SRS Real Infrastructure has revised its interest rate payable on fixed deposit (FD) with effect from February 01, 2013. The company has increased the interest rate on FD for tenor of 1 year from 11.50% per annum to 12% per annum.
Similarly, interest rate on FD for 2 years has been increased from 12% per annum to 12.25% per annum. Further, the interest rate on deposits for 3 years being the maximum remains unchanged.
SRS Real Infrastructure is presently engaged in the development and construction of over a dozen projects in the residential and commercial genres. With a land bank of approximately 500 acres, the real estate operations are spread across Faridabad, Greater Faridabad, Palwal, Rewari, Kurukshetra, Panchkula, Karjat (Mumbai).
