Hawkins Fixed Deposit Scheme
The Hawkins Cookers Company has introduced its own fixed deposit scheme for people looking to investment in corporate fixed deposits. The company offers a minimum tenure of 12 months and maximum tenure of 36 months.
The interest rates for this fixed deposit scheme varies between 7.5% to 8%.
Features of Hawkins Fixed Deposit Scheme
The various features of Hawkins fixed deposit scheme are given below:
Tenure | Minimum: 12 months Maximum: 36 months |
Deposit Amount | Minimum: Rs.25,000 |
Interest Rates | Minimum: 7.5% Maximum: 8% |
Interest Rates of Hawkins Fixed Deposit Scheme
The various interest rates of Hawkins fixed deposit scheme are given below:
Tenure | Interest Rates (p.a.) |
12 months | 7.5% |
24 months | 7.75% |
36 months | 8% |
Hawkins fixed deposit scheme is a great deposit scheme to invest in. It offers attractive interest rates compared to many nationalised banks. Hawkins fixed deposit scheme can be a relatively safe investment option, since the company has received an MAA (stable) grade from credit rating agency ICRA limited. However, before making any investment choices, investors should research about the scheme's terms and conditions.
FAQs on Hawkins Fixed Deposit
- What is the minimum and maximum FD tenure offered by Hawkins FD?
The minimum and maximum FD tenure offered by Hawkins is 12 months and 36 months, respectively.
- What is the minimum FD interest rate provided by Hawkins?
The minimum FD interest rates provided by Hawkins is 7.5%
- Is Hawkins Cookers Company safe?
ICRA has given the Hawkins Cooker FD an MAA (Stable) grade. High credit quality and low credit risk are indicated by such credit ratings.
- How do you use Hawkins Cookers FD?
To open your Hawkins Cookers FD account, you need to visit https://www.hawkinscookers.com/fd2021.aspx.
- What should be the minimum deposit amount to open an FD account at Hawkins?
You should deposit at least Rs.25,000 in your Hawkings FD account.
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