Tamilnadu Transport Development Finance Corporation Ltd. ( a Government Of

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TAMILNADU TRANSPORT DEVELOPMENT FINANCE CORPORATION LTD. ( A Government of Tamilnadu undertaking ) TOURISM COMPLEX 4TH FLOOR NO.2 WALLAJAH ROAD CHENNAI 600 002

TAMILNADU TRANSPORT DEVELOPMENT FINANCE CORPORATION LTD.

ProfileWholly 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 in 1975 Deposit Schemes are as per RBI Guidelines Total Deposits as on 31.07.09 Rs. 958.70 crores Total number of Deposits as on 31.07.09 : 2,22,118 Tamilnadu Transport Development Finance Corporation (TDFC) was started on 25.03.1975 by the Government of Tamilnadu with the objective of moping up of funds from general public for the Capital & Working Capital requirement of the State Transport Undertakings by way of mobilising deposits without depending upon the budgetary support from Government.

Registration as Non Banking Finance Company with RBITamilnadu Transport Development Finance Corporation has been registered with Reserve Bank of India as a Non-Banking Finance Company.

Board of DirectorsThe Secretary to Government, Transport Department is the ex-officio Chairman and Managing Director of the Corporation. The Joint Managing Director is the Chief Executive Officer of the Corporation. Other eight directors are nominated by the Government including two IAS.

Select indicators ( Rs. in crores )S Year l . N o Deposits Loans No. of Chasis financed Income Profit befor e tax

1 2 3 4 5

2004-05 2005-06 2006-07 2007-08 2008-09

658.53 680.70 670.00 804.00 943.00

382.31 562.30 235.98 679.26 608.58

995 2140 736 1838 1073

92.47 73.14 71.08 73.74 100.24

5.96 5.36 5.73 5.76 5.81

Paid up Share capit al 61.74 61.74 61.74 61.74 61.74

Interes t claim withdr awn

19.95 19.04 20.11 18.03 5.80

Deposit Schemes of TDFC At present Deposits are mobilised under two different schemes.

(PIPS); and ii) Money Multiplier Scheme (MMS)i) Period Interest Payment Scheme Under PIPS, Interest is paid either (a) monthly or (b) quarterly or (c) annually, and the minimum amount of deposit accepted is Rs.10,000/-. Under MMS, the interest is compounded monthly at the appropriate rate of interest and paid on maturity together with the principal. The minimum amount of deposit acceptable is Rs.10000.00. The interest rates applicable to the deposits as at present are as follows. Click here Lending to STUs The money mobilized is exclusively lent to the State Transport Undertakings to meet their capital expenditure and working capital requirements. Different types of loans are being issued to the State Transport Undertakings. 1. Hire Purchase Loans -for the purchase of chasis and bus body constructions 2. Short Term loans like Motor Vehicle Tax -To meet the hale yearly motor vehicle tax commitments of the STU, Bonus Loans -To meet the yearly bonus commitments of the needy STUs and Working Capital Requirements 3. Long Term Loans -To meet capital expenditure programmes other than purchase of chasis and bus body constructions, like construction of a depot Deposit mobilisation centres There are four deposit mobilisation centers other than Head office at Chennai, which are located at Coimbatore, Madurai, and Trichy.

TAMILNADU TRANSPORT DEVELOPMENT FINANCE CORPORATION LTD.

Board of DirectorsThiru Atulya Misra,I.A.S. :Secretary to Government of Tamilnadu Transport Dept., Fort St.George Chennai 600009.

Thiru Syed Munirhoda,I.A.S.

:Chairman and Managing Director, Power Finance & Infrastructure Dev. Corporation Limited Tufidco Powerfin Tower 490/3-4,Anna Salai Nandanam,Chennai-600035 : Special Secretary to Government Finance Department ,Fort St.George Chennai 600009. : Managing Director Metropolitan Transport Corporation Chennai Ltd. Pallavan Salai,Chennai 600002. :Managing Director State Express Transport Corporation Tamilnadu Ltd. Pallavan Salai,Chennai 600002. :Managing Director, Tamilnadu State Transport Corpn. (Villupuram) Ltd. 3/137 Salamedu,Valudhareddy Post Post Box No.56,Villupuram 605602. :Director Institute of Road Transport Taramani,Chennai 600113. :Joint Managing Director TDFC Ltd., Chennai

Thiru R.Thiagarajan,I.A.S.

