Wednesday, December 22, 2010

Fixed Deposits from Damodar Threads

 

Damodar Group is one of leading manufacturers and exporters of Cotton , Polyester and Polyester Blended Value Added Yarns. The group  specializes in manufacturing of Linen Like Yarns, Silk Like Yarns, Slub Yarns, Neps Yarns in 100 % Cotton, 100 % Polyester, Poly/Viscose and other special blends.  

The Group has been constantly expanding in various fields of yarns like Air Texturising, Yarn Dyeing, Multi Printed Space Dyed Yarns, Mono Filament Polyester Yarn, Textured Twisted Yarn.  

The Group has a widespread presence in India through its own offices and its agency network for marketing its products. In India the company is present in Mumbai, Bhilwara, Surat, Ichalkaranji, Delhi and other places.  

Damodar Group is well established in different textile markets across the globe .  They currently export to over 40 countries across Europe, South Africa, South America, Australia, Korea, Belgium, Singapore, Italy, Egypt and the Gulf countries.

The company is offering Fixed Deposits,  with durations ranging from 1 to 3 years,  as per the table below:

Period Rate of Interest
1 year 11 % p.a.
2 years 11.50 % p.a.
3 years 12 % p.a.

Employees of Damodar Group,   Senior Citizens (60+) and share holders will be given an additional 0.5%.

Deposits should be for a minimum amount of Rs 5000/- and in multiples of Rs 1000/- thereafter.

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