TATA Motors FD rates reduced after April 15
Post April 15, maximum Yield would be 11.5%
Tata Motors Ltd. has changed the rate of Interest on Fixed Deposit offered by them w.e.f. April 16, 2009… (Check out their earlier scheme here)
SCHEME A - QUARTERLY INCOME PLAN*
Period
Minimum Amount (in Rs.)
Rate of Interest (p.a.) till April 15
Rate of Interest (p.a.) after April 15
1 Year
20,000
10.00%
9.25%
2 Years
20,000
10.50%
9.50%
3 Years
20,000
11.00%
10.00%
* 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* …
