Kirloskar Electric Company Limited is one of the large Engineering and Manufacturing companies in India. Established in 1946, Kirloskar Electric ushered the Indigenous Electrical Manufacturing Industry in India.
Kirloskar Electric makes more than 70 products under 8 different product groups catering to core sectors of the economy like Power Generation, Transmission and Distribution, Industrial Power, Transportation, Renewable Energy, etc.
Kirloskar Electric Network of
• 9 Manufacturing Facilities for multiple products.
• 34 Sales offices spread across the country and 3 Offices abroad
• Wide network of 47 Spares Dealers and 100+ Service centers with 200+ Dealers enable the company to efficiently serve and advise the customers on suitable products, systems, services at competitive prices.
Kirloskar Electric Company is the first company to make Electric Motors in India.
The Kirloskar Group is back with Fixed Deposits, at attractive rates.
The company is offering two schemes (Non-Cumulative and Cumulative), with interest rates, as listed below:
| Non-Cumulative (interest payable quarterly) | Cumulative (interest payable on maturity) | |
| 1 Year | 11.5% | 11.5% |
| 2 Years | 12% | 12% |
| 3 Years | 12.5% | 12.5% |
The yield on a 3 year cumulative FD is 14.89% p.a.
The minimum investment is Rs 50000/- and in multiples of Rs 10000 thereafter.
Application forms are available for download.
Update : December 26: Deposit receipts are being sent, to depositors, whose applications were processed by Kirloskar on December 14, 2010.
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