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FOR ABSOLUTE SAFETY

&
ASSURED INCOME WITH
TN POWER FINANCE

REVISED INTEREST RATES ON DEPOSITS W.E.F. 20/07/2009

REGULAR INTEREST PAYMENT SCHEME (RIPS)


PUBLIC OTHERS
SENIOR CITIZENS (58 YEARS) INDIVIDUALS
Period(month Monthly Quarterly Annually Maximum Monthly Quarterly Annually Maximum Monthly Quarterly Annually Maximum
s) Deposit Deposit Deposit
Without Without Without
Tax Tax Tax
deduction at deduction at deduction
source source at source
(%) (%) (%) (Rs.) (%) (%) (%) (Rs.) (%) (%) (%) (Rs.)
24 - 8.56 - 58,000/- - 8.31 - 60,000/- - 7.55 - 66000
36,48 & 60 9.25 9.32 9.65 51,000/- 8.75 8.81 9.11 54,000/- 7.75 7.80 8.03 62000
Minimum 20000/- 10000/- 10000/- - 20000/- 10000/- 10000/- - 20000/- 10000/- 10000/- -
deposit in Rs.
Further deposits in Multiples of Rs. 1000/- Further deposits in Multiples of Rs. 1000/-

CUMULATIVE INTEREST PAYMENT SCHEME (CIPS - I) OTHERS


SENIOR CITIZENS (58 YEARS) INDIVIDUALS
Period Basic rate Effective Maturity Maximum Basic rate Per Effective Maturity Maximum Base Effecti Maturity Maximum
(months) Per annum Yeild (%) Value for Deposit annum (%) Yeild (%) Value for Rs. Deposit rate per ve
(%) Rs. 10000/- Without Tax 10,000/- Without Tax annum Yield
deduction at deduction at (%) (%)
source (Rs) source (Rs)
Value for Deposit
Rs. 10000 without tax
deductionat
source
12 8.00 8.30 10830 60200 7.75 8.03 10803 62200 7.50 7.76 10776 64400
24 8.50 9.23 11846 51900 8.25 8.94 11787 53700 7.50 8.06 11613 59700
36 9.25 10.61 13184 43000 8.75 9.96 12989 46100 7.75 8.69 12608 53300
48 9.25 11.14 14457 39200 8.75 10.43 14173 42200 7.75 9.05 13621 49300
60 9.25 11.70 15852 35800 8.75 10.93 15464 38700 7.75 9.43 14715 45700
Minimum deposit Rs. 10,000/- and further deposits in multiples of Re. 1/- Minimum deposit Rs. 10,000/- and
further deposits in multiples of Re. 1/-

CUMULATIVE INTEREST PAYMENT SCHEME (CIPS - II)


Rs. 647/- becomes Rs. 1000/- in 60 months
Minimum deposit Rs. 647/- and further deposits in multiples of Rs. 647/-

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