Under the cumulative option interest, one will get compounded quarterly and in non cumulative interest will be paid to depositor either monthly/quarterly BERAR Finance Limited has launched a special deposit scheme of 18 months where the rates of interest will be as good as 10 per cent per annum in cumulative and non cumulative options.
The scheme will close on September 30. Under the cumulative option interest, one will get compounded quarterly and in non cumulative interest will be paid to depositor either monthly/quarterly. Interest will be credited to investor account by electronic transfer every month. Berar Finance Limited is a rated company by ICRA ratings which is considered as investment grade rating as per Reserve Bank of India (RBI), informs a press release issued here.
The company has its head office at Mehadia Square, Dhontoli. Berar Finance Limited is one of the oldest non banking finance companies of city, which has earned trust of the citizen by their clean and clear dealings. Business of the company is spread across the states of Maharashtra, Madhya Pradesh, Chattisgarh, Telangana, Gujrat and Karnataka. For further details, interested may contact Lonkar on 09922912731 or Asarwari on 09011022063 or email on info@bereafinance.com
