Premier Limited – Fixed Deposit Scheme

Premier Ltd – Engineering & Automotive segment company – engaged in the business of manufacturing and selling of CNC machines,heavy Engineering and vehicles.Premier limited has its registed office in Pune,corporate office in Mumbai and  branches across New Delhi,Chennai,Bengaluru & Kolkata.

Premier Ltd Fixed Deposit Scheme:

Premier ltd have reopened their Fixed Deposit scheme and interest rates ,other details are as follows.

Period Min FD Amount Interest Rates
3 Years Rs.25,000/- 11% p.a.Payable Quarterly.
  1.  Only non-cumulative deposit scheme.No cumulative option.
  2. Interest will be paid quarterly through NECS or at par cheques.
  3. Min FD amount Rs.25,000/- and additional amount in multiple of Rs.5000/-
  4. Link In Time is Registrar of scheme while Bajaj Capital is manager of fixed deposit scheme.

Premier – Profit view of last 05 years:(it may take few more seconds to load the graph)

Company have reported net profit of 70.91 crore in Q4FY13..which includes their one of the land deal in Mumbai.

Premier is one of the old company and I think investor may  invest small part of deposits in this deposit scheme.

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