Sunday, May 24, 2009

Fixed Deposits from Tata Motors

Want to still get 10% from fixed deposits? !! Checkout the fixed deposits from Tata Motors:

Investment Option I: Scheme A - Quarterly Income Plan*
PeriodMinimum Amount (in Rs)Rate of Interest (p.a.) till April 15, 2009Rate of Interest (p.a.) w.e.f April 16, 2009
1 Year20,00010.00%9.25%
2 Years20,00010.50%9.50%
3 Years20,00011.00%10.00%
* Monthly interest option available in case of deposits of Rs.1 lakh & above.
Investment Option II: Scheme-B Cumulative Deposit Plan
PeriodMinimum Amount (in Rs)Rate of Interest*(p.a)Maturity Value (in Rs)Yield (p.a.)*
till April 15, 2009w.e.f April 16, 2009till April 15, 2009w.e.f April 16, 2009till April 15, 2009w.e.f April 16, 2009
1 Year20,00010.00%9.25%220762191510.38%9.58%
2 Years20,00010.50%9.50%246072413111.52%10.33%
3 Years20,00011.00%10.00%276962689712.83%11.50%
* Compounded quarterly


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