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Visit http://indiaer.blogspot.com/ for complete details �� ��
Kindly note that Network18 and Television Eighteen have started accepting Fresh Deposits w.e.f 15th March’11 & they haveincreased the interest rate by 0.50%.
Scheme (A) – Non Cumulative
|
Scheme (B) – Cumulative
| ||||||||
Period
|
Minimum
Amount
|
Interest Rate % p.a.
|
Period
|
Minimum
Amount
|
Interest Rate % p.a.
|
Amount Payable on Maturity
|
Effective Yield %
| ||
OLD
|
NEW
|
OLD
|
NEW
| ||||||
6 Months
|
10,000
|
9.00 %
|
9.00 %
|
-
|
-
|
-
|
-
|
-
|
-
|
1 Year
|
10,000
|
11.00 %
|
11.50 %
|
1 Year
|
10,000
|
11.00 %
|
11.50 %
|
11,201
|
12.10 %
|
2 Year
|
10,000
|
11.00 %
|
11.50 %
|
2 Year
|
10,000
|
11.00 %
|
11.50 %
|
12,545
|
12.73%
|
3 Year
|
10,000
|
11.00 %
|
11.50 %
|
3 Year
|
10,000
|
11.00 %
|
11.50 %
|
14,051
|
13.50 %
|
v Interest is compounded quarterly.
v 0.50% p.a. additional interest for senior citizens
Network-18 & TV-18 Fixed Deposit:
· High attractive interest rate 11.50% p.a for 1 yr, 2 yrs, 3 yrs FDs.
· 0.50% p.a. additional interest for senior citizens.
· Minimum investment amount of just Rs. 10,000.
· A renowned Media Group broadcasting channels IBN 18, CNN-IBN, IBN 7, IBN Lokmat, Network 18, Colors, CNBC TV18, CNBC Awaaz etc.
· Profit After Tax (PAT) of over Rs. 1,982.23 Lakhs for 2009-10
· Rated MA-(Stable) by ICRA
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