This entry is part 14 of 15 in the series FD Rate

d10Premier Ltd has reopened their Fixed Deposit Scheme w.e.f. 11 May 2013 with following changes. 

Discontinuation of 1 & 2 years FD Scheme

No Cumulative Scheme is available

FD Rate

FD Rate Chart  Non Cumulative  Option 

PeriodMin. Amount Interest Rate % p.a.
3 Year25,00011.00%

 Notes :

  • Interest Rate prevailing on the date of realisation of cheque will be applicable
  • Interest will paid Quarterly  on , 30 th June , 30 Sep., 31 Dec., 31 Mar & on date of maturity of the Deposit.
  • Interest payment directly credited to furnished bank account details (ECS)
  • TDS is applicable will be deducted if interest income is more than 5000, however no TDS will be levied if a duly Form 15G/H  is submitted.
  • Pan Card Compulsory

Company Profile

Established in 1944, Premier Ltd. (Formerly know as The Premier Automobiles Ltd.) went on to become the pioneer of automobile manufacturing in India. Today, Premier Ltd. is on a constant growth curve, rapidly gaining stature in both its segments : Engineering and Automotive. The Engineering segment has two activities – CNC Machine Division and Engineering while the Automotive segment consists of Light Utility Vehicles and Sports Utility Vehicles. Originally based in Mumbai, Premier Ltd. relocated to its present, ultra-modern, ISO 9001 certified plant at Chinchwad, Pune. Spread over 27 acres, this plant now serves as the centralized research, development and manufacturing for all activities.

Engineering

Sensing the trend of the future for energy generation, Premier’s engineering division has turned a sharp focus on alternative energy sources – specifically, the wind energy sector. Accordingly, it went on to develop and manufacture cutting-edge wind turbine components for companies such as Enercon. In fact, Premier’s engineering division provides end-to-end solutions for wind turbine component manufacturing. This includes fabrication, machining, blasting and painting of wind turbine steel parts like disc rotors, stator rings, stator carriers, rotor housings and supporting structures.

Machine Tool

Premier’s CNC Machine Division has consistently distinguished itself by setting new benchmarks for industry excellence. Today, the company’s focus on high-end technology has resulted in a sophisticated line of CNC Machine Division.  Today, CNC Gear Cutting machines, Machining Centers, CNC Vertical Turning & Turn mill Centers and custom-built Special Purpose Machines bearing the trusted Premier label are regularly used by leading industries.  

Automotive

Premier gave India the ubiquitous Premier Padmini. Today, Premier’s automotive division has reentered the passenger vehicle segment with the launch of India’s first compact SUV – the RiO. Other products in the newly launched range of commercial vehicles designed specifically for Indian roads are : Sigma – a compact, multi-utility  van, and Roadstar – a highly versatile pickup truck.

 

How to Apply

Who can Apply

Residence Individual , Minor through their Guardians, Register Trust , Register Societies

Banking Details

Payment should be made by Account payee cheque / DD made payable to  ” Premier Ltd – FD  Collection A/c “ payable at center where the application is submitted.

Cash will not accepted.

Bank              :     

CMS Code   :      

Branch         :      

Account No:      

 

Interest Payment

Interest shall be payable Quarterly on 30th June, 30 Sep., 31 Dec., 31 Mar and as on maturity. 

KYC

For KYC Document :

Proof of Identity : Passport, Pan Card, Voter ID, Driving License

Proof of Address : Telephone Bill, Bank A/c Statement, Electricity Bill, Ration Card, Letter from Employer

Rating/Grade

  • Non rated  Fixed Deposit Product.
  • This is Fixed Deposit Scheme like any other non rated scheme.