fixed deposit”.
Application Form is available for download from the company web site.
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