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DEPOSIT SCHEME


Can Fin Homes has the unique privilege of meeting the varied financial requirements of its customers, be it as a reliable home finance provider or as a competent fixed deposit accepting company. In this section, you will come to see that Can Fin Homes is truly a versatile and a customer-adaptive company having financial solutions that are designed with you in mind.

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Name of
Deposit Scheme

Basic or
key advantage

Ideal for

Fixed Deposit

This deposit allows for secured, long term income.

Retired people seeking secured, monthly/quarterly/half yearly/yearly income.

Cumulative Deposit

This deposit allows for steady growth of your money.

People wishing to get higher  yields by not seeking regular income.

Fixed Deposit Scheme for Senior Citizen

This deposit scheme is meant for senior citizen

Senior citizens to earn monthly income at a higher rate of interest.

Cumulative Deposit Scheme for Senior Citizen

This deposit scheme is meant for senior citizen

Senior Citizens to earn a much higher yield on account of  a higher interest rate

Canfin Trust Fixed Deposit scheme

This deposit Scheme is meant only for investments of Trusts

Trusts for earning higher interest than under Fixed Deposit scheme.

Canfin Trust Cumulative Deposit scheme

This deposit Scheme is meant only for investments of Trusts

Trusts for earning higher yield than under Fixed Deposit scheme.

 


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RATE ON INTEREST ON PUBLIC DEPOSITS W.E.F 01.12.2009

 

FIXED DEPOSIT SCHEME

FIXED DEPOSIT SCHEME 
 

PERIOD IN MONTHS
Upto Rs. 1 Cr.
Above Rs. 1 Cr
General Rates
For All Deposits
12 - 23
6.75%
6.25%
24 - 35
7.25%
6.25%
36 - 84
7.50%
6.25%
     
  • For those who require monthly / quarterly /half yearly/yearly interest payments.

  • Convenient mode of interest  payment through post dated cheques/credit to your bank account/by posting to your address as per your choice.

  • Convenient mode of interest receipts through post dated cheques.

  • Minimum deposit - Rs 10,000/-.

  • Maturity period 12 to 84 months.

  • Ideal for retired people seeking secured, regular incomes.

  • Interest may be paid on monthly- Quarterly/ Half yearly/Yearly Intervals

 

CUMULATIVE DEPOSIT SCHEME

CUMULATIVE DEPOSIT SCHEME

PERIOD IN MONTHS
Upto Rs. 1 Cr.
Above Rs. 1 Cr
General Rates
For All Deposits
12 - 23
6.75%
6.25%
24 - 35
7.25%
6.25%
36 - 84
7.50%
6.25%
     

 

  • Invest in this fixed deposit scheme for faster growth of your money.

  • This scheme requires that you invest or make a minimum deposit of
    Rs 5000/-.

  • The maturity period for this deposit would range between 12 to 84 months.

  • Ideal for gifting children.

FIXED DEPOSIT SCHEME FOR SENIOR CITIZEN

SENIOR CITIZENS DEPOSITS

PERIOD IN MONTHS
Upto Rs. 1 Cr.
Above Rs. 1 Cr
General Rates
For All Deposits
12 - 23
7.25%
6.25%
24 - 35
7.75%
6.25%
36 - 84
8.00%
6.25%
     
  •  Appliacble for persons above 60 years of age.

  •  Produce the document for age proof.

  • Special interest rate.

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CUMULATIVE DEPOSIT SCHEME FOR SENIOR CITIZEN

  •   Invest in this for faster growth of your money.

  •   Quaterly compounding

  •  Applicable for above 60 years of age

  •  Produce the document for age proof

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CANFIN TRUST FIXED DEPOSIT SCHEME

TRUST DEPOSITS Scheme

PERIOD IN MONTHS
Upto Rs. 1 Cr.
Above Rs. 1 Cr
General Rates
For All Deposits
12 - 23
6.75%
6.25%
24 - 35
7.25%
6.25%
36 - 84
7.50%
6.25%
     

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