To become a household name for Housing Finance in
middle income groups.

Our Mission

Help more and more people to own their home.
We strive for quick and prompt service.

Deposits

The company accepts deposits from general public, companies, societies, associations, trusts etc. and offers very attractive rate of interest. At present, rate of interest offered ranges from 8.75% to 9.00% and the period from 1 to 10 years. The minimum amount of deposit is Rs.5,000 and is accepted in multiples of Rs.1,000 thereafter. Interest is paid monthly/quarterly/half-yearly/yearly on fixed deposits. Interest is computed on quarterly compounded basis on cumulative deposits. Interest is paid by way of post-dated warrants.

Period (months) Rate of Interest (per annum)
12 & 24 8.75 %
25 to 48 9.00 %
49 to 120 8.75 %
(rates w.e.f. 01/Feb/2017)

Cumulative Chart for the amount of Rs. 5000/-

Period (year) Maturity Amount (For Rs. 5000) Maturity yield (Average%)
1 5452.00 9.04
2 5945.00 9.45
3 6530.00 10.20
4 7138.00 10.69
5 7708.00 10.83
6 8405.00 11.35
7 9164.00 11.90
8 9993.00 12.48
9 10897.00 13.10
10 11882.00 13.76
Senior citizens and Trust are offered 0.25 % additional interest for all maturity periods.

Maturity & Yield chart for Cumulative Deposits