Talbros Automotive Components Ltd. Fixed Deposit Rates

Talbros Automotive Components Ltd. was established as early as 1956 and is today a global corporation that has been providing high-quality products and services in the automobile sector. The company also offers fixed deposits to the general public. The FD scheme has received a credit rating of ‘FA - Stable’ from CRISIL.

Given below are the latest fixed deposits interest rates offered by Talbros:

Talbros FD rates

• The rate of interest paid by this Talbros ranges between 9.00% p.a. to 10.00% p.a.
• The highest FD rate offered by Talbros is 10.00% p.a. for an investment period of 3 years.
• For a 1-year Talbros term deposit, the rate applicable will work out to be 9.00% p.a. and for 2 years, the rate will be 9.50% p.a.

Other highlights

• Talbros offers both cumulative and non-cumulative fixed deposits for members of the general public - an investor can choose either one as per the interest payment requirement.
• There is no difference in the interest that is paid on cumulative and non-cumulative FD schemes. The only difference is that in the case of non-cumulative deposits is that the interest will be paid at regular intervals.
• As far as cumulative fixed deposits are concerned, the interest will be paid at the time of maturity along with the principal invested.
• In case of non-cumulative term deposits, interest will be paid on a quarterly basis on 1 1st January, 1st April, 1st July, and 1st October.