IFCI Family Deposits

IFCI Family Deposits

Highlights

Rating of 'Ind AA-(FD)' by Fitch Ratings India Pvt. Ltd. indicating high credit quality.
Adequate safety for Principal and Interest as indicated by 'CARE A+(FD)' rating from CARE.

Cumulative / Regular Income options for investment from 1 to 5 years.
Additional interest @ 0.25% p.a for deposit of Rs 10 lakh and above.
Premature withdrawal facility as per RBI guidelines.
Facility of deduction of demand draft charges applicable for deposits of 3 years and above.

Schemes

IFCI Cumulative Deposit
Period (Months)	Minimum Amount (Rs)	Maturity Value (Rs)	Yield(%) pa
12	10,000	11,010	10.10
18	10,000	11,576	10.25
24	10,000	12,266	10.75
36	10,000	13,769	11.25
48	10,000	15,318	11.25
60	10,000	17,234	11.50

IFCI Regular Income Deposit
Options	Annual Income		Semi-Annual Income
Period (Months)	Rate of Int (%) pa	Yield (%) pa	Rate of Int (%) pa	Yield (%) pa
12 - 23	10.10	10.10	9.85	10.09
24 - 35	10.75	10.75	10.45	10.72
36 - 47	11.25	11.25	10.95	11.25
48 - 59	11.25	11.25	10.95	11.25
60	11.50	11.50	11.20	11.51
Minimum Amount	Rs 10,000*		Rs 10,000*

* Additional amount in multiples of Rs 1,000/-

IFCI Regular Income Deposit
Options	Quarterly Income		Monthly Income
Period (Months)	Rate of Int (%) pa	Yield (%) pa	Rate of Int (%) pa	Yield (%) pa
12 - 23	9.75	10.11	9.65	10.09
24 - 35	10.35	10.76	10.25	10.75
36 - 47	10.80	11.25	10.70	11.24
48 - 59	10.80	11.25	10.70	11.24
60	11.00	11.46	10.95	11.52
Minimum Amount	Rs 10,000*		Rs 50,000#

* Additional amount in multiples of Rs 1,000/-
# Additional amount in multiples of Rs 10,000/-

About the Company

Incorporated in 1993.
Business carried on by the company is mainly project financing and financial services to industrial and service concerns in India.
Subsidiaries of IFCI are, IFCI Venture Capital Funds Ltd, IFCI Financial Services Ltd.