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Launching Jaiprakash Associates Ltd Fixed Deposits


Last Updated:   Category: Banking    
Author: Member Level: Gold    Points: 5






JAI PRAKASH ASSOCIATES LTD (JAYPEE Group) was incorporated on 15th November 1995 and promoted by Shri Jaiprakash Gaur. Jai Prakash Associates Ltd is presently engaged in the business of Heavy Civil Engineering Construction, Cement and Real Estate & Hospitality.

The JAYPEE Group operates through its various subsidaries in different business segment such as Jaiprakash Hydro Prower Ltd, Jaiprakash Power Ventures Ltd, Jaypee Cement Ltd, Jaypee Power Grid Ltd, Jaypee Infrastructure Ltd and many more.


Highlights of Jai Prakash Associated Ltd

Engineering & Construction
Participated in 54% of Hydropower projects in the 10th Five Year Plan. Built largest underground surface powerhouse.

Cements
Jaypee Group is the 3rd Largest Cement producer in the country. To be an 32 Million Ton per Annum Cement producer by 2011.

Power
India's largest private sector hydropower producer. Slated to be a 4270 MW power entity by 2013.

Real Estate & Expressway
Constructing 165 km Noida - Agra, Yamuna Expressway. Constructing 1047 km Noida - Ballia, Ganga Expressway to develop 37 million square meter of Real Estate over the next decade.

Market Capitalisation
Market Capitalisation of around Rs 20,000 Crore. Over 4,15,000 satisfied shareholders and 27,000 Depositors.

Performance of Jai Prakash Associates LTD

Features of Jai Prakash Associates Ltd -- Fixed Deposits

1) Minimum Amount of Investments

Under Monthly Income Plan -- Minimum amount Rs 15,000 and additional amount of deposits will be accepted in multiples of Rs 1000.

Under Quarterly Income Plan & Cumulative Plan -- Minimum amount of Rs 10,000 and additional amount of deposits will be accepted in multiples of Rs 1000.

2) Rate of Interest


3) Who can apply?

1. Residential Individual(s) who may be either a single individual or not more than three individuals jointly, Minors (acting through their guardians)

2. Hindu Undivided Families (HUF) through their Karta.

3. Trusts

4) Documentation Required

PAN Card is Mandatory

Chq/ DD should be drawn on "JAIPRAKASH ASSOCIATES LIMITED A/C FIXED DEPOSIT"

The application forms have to be submitted only in JM Branches. The details of the JM Branches along with the contact details is attached below.

The regions where JM Branches are not located The application forms have to be submitted to the nearest JM Branch Locations.(JM Branch details is attached below. The Cheque should be at par or DD should be drawn (DD charges are borne by the Customer)


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Responses to "Launching Jaiprakash Associates Ltd Fixed Deposits"
Author: Nilespan    01 Oct 2009Member Level: Gold   Points : 1
Hi All,

WEF 01.10.2009 JP Associates has stopped taking fresh applications in Monthly Income Plan. Please make a note.



Author: Nilespan    21 Oct 2009Member Level: Gold   Points : 1
Hi All,

WEF 01.10.2009 JP Associates has stopped taking fresh applications in Monthly Income Plan. And Minimum Application Amount is now 20,000.
Please make a note.



Author: Nilespan    09 Nov 2009Member Level: Gold   Points : 1
Hi All,

JP Associates has stopped taking fresh applications in above Fixed Deposit Scheme.



Guest Author: mamta gupta     06 May 2014
Company is not sending my maturity cheque for my few FDs, My father who is of 80 years is also waiting for his money.


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