NTPC Fixed Deposit Scheme

NTPC_Fixed_depositNTPC 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

One thought on “NTPC Fixed Deposit Scheme

  1. Narendra Surana says:

    govt deposits required

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