PROFILE !

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Profile Of TTDFC Ltd. Wholly owned by Government of Tamilnadu. Registered with RBI as a Non Banking Finance Company vide Regn. No.07.00403. Classified as a Hire Purchase Finance Company. Mobilises funds through various attractive Deposit Schemes. Provides Financial Assistance to State Transport Undertakings in Tamilnadu. Operations fully computerized. Managed by the Chairman and Managing Director under the Board of Directors where senior IAS officers / Professionals are Directors. Consistently making profit since its inception (1975). Deposit Schemes are as per RBI Guidelines Total Deposits as on 31.03.2016 is Rs.2159 Crores. Total Number of Deposits as on 31.03.2016 is 1,96,805.

 
 
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.