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Kapol Tax
Saving Deposit Scheme
The Kapol Bank has introduced a new scheme vide which
you can not only deposit your amount and avails best interest rates but
also you can get the tax deduction, the details as below :-
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Investment upto Rs.1,00,000/-
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Period of Deposits : 5 years (Lock-in-Period)
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Tax Relief under Sec 80C of the Income Tax Act.
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Rate of Interest : 7.50% with quarterly rests.
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Interest is taxable
Deposit Scheme for 500 days
(monthly/Quarterly) introduced.
The rate of Interest -
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Special Deposit Scheme for 500 days
(monthly/Quarterly) introduced.
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The rate of Interest -
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@ 10.50% for Sr. Citizen
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@10.50% for General public
Term
Deposits
We are offering the following interest rates to the
deposits, as on 16/01/
2012 -
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Interest Rates |
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PERIOD OF TERM
DEPOSITS |
INDIVIDUAL,
CO-OP HSG. SOC & REGISTERED TRUST |
SR. CITIZEN |
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15 to 45 days |
5.00% |
5.00% |
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46 to 90 days |
6.75% |
6.75% |
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91 to 180 days |
7.50% |
7.50% |
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181 to Less than 12 months |
8.00% |
8.00% |
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12 months to 24 months |
9.25% |
9.75% |
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above
24 months - 36 months |
9.25% |
9.75% |
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above 36 months - 60 months |
8.25% |
8.75% |
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above 60 months |
8.00% |
8.00% |
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Fixed
Deposits
Under this scheme, you can deposit for various
periods ranging from 30 days to 72 months. Interest is paid on monthly / quarterly
/ half yearly / yearly basis, as desired by you.
Sanchay
Nidhi
Under this scheme you can deposit for any period from
12 months to 72 months. This is a reinvestment scheme, interest is
calculated on quarterly basis and compounded.
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