TATA Motors Fixed Deposit Plan
Investment Option I: Scheme-A Quarterly Income Plan
| Period | Minimum Amount (Rs.) | Rate of Interest (p.a.) |
| 2 Years | 20,000 | 8.00% |
| 3 Years | 20,000 | 8.75% |
Investment Option II: Scheme-B Cumulative Deposit Plan
| Period | Minimum Amount (Rs.) | Rate of Interest (p.a.) | Maturity Value (Rs.) | Yield (p.a.) |
| 2 Years | 20,000 | 8.00% | 23,433 | 8.58% |
| 3 Years | 20,000 | 8.75% | 25,930 | 9.88% |
Key Features -
- Additional amount of deposits will be accepted in multiples of Rs. 10,000/.
- Interest and maturity value payments are subject to deduction of tax at source, wherever applicable.
- Deposits will be accepted from Individuals, Minors (through Natural Guardians), Non Resident Indians on non repatriation basis (through NRO account only) and HUFs.
- Interest will be calculated from the date of realization of cheque and will be rounded off to the nearest Rupee.
- The Company reserves the right to offer better terms, including interest and brokerage, for deposits of Rs.25,00,000/- & above.
- 0.25% p.a. additional interest for senior citizens / Tata Motors shareholders / employees of Tata Motors and its Indian subsidiary companies.
For more information, please contact any one of the Main Brokers / Distributors viz.,
•Tata Capital
•ICICI Direct
•Kotak Securities
•Stock Holding Corporation of India
•JM Financial
•HDFC Securities
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