The Jaypee Group is a ₹ 20,000 crore well diversified infrastructural industrial conglomerate in India. The Group is a diversified infrastructure conglomerate with business interests in Engineering & Construction.
Cement, Power, Real Estate, Expressways, Fertilizer, Hospitality, Healthcare, Sports, Information Technology and Education.
The Jaypee Group offers retail savings solutions in the form of fixed deposits under schemes that feature competitive interest rates that serve to generate high returns on a depositor's savings.
They offer features such as compounding and non-compounding of interest rates to meet investors' liquidity and investment goals. Interest rates, while fixed for the chosen duration of the scheme, is set according to market movements of interest rates.
Any Indian individual, HUF or trust fulfilling KYC requirements can open an FD with Jaypee group.
The scheme tenure for Jaypee Group offered is six months to three years.
Yes, as per Income Tax Act any interest income from company deposits over ₹ 5,000 per person per financial year is taxable. A depositor not having PAN may submit form 15 G/H.
No, there is no maximum limit for Jaypee Group FDs.
To open an FD with Jaypee Group, eligible entities need to fulfil Know Your Customer requirements.
The minimum period for cumulative and non-cumulative is six months and one year, respectively.
Yes, in case you do not have PAN, you need to submit form 15G or form 15H as per Income Tax Act.
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