Personal Finance Blog India –

Network18 – Fixed Deposit Scheme

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:

  1. Investor can choose either Cumulative or Interest Payout option.
  2. In case of Interest Payout Option,interest will be paid at the end of each quarter i.e.March,June,September & December.
  3. Credit Rating Of Network 18 Fixed Deposit: MA- (MA Minus) by ICRA which indicates stable but with lower rank.
  4. Min Investment Amount: Rs.10,000/-.
  5. Senior Citizens & employees to get 0.50% Extra rate.

Click Here To Download application Form of Network-18 Fixed Deposit Scheme

Category: Fixed Income


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