Big Opportunity: Get 8.25 percent interest every month, know the name of the government company
new Delhi. Interest rates are rapidly decreasing in the country from bank to post office. The situation has come that one year interest has gone down even below 5 per cent. In such a situation, if you want to get good interest, then you can take this advantage by getting FD in a government company. As far as SBI is concerned, here, where FDs of up to one year are getting interest of 4.9%, while FDs of 5 to 10 years are getting interest of 5.4%. At the same time, the post office is getting 6.6 percent interest in its famous monthly income scheme (MIS). In such a situation, it can be estimated how much can be availed by investing money in the FD of this government company. Let us know the name of this government company and how to get online and offline FDs in it.
Know the name of the company
The name of this company is TN Power Finance and Infrastructure Limited. This power sector company is owned by the Government of Tamil Nadu. People are being given an annual interest of up to 8.25 per cent on FDs in the company. On the other hand, the person making the FD has the facility that he can take this interest either in month, quarter, in 6 months or on completion of the year.
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Know the interest rates of non-cumulative fixed deposits
TN Power Finance & Infrastructure Ltd offers 2 to 5 year FDs under its non-cumulative fixed deposits (non cumulative fixed deposits). Interest ranging from 7.50% to 8.51% is being given on such FD. If the FD is a senior citizen, then half a percent interest is paid more.
Know the interest rates of the cumulative fix deposit
TN Power Finance and Infrastructure Limited is offering FDs ranging from 1 year to 5 years under its Cumulative Fixed Deposit (Cumulative Fixed Deposit) scheme. The company is offering interest rates ranging from 7.5% to 8.25% on these FDs. At the same time, senior citizens are being given half a percent more interest.
Know the interest on a non-cumulative FD of Rs 1 lakh
If a person makes a non-cumulative fixed deposit (non-cumulative fixed deposit) FD of Rs 1 lakh for 5 years in TN Power Finance & Infrastructure Ltd, he will get Rs 687 as interest every month. Apart from this, on completion of FD, Rs 1 lakh will be refunded.
Know how much interest will be paid on a cumulative FD of Rs 1 lakh
On the other hand, if a person makes a cumulative fixed deposit (cumulative fixed deposit) of Rs 1 lakh for 5 years in TN Power Finance and Infrastructure Ltd, he will get Rs 1,50,426 back after 5 years.
How much money can FD get
For FDs of TN Power Finance and Infrastructure Limited, a minimum FD of Rs 25,000 is required. On the other hand, if you want to get an FD of more than this, then after Rs 25,000, you can get an FD of any amount in the coefficient of Rs 1000.
How to get TN Power Finance FD
If you want to get FD of TN Power Finance and Infrastructure Limited, then you must have Aadhaar. With this basis, you can complete the process of opening your FD. If the FD-giver wants to give an address other than the one given in Aadhaar, then he will have to pay for it from passport, voter ID, driving license, ration card to telephone bill. This FD can be made online. If anyone wants to do this, they can click the link below.
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