Categories: Fixed DepositFixed IncomePSU/Govt FD

NTPC Fixed Deposit Scheme

NTPC Limited (NTPC) is engaged in the generation and sale of bulk power to state power utilities. The Company other business includes providing consultancy, project management and supervision, oil and gas exploration, and coal mining.

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

Amit

Hi Readers! I am Amit, the mind behind Apnaplan.com I am MBA from NITIE, Mumbai and BIT from Delhi University. This blog is my online diary where I write about my tryst with my investment decisions. In the 400+ posts on this blog you will find articles on Personal Financial Planning, Investments, Retirement Planning, Insurance, Loans, Fixed Deposits, Provident Funds, Stock Markets, Gold, Silver, Real Estate Investment, Credit Cards, Credit Score, Taxation, Inheritance Planning and Reviews on various Financial Products.