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Home > Aashray Deposit Plus – Trusts & Institutions

Aashray Deposit Plus – Trusts & Institutions

DHFL “Aashray Deposit Plus for Trusts / Institutions/ Societies/ Clubs & Associations” – High Returns, Safety, Liquidity
DHFL Aashray Deposit Plus Fixed Deposit scheme has exclusively designed a variant for Trusts, Societies, Clubs and Associations, offering high interest rate of 7.75%. DHFL Aashray Deposit Plus for Trust also offers Depositors Tax Exemption under Section 11 (5) (ix) of Income Tax Act, 1961.

DHFL Fixed Deposits are rated AAA (FD) by CARE and BWR FAAA by Brickwork and assure highest degree of safety regarding timely servicing of financial obligations and can be availed from any DHFL office present across 351 locations in the country.

Ratings

CARE AAA(FD)

Indicates highest degree of safety regarding timely servicing of financial obligations

BWR (FAAA)

Indicates highest degree of safety regarding timely servicing of financial obligations

Fixed Deposit Renewal Policy (w.e.f 5th May, 2017):

The interest on deposits ceases from the date of maturity. For renewal or repayment of deposit, the duly discharged deposit receipt must be surrendered to the company at least 5 days before the date of maturity. In case of renewal, the prescribed application form duly signed by all authorized signatories is required to be submitted simultaneously.

A depositor can renew the matured deposit anytime, provided the deposit has not been transferred to IEPF and provided the maturity date of the renewal deposit is atleast one year from the date of receiving the renewal request. The interest rate applicable on such renewal will be the interest rate as applicable on the date of maturity.

When the date of maturity falls on any day on which the company’s office / banks remains closed the repayment will be made on the next working day.


Features and Highlights of Aashray Deposit Plus For Trusts And Institutes

Highlights:

  • Safe, Secure Earnings of Short/ Medium/ Long term investment
  • Exclusively designed product for Trust with a tenure 13 months
  • Tax Exemption under section 11(5) (ix) of the Income Tax Act, 1961
  • Liquid Investments
  • Prompt / Timely payments
  • ECS facility for Interest Payments
  • Hassle free process


Interest Rates on Aashray Fixed Deposit Plus for Trusts & Institutes

Click here to know more about Aashray Deposit – Trust

Fixed Deposit Calculator

Click here to view Fixed Deposit Calculator

Download Forms

Click here to view download forms


For more details get in touch with us or just fill up the Enquiry form alongside.
Call toll free – 1800 22 3435 or SMS ‘DHFL’ to 56677 *Conditions apply.

Deposit rates are effective from 23rd Oct 2017.

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