Media giant Network 18 have recently reopened their Fixed Deposit scheme since April 15, 2013.
Network18 has popular business channels like CNBC TV 18,CNBC AWAAZ,CNN-IBN,IBN-7,IBN-Lokmat,CNBC TV 18 Prime HD and polpular entertainment channels like COLORS,MTV,NICKELODEON,VH1,Comedy Central & History TV18.
Network18 is offering Fixed deposit for tenure of One year only and it can be considered to be open for short time span only.
NETWORK 18 – Fixed Deposit Interest Rates:
Tenure | Interest Rates | Amount Payable on maturity |
One Year | 11% | For Cumulative mode : Rs.11,146 |
Other Details-NETWORK 18 FD Scheme:
- Investor can choose either Cumulative or Interest Payout option.
- In case of Interest Payout Option,interest will be paid at the end of each quarter i.e.March,June,September & December.
- Credit Rating Of Network 18 Fixed Deposit: MA- (MA Minus) by ICRA which indicates stable but with lower rank.
- Min Investment Amount: Rs.10,000/-.
- Senior Citizens & employees to get 0.50% Extra rate.
Click Here To Download application Form of Network-18 Fixed Deposit Scheme