Showing posts with label Company Deposits. Show all posts
Showing posts with label Company Deposits. Show all posts
Tuesday, March 24, 2009
TV18's Fixed Deposit scheme
Interest will be paid quarterly on 31st March, 30th June, 30th September, and 31st December
each year and is calculated on 365 days basis.
| Period | Minimum | Rate of |
| Months / Year | Amt. | Interest |
| 6 months | Rs.10,000.00 | 9.00 % |
| 1 yr | Rs.10,000.00 | 12.00% |
| 2 yrs | Rs.10,000.00 | 12.00% |
| 3 yrs | Rs.10,000.00 | 12.00% |
| SCHEME (B) CUMULATIVE | |
| Interest is compounded quarterly. | |
| Period | Minimum | Rate of | Amount Payable | |
| Amount | Interest | on Maturity | Yield % | |
| 1 yr | Rs.10,000.00 | 12.00 | 11,255.00 | 12.55% |
| 2 yrs | Rs.10,000.00 | 12.00 | 12,668.00 | 13.34% |
| 3 yrs | Rs.10,000.00 | 12.00 | 14,258.00 | 14.19% |
An additional interest of 0.5% per annum shall be given to the following categories:
(a) Team members of the Network18 Group. (b) Senior Citizens above the age of 60 years.
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