New Investment Avenue: TATA Motors FD
UPDATE: TATA Motors FD rates to be reduced after April 15. CLICK HERE to know more…
TATA Motors Fixed Deposit offers yields upto 12.83 % p.a.
The details of the scheme are as follows:
SCHEME A - QUARTERLY INCOME PLAN*
Period
Minimum Amount (in Rs.)
Rate of Interest (p.a.)
1 Year
20,000
10.00%
2 Years
20,000
10.50%
3 Years
20,000
11.00%
* Monthly interest option available in case of deposits of Rs.1 lakh & above
SCHEME B - CUMULATIVE DEPOSIT PLAN
Period
Minimum Amount (in Rs.)
Rate of Interest* (p.a.)
Maturity Value (in Rs.)
Yield (p.a.)
1 Year
20,000
10.00%
22,076
10.38%
2 Years
20,000
10.50%
24,607
11.52%
3 Years
20,000
11.00%
27,696
12.83%
* Compounded …
