DSK Developers Ltd. – Fixed Deposit Scheme

July 14, 2009

Fixed Deposit, Interest Rates

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DSK Developers is Pune based company accepting the Fixed Deposit from public and offering good interest rates. They are into the market for long time and have the good rating for their fixed deposit scheme. This article explores few of the key facts about this scheme. The following table shows the interest rates with period and maturity amount.

dsk-builders-fixed-deposit-rates

The interest rates offered by this company seems to be good compare to other corporate fixed deposits like Tata Motors and Mahindra Finance. If anyone has the experience with this scheme, please share with us.

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15 Responses to “DSK Developers Ltd. – Fixed Deposit Scheme”

  1. Pratap Says:

    Hi Krishna,

    Amidst the falling FD rates, I can’t believe my eyes when I see a 14+ % returns on investments.
    Are you sure there is no change in these interest rates.
    Further is there any option to invest online in these schemes

    Reply

  2. vinod Says:

    I am enjoing this interest rate and the service is very good. you get a post dated cheque within 4-5 days!! unbelivable but true!!
    if you read the details on there website you will come to know how they manage to give a large interest!! its a win-win for them and us!!

    Reply

  3. krishnas Says:

    HI Vinod,

    Thank you for the information. What is the interest rates you have deposited the money?

    Thanks,
    Krishna

    Reply

  4. Avinash Says:

    Hello Krishna,

    As I had already interacted with regarding DSK FD. I need more information from you and I am sure that you will help me out.

    1. Which documents I should check with DSK before investing them?
    2. I have copied below text from DSK FD application form. Could you please let me know more information on this?
    3. Can I file a case against them incase any one of my cheque would have been bounce (wrt below text)
    ===================================================

    All queries/complaints are to be addressed to the Registered office of the Company. In case of non repayment of the deposits or part there of as perthe terms and conditions of suchdeposit,
    the depositor may approach to the Company Law Board, at address given as under: Company
    lawBoard,WesternRegionBench,2ndfloor,NTCHouse,15NarottamMorarjeeMarg,Ballard

    Estate,Mumbai-400038.

    In case of deficiency of the Company in servicing its deposit, the depositor may approach the

    National Consumer Redressal Forum, the State Level Consumer forum or the District Level

    Consumer Forum for relief. Any disputes arising out of Acceptance of the Fixed Deposits is subject to the jurisdiction of the courts in Pune,Maharashtra.

    k) WE HEREBY DECLARE :

    1. That the Company has compiled with the provisions of the Companies (Acceptance of Deposits) Rules 1975, as amended;
    2. that the compliance with the said rules does not imply that repayment of deposits is guaranteed by the Central Government,
    3. that the deposits accepted by the Company are unsecured and rank pari passu with unsecured liabilities and,
    4. that the Company is not in default in the repayment of any deposit or part thereof and any interest thereupon in accordance with terms & conditions of such deposits.
    ===================================================

    Also could you please visit below link and check more information?

    http://www.moneycontrol.com/india/stockpricequote/constructioncontractinghousing/dskulkarnidevelopers/DSK

    Thanks
    Avinash

    Reply

  5. Shankar Says:

    Hi Vinod,
    I will like to know if there is any option to invest online in this FD. Also within what time will I get the hard copy of the FD after applying. Have any of your FDs with this company matured? Is there any hasstle that the investor has to face at the time of maturity?

    Regards,
    Shankar.

    Reply

  6. Shankar Says:

    Hi Vinod,
    I will like to know if there is any option to invest online in this FD. Also within what time will I get the hard copy of the FD after applying. Have any of your FDs with this company matured? Is there any hasstle that the investor has to face at the time of maturity?

    Regards,
    Shankar.

    Reply

  7. prince Says:

    How secure these FDs are? Even they are offering PDCs in advance for principal and interest amount, what will happen if cheques bounce?

    Reply

  8. prajot Says:

    I want to invest in DSK but i dont know how to interact with them. They have not mention any phone number to contact them. Can you please let me know about phone number or information?

    Reply

  9. krishnas Says:

    Hello Prajot,

    You can get contact numbers from their FD form here:
    http://www.dskdl.com/Fixed%20deposit%20form%20Final.pdf

    Thanks,
    Krishna

    Reply

  10. Sonia Minocha Says:

    Hello,

    I am planning to put some amount aside in MIP debt schemes of a top mutual fund company. Would you have any information to share on that?

    Regards,

    Sonia

    Reply

  11. shailendra Says:

    I would like to invest rs.500000/- in mutual funds.

    what will be the interest rate and how much will I get on maturity?

    Reply

  12. S. R. JOSHI Says:

    THE MAIN REASON TO KEEP FIXED DEPOSIT IN DSK GROUP IS “VISHWAS” 110%GUARANTEE OF REFUND ON DUE DATE. OVER AND ABOVE THE EXTREMELY ATTRACTIVE RATE OF RETURN. ALSO PROMPT AND PERSONALIZED SERVICES OF FD MANAGER – CHAITRALI DHARMADHIKARI.
    THANKS TO THE CHAIRMAN SHRI. D S KULKARNI SIR

    Reply

  13. hemant Says:

    respected sir please tell me how can invest money in ur fd schemes i want to invest some of 5 lac rs. pleae tell me my contact no is 9029946959

    Reply

  14. sanjeev dange Says:

    VERY RELIABLE GROUP FROM PUNE.CAN DO ANYTHING TO KEEP THERE WORDS & COMMITMENTS.ONE SHOULD OPEN F.D WITH COMAPNY & EARN GOOD RETURN & HELP REALLY GOOD PEOPLE.

    Reply

  15. prof. pritish kulkarni Says:

    many days before i enquired about fixd deposit plans. i am intrested in dat highly. bt i havnt receivd any reply til nw. pls contact me on my cel no. 9822557090

    Reply

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