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TNPFIDCL NEWS
  • List of candidates shortlisted for the post of company secretary Click to view   New!
  • SOP for form 15G/H submission through web portal Click to view
  • SOP for form 15G/H submission through Mobile app Click to view
  • TNPFC has revised the interest rates w.e.f 01-11-2025. Click to view interes rates
  • As per Union Budget 2025, the TDS exemption limit has been revised to Rs.10,000.
  • Form 15G/H can also be submitted online through Mobile app/Website to avoid TDS deduction on your interest earnings for FY 2025-26.
  • TNPFC has revised the age criteria for senior citizens from 58 to 60 years and above w.e.f. 01.10.2024 for new and renewed deposits
  • TNPFC Internal Auditor Appointment Notification Click to view New!
  • As per CBDT circular F. No. 370142/14/2022-TPL dated on 30th April 2023, It is hereby clarified that a person who has failed to intimate the Aadhaar number in accordance with Section 139AA of IT Act 1961 read with rule 114AAA shall face the consequences as a result of his / her PAN becoming inoperative.
  • As per the above, Arrears of TDS @20% would be deducted from 01 July 2023 from the interest payble / accrual of deposits from November 2023.
  • The consequences of PAN becoming inoperative shall not be applicable to those persons who have been exempted from linking PAN-Aadhaar.
  • Taxpayers who have been allotted a PAN as on 1st July 2017 and are not exempted from linking are liable to pay a non-refundable fee of Rs. 1000 for submission of PAN-Aadhaar linkage request. If linking is not done till 30th June 2023, The PAN will be marked as inoperative with effect from 1st July 2023.
  • View Circular
  • Interest released through NACH on 30th Novemeber 2025. Depositors may send mail in customersupport@tnpowerfinance.com if the payment was not made
  • Update your KYC to help us contact you easily.
  • Please deactivate DND mode in your registered mobile to receive alerts from TNPFIDCL
  • Use Complaint portal to clear your doubts and queries to avoid unnecessary travel to our office.
  • Please use our portal to download e-certificate for FDs.
  • For non-deduction of TDS U/S 194A, eligible depositors are requested to submit the declaration of Form 15G/Form 15H/Exe cer 197 in the first week of April 2023 by means of online/submitting the forms by offline in order to avoid TDS implication on your deposits. Necessary TDS as per IT act 1961, would be deducted if the above forms are not submitted while processing the respective interest run.

About TNPFIDCL

The Tamil Nadu Power Finance and Infrastructure Development Corporation Ltd., (TNPFIDCL) was incorporated on 27.06.1991 as a wholly owned State Public Sector undertaking and registered as a Non-Banking Finance Company (Deposit Taking) with Reserve Bank of India (RBI). The Company is classified as a Public Financial Institution by the Ministry of Company Affairs, Government of India on 09.01.2007. TNPFIDCL mobilizes funds primarily through public deposits and has been funding infrastructure projects undertaken by TANGEDCO. The company also receives deposits for operating Welfare schemes from Government of Tamilnadu and delivers high returns to the beneficiaries

TNPFIDCL offers attractive interest rates of 7.80% to 9.04% for tenure up to 1 to 5 years. TNPFIDCL has upgraded to the Core Banking Financial Service application in line with the RBI’s IT Policy Framework and Directives and online services are provided through www.tnpowerfinance.com and mobile app.

TNPFIDCL is making profit since its inception and maintains a Capital to Risk Weighted Assets Ratio (CRAR) of 15% as per RBI norms and has adequate % of Statutory Liquidity Ratio to meet out the contingencies

Why TNPFIDCL


Our Services

Depositors can take loan from the available FDs.

Loan Request

Calculate the expected returns based on the schemes available.

Fixed Deposit Calculator

Depositors can download receipts for the deposits made and also download e-Certificate for FDs.

Deposit Receipt

Depositors can renew the FDs for further period.

Renewal Advice

Depositors can download TDS certificates.

Tax Documents

Depositors can update pan, aadhar, email address, change of address, etc..

Service Request

Save your time using our mobile app

Customers can download the mobile app from google play store and use our services at your convienience




Grievance Redressal

TNPFC Recruitment Notification

 X
          

           TN Power Finance Corporation invites application from candidates for the following post on Contract basis with Consolidated pay. The details are given below.

    

    
Name of the Post Salary (Others) Educational Qualification Number of Post
Chief Investment Officer As per Market Standard (Negotiable) CFA/CPA/CA/MBA (Finance) from Business School. Experience: Minium 5 years of experience in Investment banking, Mutual fund, NBFC, Insurance Sectors in which minimum 2 years of experience in raising securities in secondary market and adequate knowledge in SEBI regulations. 1
          

          Age Limit for the above posts is 50 years or below. The last date for submission of application is on 16.04.2024 @ 4.00 pm and the bio-data containing educational qualifications, experience and other credentials shall be sent by registered post or speed post or e-mail to the following address.

    

Chief Financial Officer

TamilNadu Power Finance and Infrastructure Development Corporation Limited

490/3-4 ,”TUFIDCO POWERFIN” Tower

Annasalai, Nandanam

Chennai-600 035

          

Email: cfo@tnpowerfinance.com

               

Note: The Board of Management reserves the right to fill or not to fill up the post without assigning any reason whatsoever.

               

14-03-2024

Chairman and Managing Director