MMS Schemes
Money Multiplier Scheme (MMS)
Under MMS, the interest is compounded quarterly at the appropriate rate of interest and paid on maturity together with the
principal. The minimum amount of deposit acceptable is Rs.50000.
Interest Rates
REVISED RATES OF INTEREST W.E.F.18.01.2021
SCHEME – II MONEY MULTIPLIER SCHEME Minimum Deposit Rs. 50000/- |
||||||
---|---|---|---|---|---|---|
Others | Senior Citizen | |||||
Period (Months) |
Basic Rate p.a (%) |
Effective Yield p.a (%) |
Basic Rate p.a (%) |
Effective Yield p.a (%) |
||
12 | 7.00 | 7.19 | 7.25 | 7.45 | ||
24 | 7.25 | 7.73 | 7.50 | 8.01 | ||
36 | 7.75 | 8.63 | 8.25 | 9.25 | ||
48 | 7.75 | 8.99 | 8.25 | 9.66 | ||
60 | 8.00 | 9.72 | 8.50 | 10.46 |
Downloads
Terms Of Deposit
Why to Invest TDFC?