{"id":8313,"date":"2025-08-12T09:35:24","date_gmt":"2025-08-12T09:35:24","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/?post_type=banking&#038;p=8313"},"modified":"2025-08-12T09:35:24","modified_gmt":"2025-08-12T09:35:24","slug":"tn-govt-fd-scheme-characteristics-types-interest-rate","status":"publish","type":"banking","link":"https:\/\/lemonn.co.in\/blog\/banking\/tn-govt-fd-scheme-characteristics-types-interest-rate\/","title":{"rendered":"TN Govt FD Scheme\u00a0\u2013 Characteristics, Types, Interest Rate"},"content":{"rendered":"\n<p>Tamil Nadu Government offers deposit schemes such as the Tamil Nadu Power Finance and Infrastructure Development Corporation (TNPFC) FDs, which are guaranteed by the state government. Typical interest rates range between <strong>7&nbsp;% and 8&nbsp;%<\/strong>, and deposits often have tenures of 1 to 5&nbsp;years. The schemes may include cumulative and non\u2011cumulative options with monthly or quarterly interest payouts. Eligibility is generally open to resident individuals and HUFs. Consult the TNPFC website for the most up\u2011to\u2011date rates and scheme details before investing.<\/p>\n\n\n\n<h2 id='key-features-of-tn-government-fds'  id=\"boomdevs_1\" class=\"wp-block-heading\">Key Features of TN Government FDs<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Parameter<\/th><th>Description<\/th><\/tr><\/thead><tbody><tr><td>Interest rate (approx.)<\/td><td>7&nbsp;%&nbsp;\u2013&nbsp;8&nbsp;% (varies by tenure and option)<\/td><\/tr><tr><td>Tenure<\/td><td>1&nbsp;\u2013&nbsp;5&nbsp;years<\/td><\/tr><tr><td>Payout options<\/td><td>Monthly, quarterly or cumulative<\/td><\/tr><tr><td>Security<\/td><td>Guaranteed by Tamil Nadu State Government<\/td><\/tr><tr><td>Eligibility<\/td><td>Resident individuals and HUFs<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>These schemes appeal to conservative investors seeking sovereign\u2011backed safety. Always verify rates and ensure you understand the lock\u2011in conditions.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-8313","banking","type-banking","status-publish","hentry"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/banking\/8313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/banking"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/banking"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=8313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}