About JP ASSOCIATES :-
The Jaypee Group is an conglomerate based in Noida, India. It was founded by Jaiprakash Gaur which is involved in well diversified infrastructure conglomerate with business interests in Engineering & Construction, Power, Cement, Real Estate, Hospitality, Expressways, Sports & Education (not-for-profit).
Jaypee is India's third largest cement producer and the largest private sector hydropower company with 1,700 MW in operation. The Jaypee Group successfully completed projects in 18 states of India and Bhutan. Jaypee is the engineering and construction company for India's Yamuna Expressway, which opened 9 August 2012. JIL, the group flagship, has an engineering and construction wing which mostly supports Jaypee projects. It also has the largest land bank in India's National Capital Region, i.e., New Delhi. Jaypee has four thermal power plants totalling 5,120 MW under construction, and these are slated to go on stream by December 2014.
Interest Rates:-
Period
(Months)
Non Cumulative Scheme
Cumulative Scheme
Minimum
Amount
(Rs.)
Rate of Interest
(% P.A.)
Yield
Payable on Maturity
6
-
20000
21150
11.50
12
12.00
12.12
22536
12.68
24
12.25
12.37
25520
13.80
36
12.50
12.63
29044
15.07
Rating
NA
Monthly
(For Period > 12 months)
Resident Individual, HUFs.
