Sejal Architectural Glass Limited (SAGL), a leading player in the architectural glass solutions, as part of its strategic initiative to reach out to the masses, has introduced a fixed deposit scheme by inviting deposits from the public, shareholders and employees of the company.
SAGL will offer non-cumulative and cumulative fixed deposit schemes for a period of 1, 2 and 3 years bearing an interest of 11.5%, 12% and 12% per annum respectively. In the cumulative scheme the Company proposes to also launch a six monthly fixed deposit scheme @ 11% per annum. The minimum investment amount for its fixed deposit scheme will be Rs. 10,000/- and in multiples of Rs. 1,000/- thereafter.