Features of NTPC Fixed Deposit Scheme:
- The deposit schemes of NTPC carry highest CRISIL rating “FAAA” which indicates highest safety regarding timely payment of interest and principal.
- Interest Rates Effective from September 24, 2010
Non Cumulative:
Scheme A: Quarterly Deposit Scheme | |
Period (Years) | Rate of Interest (p.a.) |
1 | 6.50% |
2 | 6.75% |
3 | 7.00% |
Minimum Amount: Rs 5,000 and thereafter multiples of Rs 1,000 |
Scheme B: Monthly Deposit Scheme | |
Period (Years) | Rate of Interest (p.a.) |
3 | 7.00% |
Minimum Amount: Rs 1,00,000 and thereafter multiples of Rs 1,000 |
Cumulative:
- Interest compounded @ 7% p.a. at quarterly rests. Effective annual yield 7.71% (Simple)
Scheme C: Cumulative Deposit Scheme | ||
Period (Years) | Minimum Amount (Rs) | Amount repayable on maturity (Rs) |
3 | 5,000 | 6,157 |
Scheme D: Cumulative Deposit Scheme | ||
Period (Years) | Amount Invested (Rs.) | Amount repayable on maturity (Rs) |
3 | 4,060 | 5,000 |
3 | 8,120 | 10,000 |
3 | 16,240 | 20,000 |
3 | 40,600 | 50,000 |
3 | 81,200 | 1,00,000 |
Website: NTPC Fixed Deposit Scheme
govt deposits required