| |
AS ON
30/04/08
NO OF
DEPOSITS
2,79,619 |
POWER
FINANCE
RATE OF INTEREST ON DEPOSITS.
|
AS ON
30/04/08
AMOUNT OF DEPOSIT
Rs. 2,782.56 Crores. |
REGULAR
INTEREST PAYMENT SCHEME |
Period
(Months) |
Rate
of interest per annum |
Monthly
(%) |
Quarterly
(%) |
Annually
(%) |
Maximum
Deposit
Without Tax
Deduction (Rs.) |
24 |
- |
9.58 |
- |
52,000/- |
36,48,60 |
10.00 |
10.08 |
10.47 |
47,000/- |
Minimum
deposit |
Rs.20,000 |
Rs.10,000 |
Rs.10,000 |
|
Further
deposits in multiples of Rs.1,000 |
|
CUMULATIVE
INTEREST PAYMENT SCHEME (CIPS I) |
SCHEME ' A ' (CIPS - I) |
Period
(Months) |
Maturity
value for Rs.10,000/- |
Effective
yield per
Annum
(%) |
Maximum
Deposit
Without Tax
Deduction
(Rs.) |
12 |
10,938/- |
9.38% |
53,000/- |
24
|
12,083/- |
10.42% |
45,000/- |
36 |
13,482/- |
11.61% |
39,000/- |
48
|
14,894/- |
12.23% |
35,000/- |
60 |
16,453/- |
12.91% |
32,000/- |
Minimum
deposit: Rs.10,000 and in multiples of Re.1 |
|
CUMULATIVE
INTEREST PAYMENT SCHEME 'B' (CIPS II) |
Period |
Minimum Deposit |
Maturity
Value |
Effective Yield per annum |
Maximum deposit without Tax
Deduction
(Rs.) |
60 Months |
Rs.608/- |
Rs.1,000/- |
12.91% |
Rs.32,000/- |
MINIMUM DEPOSIT Rs.608/- AND IN MULTIPLES OF RS. 608/- |
|
|
|
