Fixed Depsoits

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Fixed deposits are normally unsecured loans issued by corporates, banks , financial institutions and others.
The companies to fund their short term requirements or other financial requirements borrows from the general public and provides a better rate than the banks.
The company enters into a contract with the depositor, wherein the company has an
obligation to pay the interest payment & principal at a pre-determined time & at a pre- specified rate
The main difference between a fixed deposit and a bond is, the bonds are transferable instruments whereas fixed deposits are non transferable. Hence apart from interest earnings fixed deposits cannot offer capital appreciation as the same can be surrendered only to the issuer before its maturity.
In case of a premature withdrawal by the depositor, the depositor gets his capital back at a 1% lesser rate than the contracted rate. The premature withdrawal is only possible after a minimum holding of six months. The company fixed deposits in India are governed by the company law board and the Reserve Bank of India.

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Hari Murlidhar Bhagwat

Hanuman Road, Mumbai, Maharashtra
GST- 27AEVPB2087H1Z8
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Call +91-9867307182
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Product Description

Fixed deposits are normally unsecured loans issued by corporates, banks ,financial institutions and others.
The companies to fund their short term requirements or other financial requirements borrows from the general public and provides a better rate than the banks.
The company enters into a contract with the depositor, wherein the company has an
obligation to pay the interest payment & principal at a pre-determined time & at a pre- specified rate
The main difference between a fixed deposit and a bond is, the bonds are transferable instruments whereas fixed deposits are non transferable. Hence apart from interest earnings fixed deposits cannot offer capital appreciation as the same can be surrendered only to the issuer before its maturity.
In case of a premature withdrawal by the depositor, the depositor gets his capital back at a 1% lesser rate than the contracted rate. The premature withdrawal is only possible after a minimum holding of six months. The company fixed deposits in India are governed by the company law board and the Reserve Bank of India.
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Fixed Depsoits

About the Company

Legal Status of FirmSole Proprietorship (Individual)
Nature of BusinessService Provider
IndiaMART Member SinceMay 2014
GST27AEVPB2087H1Z8
We are a well established investment concern engaged in financial services including exclusive portfolio management and consultancy. We provide a wide range of financial products which cover within its ambit insurance, mutual funds and other financial products.
We are with life insurance corp. of India since last 9 years and proud to be multicrore agents each year in succession. Our service oriented approach, professionalism and personalized service has resulted in a network of very satisfied investors.
Growing need of other investment avenues and to give multiple investment options to our investors we have plunged into mutual funds investments full throttle with all the latest technology.
Have an excellent infrastructure to cater to the needs of our investors.
We not only work towards creating wealth for our investors but also preserving it.
Asset allocation being the most important part in any investment portfolio we package and plan your financial investment patterns understanding your income sources, liabilities and anticipated expenses.
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Hari M Bhagwat

B/7, Krishna Cottage
Hanuman Road
Mumbai - 400057, Maharashtra, India

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