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Tata Motors Limited invites deposits as per details given below:
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% |
| * Monthly interest option available in case of deposits of Rs. 1 lakh & above | ||
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% |
| * Compounded quarterly | ||||
-- Highlights --
- 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) 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 |
Registrars to the Fixed Deposit Scheme
LINK INTIME INDIA PVT LTD
BHANDUP : C 13, Pannalal Silk Mills Compound, LBS Marg, Bhandup (West), Mumbai 400 078. Tel: 022-2594 6960-4. Fax: 022-2594 6969.
FORT : 203, Davar House, Next to Central Camera Building, 197/199 D N Road, Fort, Mumbai 400 001. Tel : 22694127.
Forward correspondence / queries related to Fixed Deposits to tmlfd@linkintime.co.in
