05 December 2011

TV 18 Restarted accepting FDs at 11.5% p.a. (12.00% p.a. for Senior Citizen)

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Dear Investor,

Kindly note that TV-18 Broadcast Ltd. has restarted accepting Fresh Deposits w.e.f 2nd Dec’11 & they haveincreased the interest rate by 0.50%. & it’s closing on 7th Dec’11.


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 age above 60 Yrs.


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 leading business news & entertainment channels IBN 18, CNN-IBN, IBN 7, IBN Lokmat, Network 18, Colors, CNBC TV18, CNBC Awaaz, MTV, Vh1, Nick etc.

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