SRS Limited is an organisation that operates on four major verticals, namely retail, food & beverages, entertainment and jewellery. It started its operations in the year 2000 as a trading company known as SRS Commercial Company which dealt with fast-moving consumer goods.
Along with established malls and trading offices across India, SRS offers fixed deposit schemes with very attractive interest rates. SRS Limited made its foray into the financial markets with an IPO (Initial Public Offering) in August 2011.
SRS Limited currently has two types of fixed deposits that are offered to its customers -
The features and benefits of SRS Fixed Deposits are listed below -
The following basic eligibility criteria needs to be the following
The following ways can be chosen for applying for a fixed deposit account with SRS Limited -
Premature withdrawals are based on discretion of SRS Limited. Nominally, such withdrawals will not be entertained within the first six months.
Post the realisation of the cheque or draft, the receipt will be received by the depositor at the address mentioned in the application form. These receipts will be received within 21 days of cheque/draft realisation and will not be transferrable or negotiable. Duplicate receipts might be issued at the company’s discretion and at extra charges if the originals are lost or misplaced.
Changes in communication address or bank details should be made at least 30 days before the payment is due.
Yes, a total of three individuals can operate a joint account and the correspondence as well as deposit and payment information will be made to the person first in the order in the application form. In the event of the demise of the first, the natural order of last survivor will be applied for payment of the maturity amount.
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