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HUDCO
PUBLIC DEPOSIT SCHEME
SAFE
INVESTMENT - HIGH RETURNS - EASY LIQUIDITY
HIGHLIGHTS
- Advance
Interest Warrants (For HUDCO's Regular plus).
- HUDCO Public Deposit Scheme qualifies under Section
80C (2)(xvi)(a) of Income-tax Act, 1961. Accordingly, the deposits with minimum
lock in period of 5 years made under HUDCO Public Deposit Scheme will
qualify for deduction from gross total income upto Rs. 1,00,000/-.
- The above tax benefit is only for individual and HUF
investors.
- Tax Benefits
(Sec 80L, Eligible Under section 11(5)(ix) of Income Tax Act 1961,
Wealth Tax Exemption).
- Interest
Compounded on Quarterly Basis.
- Credit Rating “tAAA(ind)(SO)”
by FITCH and CARE AA + (FD) by CARE.
- No Tax
Deduction at source on interest income of Rs 5,000/- in a financial
year.
TYPES OF SCHEMES
HUDCO REGULAR PLUS- PERIODIC INCOME
SCHEME
HUDCO CASH CERTIFICATE SCHEME
GENERAL INSTRUCTIONS
REPAYMENT OF DEPOSIT & NOMINATION
FACILITY
LOAN AGAINST
DEPOSIT
APPLICATION
FORM
(YOU CAN DOWNLOAD THE FORM AND USE
IT)
HUDCO
NIWAS OFFICES
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