Tata Motors Limited
Highlights:
- Additional amount of deposits will be accepted in multiples of Rs. 10,000/-
- Interest and maturity value payments are subject to deduction of tax at source, wherever applicable.
- Deposits will be accepted from individuals, Minors (through Natural Guardian), Non Resident Indians on non repatriation basis (through NRO account only) and HUFs.
- Interest will be calculated from the date of realization of cheque and will be rounded off to the nearest Rupee.
- The Company reserves the right to offer better terms, including interest , for deposits of Rs. 25,00,000/- & above.
Scheme A : Quarterly Income Plan*
| Period | Minimum Amount Rs. | Rate of Interest (p.a.) |
| 2 Years | 20,000 | 8.00% |
| 3 Years | 20,000 | 8.75% |
*Monthly interest option available in case of deposits of Rs. 1 Lakh & above.
Scheme B: Cumulative Deposit Plan
| Period | Minimum Amount Rs. | Rate of Interest (p.a.) | Maturity Value (Rs.) | Yeild (p.a.) |
| 2 Years | 20,000 | 8.00% | 23,433 | 8.58% |
| 3 Years | 20,000 | 8.75% | 25930 | 9.88% |
* 0.25% p.a. additional interest for senior citizens/ Tata Motors Share Holders/ employee of TATA Motors and its Indian subsidiary companies.
Collection Centres:- Tata Capital Limited
- JM Financial Services PVT Ltd.
- Kotak Securities Limited
- ICICI Securities Limited
- HDFC Securities LTD
- Stockholding Corporation of India Limited.
