Television Eighteen is accepting fixed deposits, under both cumulative and non-cumulative schemes, with annual yield upto 14.19%.
The Network operates several televison channels including CNBC-TV18, CNBC Awaaz, CNN-IBN, etc… and has interests in various entertainment and travel related properties such as bookmyshow.com, yatra.com, in.com etc…
Interest Rates (Scheme –A, non-cumulative)
| Period (months) | Min. amount | Rate of interest (%p.a.) |
| 6 | 10,000 | 9 |
| 12 | 10,000 | 12 |
| 24 | 10,000 | 12 |
| 36 | 10,000 | 12 |
Interest Rates (Scheme B, Cumulative)
| Period (years) | Min. Amount | Rate of Interest (% p.a.) | Amount payable on maturity (Rs.) | Effective Yield (%) |
| 1 | 10,000 | 12.00 | 11,255 | 12.55 |
| 2 | 10,000 | 12.00 | 12,688 | 13.34 |
| 3 | 10,000 | 12.00 | 14.258 | 14.19 |
Senior citizens and employees of Network 18, can avail of an additional interest of 0.5% p.a.
The fixed deposit scheme is rated MA-.
Application forms are available for download.
November 22: The company has reached it’s target of 8-10 crores from the public. The scheme is closed for the public. Shareholders can continue to invest in the scheme, against the target of Rs 50 crores, allocated for shareholders.
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