Get 11.00% p.a. (11.50% for Senior Citizen) with AAA rated DHFL Fixed Deposit

Now as the Banks have already started reducing the interest rates, the high interest rates may soon be a thing of past. We have observed that most of the corporate have also reduced the Fixed Deposit Rates but in few FD schemes the rate cut is expected in next few days..

Before the interest rate cut We are pleased to provide you an opportunity to invest in “Aashray Deposit Plus” Fixed Deposit Scheme from Dewan Housing Finance Corporation Ltd (DHFL). This has been rated AA+ by CARE & FAAA by BWR. This indicates high degree of safety and Excellent credit quality. Instruments with this rating are perceived to carry very low credit risk. Please find the other details of the fixed deposit below:

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Fixed Deposit Details:

For Individual
Period	Yearly (Non-Cumulative)	3 Years Cumulative Yield
3 Years	11.00% p.a.	12.25%
Senior Citizens, Widows, Armed Forces Personnel & Share Holders
Period	Yearly (Non-Cumulative)	3 Years Cumulative Yield
3 Years	11.50% p.a.	12.87%

Fixed Deposit Highlights:

·         Rated FAA+ by CRISIL and MAA+ by ICRA indicating high safety

·         Attractive interest rate of 11.00% p.a for 3 years

·         0.50% extra 11.50% for Senior Citizen, Widows, Armed Forces Personnel, Home loan borrowers and Share holders of Dewan Housing.

·         2^nd largest Housing Finance company in private and 3^rd largest in India and with an extensive network of 101 branches

·         Net Profit of over Rs.306 Cr for the year ended 31/03/2012

·         Company listed on BSE & NSE

·         Consistently making profits and paying dividends

Company Overview:

Over 27 years have passed since the company’s inception, today  DHFL arguably stands strong as the third largest housing finance company & the second largest housing finance company in the private sector, and is still profitably doing what its Founder intended it to do. It has got a purpose driven team of enthusiastic people who are willing to carry on the founder’s vision & transform the housing scenario in India by providing affordable housing finance.

Today, DHFL with its Corporate Office at Mumbai & 7 Zonal offices strives continually to reach out to its customers with strong nationwide presence in 217 locations (101 Branches, 70 Services Centers, 30 Camps & 123 Alliance Centers) spread across the length and breadth of the country. DHFL has also a tie – up leading Public Sector Banks such as Punjab & Sind Bank, United Bank of India, Central Bank of India to provide home loans to customers t hr ough a Joint Venture. DHFL has also setup up its representative offices at London & Dubai to serve the increasing NRI population in these regions. It has also tied – up with UAE Exchange to offer its home loan products t hr ough the various UAE Exchange centers in the GEC countries.

Financial Overview:

A Gross Income of over Rs. 2,469 Cr, Profit After Tax (PAT) of over Rs. 306 Cr and Asset size of Rs. 18,210 Crs. (as on 31.03.2012), it can be confidently said that DHFL and its vision did make good business sense and has contributed to changing the lives of more than 300000 customers.

DHFL is listed on BSE & NSE and has been rated CARE AA+, BWR FAAA & CRISIL P1 indicating high standards of business management.