About The company:
- Alembic Limited is a manufacturer & seller of Pharmaceutical products.
- Incorporated in 1907, the company is into pharma business since more than 100 years & has gone through various phases of evolution within the company , Non- Resident), Trusts, Companies & in the sector as well.
About The Deposits:
- In Non- Cumulative scheme, the interest warrants will be issued payable at par at selected centers across the country.
- Who can Apply: Individual( Both Resident & HUFs.
- Minimum Amount for both schemes is Rs. 50,000 & in multiple of Rs. 10,000 thereafter.
- Since min. amount of deposit is Rs. 50,000, thus Pan Card Photocopy of all the depositors is mandatory.
- The TDS as applicable will be deducted at source.
- The Debt programme is rated P1 by CRISIL.
Who Can Invest :
Resident Individual
| Tenure |
Cumulative Scheme *
- Yield % p.a. |
Non- Cumulative Scheme **
- Rate Of Interest % p.a. |
Min. Amt. |
Rating |
| 1 Year |
9.50% |
9.50% |
50,000 |
P1+ |
| 2 Years |
9.00% |
9.00% |
| 3 Years |
9.00% |
9.00% |
* Int compounded half yearly & paid on maturity
** Interest is paid on half yearly basis. |
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