TNPFIDCL FD Interest Rates

TNPFIDCL Fixed Deposit Highlights

TNPFIDCL Fixed Deposits offer attractive FD interest rates across tenures for both regular and senior citizen investors. 

Note: FD interest rates as of 1 November 2025

Fixed Deposit Interest Rates of TNPFIDCL

Cumulative Deposit Interest Rates for Residents and Non-residents

Non-cumulative Deposit Interest Rates for Residents and Non-residents

Comparison of Top 20 Scheduled Banks Based on FD Rates

Types of TNPFIDCL Fixed Deposit

Cumulative Fixed Deposit

• The minimum investment is ₹1,00,000.
• Available to residents and non-residents.
• The deposit tenure ranges from 1 year to 5 years in the case of residents and 3 years in the case of non-residents.
• The applicable FD interest rate is paid only on maturity. 
• Eligible for persons 18 years or older and organisations.
• Maturity proceeds are deposited in the registered bank account by way of electronic transfer or by cheque on request.

Non-Cumulative Fixed Deposit

• Minimum investment starts at ₹1,00,000, with additional deposits accepted in multiples of ₹1,000.
• Available for both residents and non-residents.
• Deposit tenure starts from 2 years and extends up to 5 years for residents and 3 years for non-residents.
• Interest is paid quarterly for 2-year deposits and monthly, quarterly, or annually for deposits with tenures of 3 to 5 years and credited through ECS or NEFT.
• The maturity proceeds are deposited into the registered bank account either by electronic transfer or by cheque upon request.

Documents Required for TNPFIDCL Fixed Deposit

For individuals:

• Photograph
• PAN card
• Aadhaar card
• Cancelled cheque

For institutions:

• Registration certificate
• Address proof
• Authorised signatory proof
• Authorisation letter
• Cancelled cheque

Additional address proof (if required):

• Passport, voter ID, driving licence, or ration card.
• Recent telephone, electricity, or water bill
• Scheduled bank account statement
• Address certificate issued by an authorised government official or a government-recognised educational institution (for students)

Premature Withdrawal on TNPFIDCL Deposit

TNPFIDCL does not permit any early withdrawals within the initial 3 months of the opening of a fixed deposit. But during this time, in case of the death of a depositor, early withdrawal is allowed without interest payment.

In case of withdrawal after 3 months, the interest charged will vary based on the deposit tenure completed:

• 3 to 6 months: No interest is paid.
• 6 to 12 months: Interest is paid at 3% p.a. below the applicable 12-month FD rate.
• 12 to 24 months: Interest is paid at 2% p.a. below the applicable 12-month FD rate.
• 24 to 36 months: Interest is paid at 2% p.a. below the applicable 24-month FD rate.
• After 36 months but before maturity: Interest is paid at 2% p.a. below the applicable 36-month FD rate.

Additionally, TNPFIDCL requires 15 days' notice for premature withdrawal of deposits below ₹1 crore and one month's notice for deposits exceeding ₹1 crore. For jointly held deposits, the surviving depositor(s) must submit a requisition letter to process the premature withdrawal.

Loan Against TNPFIDCL Fixed Deposit

TNPFIDCL can offer a loan facility on eligible fixed deposits. This helps depositors get money without closing their investment early.

The loan facility has some common features that include:

• Loan of up to 70% of the fixed deposit amount.
• The loan can be availed after 3 months from the deposit date.
• The applicable loan interest rate is 2% higher than the interest rate payable on the fixed deposit.
• The fixed deposit is kept active until the loan and its interest are repaid in full.