Thursday, April 30, 2009

TATA Nano Booking will give higher returns than FD -

If you book a Nano, and unfortunately not selected in the draw, do not despair as your booking amount will fetch you better returns than even a Fixed Deposit…..!!!!

This is how it will work…….

 

NEW EARNING AVENUE

 

SBI

Received rate (w.e.f. – 13.4.09)

By Booking a Nano

1 Year to 2 Years

7.75%

8.50%

2 Years to 1000 Days

8%

8.75% (Over 2 years)

This is because of Inflation cooling down to ground zero level, Banks have slashed their deposit rates and that’s why TATA Nano booking is fetching higher returns for your Deposits than FDs.

Booking for Nano opened on 9th April 2009. But Tata Motors will only be able to allot only 1 lakh cars in its first round. But for those who are not successful in getting the car in the first  round, have the option to retain their deposit on which Tata will pay an interest of 8.5% for people who have to wait between 1-2 years and 8.75% for over 2 years.

This is really great. You can fetch more Interest rate by using this option.

This is Amazing…….

Even if you don’t get TATA Nano car in the first round of booking, you can choose to wait for 1 year and at the same time you can earn more returns than FDs.

So Go for TATA FD Option…….!!!!!!!!!

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