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
govt deposits required