a) Under both the schemes the minimum deposit amount is Rs.10000/-

b) Under Scheme 2 - [MMS Money Multiplier Scheme] the deposit amount along with interest accruing periodically will be paid at the end of the deposit period.

c) Application for fixed deposit shall be made in the prescribed form available at the Registered Office of the Company / Deposit Mobilisation Centres.

d) Application form only with Demand Draft / at par Cheques shall be forwarded to the Registered Office of the Company / Deposit Mobilisation Centres.

e) All cheques / Drafts must be crossed ‘A/c Payee’ drawn in favour of Tamilnadu Transport Development Finance Corporation Ltd. Name and address of the Depositor should be written on the back side of the cheque / draft. Draft charges will be borne by the Corporation. Alternatively DD favouring the Company may be taken after deducting DD charges payable at Chennai.

f) Application bearing the thumb impression of the depositor will be entertained only if the same is attested by TDFC Manager or Gazetted Officer and also annexed with a passport size photo.

g) Post dated cheques will not be accepted.

h) Senior Citizens have to produce Age Proof.

Why to Invest TDFC?
  • Wholly owned by Government of Tamilnadu
  • Registered with RBI as a Non Banking Finance Company vide Regn. No.07.00403
  • Operations fully computerized.
  • Making profit since inception (1975).
  • Interest Warrants are encashable at par at spefied centers in India.
  • Outstation repayment by Demand Draft at our Cost.
  • Loan facility is available against deposits.
  • Nomination facilities are available subject to the provisions of the RBI (Amendmant) Act 1997.
  • Trust can invest with TDFC under Sec.11(5)(VII) of the I.T.Act.