Jaypee Group Fixed Deposit Rates 2022

The Jaypee Group is a large business conglomerate operating that has interests in all major industries such as infrastructure, education, banking, hospitality etc. Jaypee Group offers fixed deposits of varying tenures and interest rates for all customers satisfying a minimum eligibility criteria.

You should know that fixed deposit rates are not static figures and are affected by prevailing market conditions, RBI lending rates, company policies, and other factors.

The table below shows the latest FD figures, updated in real-time i.e., whenever changes are announced by the company.

Jaypee Group Non-cumulative FDs

*Interest rates may be revised on a future date

Jaypee Group Cumulative FDs:

*Interest rates may be revised in the future

Jaypee Group FD rates

• Depositors can choose from a wide range of cumulative and non-cumulative term deposits
• Non-cumulative term deposits come with a tenure range of 1 year to 3 years and the interest rate varies from 12.00% p.a. to 12.50% p.a.
• For one-year FDs, the rate paid is 12.00% p.a. and for two-year FDs, the rate paid is 12.25% p.a.
• For all non-cumulative term deposits held for 3 years, the deposit rate applicable is 12.50% p.a.
• When it comes to cumulative term deposits, the interest yield ranges from 11.50% p.a. to 15.07% p.a.
• The highest rate of interest paid is for 3 years, where the deposit rate is 15.07% p.a.
• For a tenure of 2 years, the rate of interest paid is 13.80% p.a.

Features and Benefits of Jaypee Group Fixed Deposits

• For a period of six months, the maximum amount per investor is Rs.10 lakh in case of cumulative deposits.
• Interest payment can be done via electronic transfer.
• Nomination facility is available.
• The minimum amount of deposit is Rs.20,000.
• Premature withdrawal of fixed deposit is permitted as per the rules.

Types of Jaypee Group Fixed Deposits

Cumulative deposits: For deposits of one year and more, the interest is compounded every month in case of cumulative deposits. Investors can deposit a maximum amount of Rs.10 lakh for a time span of six months.

Non-cumulative deposits: In non-cumulative deposits, the interest amount for a quarterly income plan is compounded every month and payable on a quarterly basis.

FAQs on Jaypee Group Fixed Deposit Rates

1. What is the highest and lowest rate of interest on FD schemes by the Jaypee Group?

   The highest and lowest rate of interest on FD schemes by the Jaypee Group are 15.07% and 11.50%, respectively.

2. What is the minimum deposit amount?

   The minimum deposit amount is Rs.20,000.

3. Is the nomination facility available?

   Yes, the nomination facility is available.