Fixed and Recurring Deposit Schemes: Benefits

PACL India offers two types of investment schemes
  1. Instalment Payment Plans (IPP) in other words Recurring Deposit Plans
  2. Cash Down Payment Plans (CDPP) in other words Fixed Deposit Plans
Other benefits for an investor will be
  1. No Tax Deduction on the maturity value as the income is an AGRICULTURAL INCOME
  2. Provides 'Accidental Insurance Coverage' without any additional payment (activated after 60 days from the date of 1st term of the investment)
  3. Yields investor around 12% of interest if calculated in terms of interest
 
Period of Investments
 
  1. Instalment Payment Plans - Term of 66 months or 5 & 1/2 years with options of monthly, quarterly, half-yearly and annual deposit plans
  2. Cash Down Payment Plans - Terms ranging from 5 & 1/4 years (or) 7 years (or) 10 years with maturity values based on term chosen
 
Click on the attachments below to take a look at the plans available for investment
 
Ċ
CDP.pdf
(361k)
genuine savings,
Oct 6, 2008, 7:42 AM
Ċ
IPP.pdf
(376k)
genuine savings,
Oct 6, 2008, 7:42 AM
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