Investors Relation

Fixed Deposit Scheme

Key Points

  • SIDBI's Fixed Deposit Scheme is rated 'AAA(FD)' by CARE indicating highest safety with regard to payment of principal and interest.
  • The detailed terms of the scheme are enumerated in the application forms which may be obtained from any of the offices of SIDBI.

Fixed Deposit Scheme

Eligible Depositors
  • Resident Individual
  • Minors.
  • HUFs.
  • Partnership firms
  • Companies
  • Bodies Corporate
  • Societies
  • Association of Persons
  • Nomination facility available on Single & Joint Deposits by Individuals.
  • TDS exemption for income upto Rs. 5000/-. Eligible investments for religious/ charitable trusts u/s 11(5) of I.T. Act,1961
  • Interest/ Redemption Cheques will be encashable “at par” in Depositor’s City/ Town.
  • Direct Credit of Interest to Depositor’s Bank Account through ECS, wherever facility available and requested by the investor.
  • Higher rates of interest for Senior Citizens.

Duration of Deposit

The minimum and maximum duration of the deposit is 12 and 60 months respectively. The deposits are accepted for a tenure in multiples of one month only.

Debenture Trustees

Deep Discount Bond Redemption

SIDBI has redeemed its Deep Discount Bonds Series-I on February 01, 2002 by exercising Call Option. Investors who are yet to redeem their bonds, may please contact us or our Registrar & Transfer Agent (RTA).

Details Of Debenture Trustees

Following are the contact details of the debenture trustees for SIDBI’s outstanding unsecured bond issuances under Rupee Borrowings:-

IDBI Trusteeship Services Ltd. (ITSL)

Asian Building, Ground Floor, 17, R. Kamani Marg, Ballard

Estate, Mumbai - 400 001

Contact: Mr. Ritobrata Mitra

Direct: +91 22 4080 7023

Mobile: +91 98922 58709

Fax: +91 022 6631 1776

Email: iitl[at]idbitrustee[dot]com; response[at]idbitrustee[dot]com

Website:www[dot]idbitrustee[dot]com

IDBI Trusteeship Services Ltd. (ITSL)

Asian Building, Ground Floor, 17, R. Kamani Marg, Ballard

Estate, Mumbai - 400 001

Contact: Mr. Ritobrata Mitra

Direct: +91 22 4080 7023

Mobile: +91 98922 58709

Fax: +91 022 6631 1776

Email: iitl[at]idbitrustee[dot]com; response[at]idbitrustee[dot]com

Website:www[dot]idbitrustee[dot]com

IDBI Trusteeship Services Ltd. (ITSL)

Asian Building, Ground Floor, 17, R. Kamani Marg, Ballard

Estate, Mumbai - 400 001

Contact: Mr. Ritobrata Mitra

Direct: +91 22 4080 7023

Mobile: +91 98922 58709

Fax: +91 022 6631 1776

Email: itsl@idbitrustee.com; response@idbitrustee.com

Website: www.idbitrustee.com

IDBI Trusteeship Services Ltd. (ITSL)

Asian Building, Ground Floor, 17, R. Kamani Marg, Ballard

Estate, Mumbai - 400 001

Contact: Mr. Ritobrata Mitra

Direct: +91 22 4080 7023

Mobile: +91 98922 58709

Fax: +91 022 6631 1776

Email: itsl@idbitrustee.com; response@idbitrustee.com

Website: www.idbitrustee.com

For FY 2019

MILESTONE TRUSTEESHIP SERVICES PVT. LTD.

402 A, Hallmark Business Plaza,

Sant Dnyaneshwar Marg, Opp. Guru Nanak Hospital

Bandra (E), Mumbai-400 051.

Contact: Vaishali Urkude

Direct: +91 22 67167082 Fax: +91 22 67167077

Mobile: +91 9867799208

vaishali[at]milestonetrustee[dot]in


During FY 2016-17 & FY 2017 - 18

SBICAP TRUSTEE COMPANY LIMITED

Apeejay House, 6th Floor, West Wing,

3, DinshawVachha Road, Churchgate,

Mumbai 400 020

www.sbicaptrustee.com

Contact: Shri Deepak Dhondye

(D) 022-43025514 (M) 8879150014

Fax : 022-22040465

deepak[dot]dhondye[at]sbicaptrustee[dot]com


Prior to FY 2016

AXIS TRUSTEE SERVICES LIMITED *

Ground Floor, E-Wing, Axis House,

Bombay Dyeing Mills Compound,

Pandurang Budhkar Marg, Worli,

Mumbai 400 025

www.axistrustee.com

Contact: Ms. Swati Borkar, Sr.Manager

(D) 022-62260068 / (M) 98195 36889

Fax : 022-43253000

swati[dot]borkar[at]axistrustee[dot]com

*Appointed as Successor Debenture Trustee in place All Bank Finance Limited (ABFL) w.e.f. November 30, 2017, since ABFL decided for relinquishment / resignation as Debenture Trustee (DT) and surrender of Trustee License to SEBI.