For Quick Alerts
For Daily Alerts

With 8.25% Interest This Is The Best Monthly Income Plan


Retired individuals and those depending on monthly income have seen their income fall dramatically as interest rates have virtually collapsed. It is extremely difficult to get more than 4 to 5 per cent interest on monthly income deposits. However, here is a government deposit that offers 8.25 per cent interest annually where the interest is paid on a monthly basis.


8.25% From TN Power Finance and Infrastructure

The Tamil Nadu government owned TN Power Finance and Infrastructure is offering an annual interest rate of up to 8.25 per cent on deposits, where the interest is paid every month. This is a fantastic rate of interest and you are unlikely to fine an institution that matches these rates.

One can go for the quarterly interest rate plan as well where the amount of interest payable is 8.51 per cent per year.

Annual Interest rates offered for monthly disbursal of Interest from TN Power Finance and Infrastructure

TenureInterest rate
36 months8.0%
48 months8.0%
60 months8.25%

If you deposit a sum of Rs 25,000, you are likely to get an interest of Rs 171 every month on a sum of Rs 25,000.


Safety of the deposits of TN Power Finance and Infrastructure

Since these deposits are from a Tamil Nadu state government owned enterprise, the risks are almost zero. We believe that it is highly safe and the company has had a track record of accepting deposits for many years now.

With 8.25% Interest This Is The Best Monthly Income Plan

One can use the mobile app of the company to book and FD online. In fact, the company has a very good mechanism to open a fixed deposit online, where the instructions are very clearly set out.

The minimum amount of deposit that needs to be applied for is for a sum of Rs 25,000. There is also a fixed deposit calculator that one can make use of. A loan request against your fixed deposit can also be made online for the same.


Under the present low interest rate regime, we are unlikely to find any monthly income plan opportunity that offers an interest rate of 8.25 per cent. Apart from this, the deposits of Tamil Nadu Power Finance and Infrastructure Development are also very safe.

Investors who are looking for decent regular income can consider this as a very good option. Not only is there safety, but, the online facilities also makes it easy for managing and openings the account online.

About the author:

Sunil Fernandes has spent 26 years covering business and finance in India and abroad. Sunil has worked with frontline daily newspapers including Hindustan Times, Deccan Herald and Gulf Times. He has also worked with investment magazines like Dalal Street Investment Journal and Oman Economic Review. His forte remains stocks, commodities, debt, mutual funds and tax planning. Sunil is currently Managing Editor for

Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X