WHAT WE PROVIDE ?

Fixed Deposit

Company FDs are more flexible and convenient when it comes to withdrawal of the deposited funds. Depositors can also avail loans against their fixed deposit is required if required. The interest payout can be monthly, quarterly, bi-annually and annually.

Reccuring Deposit

Recurring Deposit is a special kind of Term Deposit offered by Nidhi companies in India which help people with regular incomes to deposit a fixed amount every month into their recurring deposit account and earn high rate of interest.

Daily Deposit

Daily Deposit is a special kind of Term Deposit offered by Nidhi companies in India which help people with regular incomes to deposit a fixed amount daily into their daily deposit account and earn fixed rate of interest.

Saving Account

Saving money habit will improve the quality of life and will help you to feel better and to sleep better. One will be happier knowing he/she has some money aside or unexpected expenses and look forward to achieve some of their dreams.

WHY CHOOSE US ?

Why we're different

PFL is the "New Way of Your Savings"
PFL is continuously securing the society
PFL is formulated with the primary object
to carry on the business of accepting deposits
Belive in doing business with honesty

CELEBRATIONS

Prize Distribution 22-23

PFL always praises and motivate employees for Hardwork, Achieving Targets and their Contribution towards the Company growth.

Business Conference 22-23

PFL business conference was held in Jaipur for the financial year 22-23. During the conference, discussions were done on result and achievement for last two Quarters along with setting up of Next Quarter targets and achievements.

Deposit Interest Rates

S.No.	Interest Type	Date Effective	Amount	Rates For	12	24	36	48	60
1	NonCumulative Fixed Deposit	21 Nov 2022	5000.00 50000000.00	Other	8.46	8.94	9.41	9.87	10.32
1	NonCumulative Fixed Deposit	21 Nov 2022	5000.00 50000000.00	Senior Citizen	8.96	9.44	9.91	10.37	10.86
2	Recurring Deposit	21 Jun 2023	500.00 50000000.00	Other	8.00	9.00	10.00	10.50	11.00
2	Recurring Deposit	21 Jun 2023	500.00 50000000.00	Senior Citizen	8.50	9.50	10.50	11.00	11.50
3	Cumulative Fixed Deposit	21 Jun 2023	5000.00 50000000.00	Other	9.00	9.50	10.00	10.50	11.00
3	Cumulative Fixed Deposit	21 Jun 2023	5000.00 50000000.00	Senior Citizen	9.50	10.00	10.50	11.00	11.50

Saving Account Interest Rates

}

S.No.	Monthly Average Balance (Rs.)	ROI
1	10000	3.00%
2	25000	4.00%
3	50000	4.50%
4	75000	5.00%
5	100000	5.50%
6	125000	6.00%
7	150000	6.50%
8	175000	7.00%
9	200000	7.50%
9	225000 and above	8.00%

DDS Interest Rates

}

S.No.	Effective Date	Tenor	ROI
1	21 November 2022	6 Months	3%
2	21 November 2022	6 Months To 1 Year	6%
3	21 November 2022	1 Year To 2 Year	6.5%
4	21 November 2022	2 Year To 3 Year	7%
5	21 November 2022	3 Year To 4 Year	7.5%
6	21 November 2022	4 Year To 5 Year	8%

1. FD/RD are placed privately and not publicly.
2. This instrument is not transferable and non marketable except to the relatives of the holder.
3. Transfer of this instrument is required the permission of the company.
4. In case of premature claim before the 6 months from the issue date, there shall not be paid any interest, after 6 months and before maturity date pre matured charge will be @ 2.50% for panel interest, opted by the holder.
5. In case of premature claim before the maturity of Recurring Deposit or Daily Deposit, following charges will be levied, Maintenance Charges: Rs.1000 yearly, SMS Charges: Rs.600 yearly, Collection and IT Charges: Rs.400 yearly.
6. At the end of the term company will be release the redemption amount to the holder by cheque or electronic transfer in favor of the holder.
7. In case, the nominee claims the redemption amount, he/she shall have to produce the legal documents of his/her identity and an affidavit or a legal document proving the relationship with the holder.
8. In case of premature claim, the holder shall have to apply in written to the company in duly filled premature withdrawal form along with original certificate and receipts. Premature withdrawal may be permitted or refused by the company only and can not be claimed as a matter of right by the holder or nominee.
9. The interest shall be calculated annually and face value plus any interest that may have accrued is payable on redemption only.
10. In case of non claim, the holder or nominee can not claim the interest after 15 months period and company holds the principle amount and interest of 15 months and pay to the holder pr its nominee on claim without any further interest.
11. The redemption amount shall be returned to the nominee, in case of the death of the holder and nominee have to present the legal death certificate of the holder.
12. In case of non claim or the inactive the account of holder, the mature amount shall be kept reserve with the company and after the maturity date there shall not be paid any interest by the company.
13. Income tax deducted at source(TDS)-TDS on interest payment is applicable as per the income tax act, 1961. Tax once deducted at source will not be refunded by the company.
14. In case of any dispute, all the matters shall be entitled to the arbitration act 1996. The arbitrator shall be appointed by the company.