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Sahil Group introduces fixed deposit scheme with attractive interest rates | Ratekhoj.com, Best Fixed Deposits, Loans, Insurance Rates and Credit Cards


August 21, 2009. Sahil Group, a company involved in the Hospitality industry and setting up of spas and resorts, has launched a fixed deposit scheme to raise funds.

The company is offering fixed deposits with terms of 1 year, 2 years and 3 years.

The interest rate offered for fixed deposits with a term of 1 year is 11% with senior citizens being offered 11.25%.

The interest rate for a term of 2 years is 12% (seniors: 12.25%) and the depositors are being offered 12.50% (seniors also get 12.50%) for a term of 3 years.

 The minimum amount of deposit for these schemes is Rs. 10,000 with multiples of Rs. 5000 accepted beyond the minimum amount.

Interest on these schemes will be paid half-yearly in September and March.

More details on this scheme can be obtained from the Sahil Group website.




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