Welcome to TDFC!

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Tamilnadu Transport Development Finance Corporation Ltd. (TDFC Ltd.) was started on 25.03.1975 with the objective of moping up of funds from general public for the capital and working capital requirements of State Transport Undertakings in Tamilnadu without depending upon the budgetary support from the Government.For the normal operations, replacement of buses, capital works etc.

TDFC will continue to play a major role by providing Hire Purchase and Term Loan facilities to STUs. The Government will extend minimum support to STUs for regular operational expenses, acquisition and replacement of buses etc. till their financial position improve.

The authorized share capital of the Company is Rs.70.00 crores and paid up share capital is Rs.61.74 crores of which the Government has contributed Rs.43.03 crores and STUs Rs.18.71 crores.

 
 
Why to Invest TDFC?
  • Wholly owned by Government of Tamilnadu
  • Registered with RBI as a Non Banking Finance Company vide Regn. No.07.00403
  • Operations fully computerized.
  • Making profit since inception (1975).
  • Interest Warrants are encashable at par at spefied centers in India.
  • Outstation repayment by Demand Draft at our Cost.
  • Loan facility is available against deposits.
  • Nomination facilities are available subject to the provisions of the RBI (Amendmant) Act 1997.
  • Trust can invest with TDFC under Sec.11(5)(VII) of the I.T.Act.

Deposit Schemes

  • Period Interest Payment Scheme (PIPS)

  • Money Multiplier Scheme (MMS)
 

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