Parsvnath Developers is a real estate company with operations in 16 states/45 cities and has a portfolio of residential/commercial complexes, hotels, SEZs, IT parks, BOT projects etc…
The company is offering fixed deposits schemes with durations upto 3 years, with yields ranging from 10% to 14.19%.
Scheme A (Non-Cumulative)
| Period | Rate of Interest (% p.a.) |
| 6 months | 10.00 |
| 1 year | 11.50 |
| 2 years | 11.75 |
| 3 years | 12.00 |
Minimum amount : Rs 20,000. Interest paid out quarterly, ECS option available.
Scheme B (Cumulative)
| Period | Rate of Interest (% p.a.) | Maturity Value of Rs 15,000 | Yield (% p.a.) |
| 6 months | 10.00 | 15,759 | 10.13 |
| 1 year | 11.50 | 16,801 | 12.01 |
| 2 years | 11.75 | 18,910 | 13.03 |
| 3 years | 12.00 | 21,386 | 14.19 |
Minimum Amount : Rs 15,000/-
An additional interest of 0.50% p.a. shall be given to employees of Parsvnath Group, shareholders of the company (holding a minimum of 100 shares) and Senior Citizens (65+ years).
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