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Housing & Urban Development Corporation
Housing & Urban Development Corporation Ltd (HUDCO) is a public sector company fully owned by the Government of India for financing housing and urban infrastructure activities in India
Cumulatively, HUDCO has sanctioned 16,377 schemes involving a total project cost of Rs. 5,72,781 crore with loan component of Rs. 1,20,028 crore
Investment under HUDCO Public Deposit Scheme qualifies for deduction from gross total income up to Rs. 1 lakh under Section 80C (2) (xvi) (a) of the Income Tax Act, 1961
The FD has been assigned MAA by ICRA and AA+ by Care. The rating indicates a stable outlook for the company
HUDCO Multiplier Plus - Cumulative Income Scheme
Period (Months) Rate of interest
(% p.a.)
*Maturity value for deposit of Rs. 10,000/- *Maturity value of Senoir Citizen Deposit of Rs. 10,000/-
12 9.40 10974 (11000)
24 9.40 12042 (12101)
36 9.40 13215 (13312)
48 9.00 14276 (14416)
60 9.00 15605 (15797)
72 8.50 16564 (16809)
84 8.50 18018 (18329)
0.25% extra for senior citizen across all slabs
HUDCO Cash Certificate- Cumulative Income Scheme
Period (Months) Deposit amount in
(Rs.)
Rate of interest
(% p.a.)
Maturity value (Rs)
36 15135 9.40 20000
22702 30000
37837 50000
60 12816 9.00 20000
19224 30000
32041 50000
84 11100 8.50 20000
16650 30000
27751 50000
HUDCO Regular Plus Scheme
Period (Months) Rate of interest
(% p.a.)
Interest payable on minimum deposit of Rs. 50,000/-
Quarterly Half Yearly Yearly
12 9.40 1175 2378 4868
24 9.40 1175 2378 4868
36 9.40 1175 2378 4868
48 9.00 1125 2275 4654
60 9.00 1125 2275 4654
72 8.50 1063 2148 4387
84 8.50 1063 2148 4387