Thiru V.Paulraj

Thiru K.Sattanathan Mohanraj

Thiru C.Paramasivam

Thiru M.RMunusamy

Thiru D.Rankumar Immanuel

Management Team:Chairman and Managing Director Thiru Atulya Misra,I.A.S.

Joint Managing Director Manager (Finance & Accounts) Deposit Manager Manager(I.W.&GCPS)

Thiru D.Rajkumar Immanuel Thiru V. Venkatarajan Thiru R.Prabakaran Thiru M.Kesavamurthy

TAMILNADU TRANSPORT DEVELOPMENT FINANCE CORPORATION LTD. TELEPHONE NUMBERS Telegram : TAFCON Post Box : 2215 Chairman and Managing Director Joint Managing Director Manager (Finance & Accounts) Deposit Manager Manager(I.W&GCPS) HEAD OFFICEHead Office, 2, Wallajah Road, 4th Floor,Tourism Office Complex (Near Kalaivanar Arangam) Chennai 600 002.

OFFICE 25392933 25392934 25392935 25392936

Fax No. : (044) 25392934 E-mail: tdfc@giasmd01.vsnl.net.in RESIDENCE MOBILE 26531011 26563165 9381033667

25392930 25392931 25392932

Deposit Collection Centres

Business ManagerTDFC Ltd. Deposit Mobilisation Centre Coimbatore Branch, TTC Bus Stand Complex, Gandhipuram, Coimbatore-641 044

0431-2464188

Business ManagerTDFC Ltd. Deposit Mobilisation Centre No.12, Westvelli Street (Upstairs) Rani Mangammal Chatram, (Opp. To Madurai Railway Station) Madurai 625 001.

0452-2341686

Business ManagerTDFC Ltd. Deposit Mobilisation Centre Periyamilaguparai Trichy-620 001

0431-2464188

REVISED RATES OF INTEREST W.E.F.29.07.2009 TAMIL NADU TRANSPORT DEVELOPMENT FINANCE CORPORATION LTD

PERIODIC INTEREST PAYMENT SCHEME(PIPS) INDIVIDUAL OTHERSPeriod (months) Monthly Quarterly Annually Maximum Deposit Without Tax deduction at source(Rs.) Period (months) Monthly Quarterly Annually Maximum Deposit Without Tax deduction at source(Rs.)

24 36,48&60

-8.50

8.05 8.56

-8.84

62000 56000

24 36,48&6 0

-7.75

7.55 7.80

-8.03

66000 62000

MONEY MULTIPLIER SCHEME (MMS) INDIVIDUAL OTHERSPeriod (Months) Basic rate per annum (%) Effective Yield (%) Maturity Value for Rs.10000/Maximum Deposit Without Tax deduction at source(Rs.) Period (Months) Basic rate per annum (%) Effective Yield (%) Maturity Value for Rs.10000/Maximum Deposit Without Tax deduction at source(Rs.)

12 24 36 48 60

7.75 8.00 8.50 8.50 8.50

8.03 8.64 9.64 10.08 10.55

10803 11729 12893 14033 15273

62000 55000 47000 43000 40000

12 24 36 48 60

7.25 7.50 7.75 7.75 7.75

7.50 8.06 8.69 9.05 9.43

10750 11613 12608 13621 14715

66000 59000 53000 49000 45000

Interest compounded monthly. Monthly interest is payable only on 36,48 and 60 months deposits at 10.00% p.a.

Minimum deposit under both schemes is Rs.10,000/No brokerage is payable on deposit. Outstation depositors may deposit the amount by Demand Draft payable at Chennai (or through our branches) after deducting the Demand Draft charges. Interest warrants are payable at par at selected branches of Indian Bank in India up to Rs. 10,000/- per interest warrant. Interest will be paid through ECS for Chennai, Trichy, Coimbatore, Madurai depositors and will be extended to other areas. Interest exceeding Rs.10,000/- will be paid by demand draft for the out station depositors. For outstation depositors Post dated interest warrants upto Rs.10,000/- per interest warrant will be issued for each financial year. When availing loan or pre-closure of deposit, these interest warrants have to be surrendered. Loans may be granted by the corporation at its discretion upto 75% of the deposit amount after 3 months from the date of deposit. Repayment to depositors are made through demand draft for outstation deposits at our cost.

Tamilnadu Transport Development Finance Corporation Limited

Balance Sheet as on 31st March 2009Schedule No. SOURCES OF FUNDS Shareholders Fund Capital Reserves and Surplus Loan Funds Secured Loans Unsecured Loans Total APPLICATION OF FUNDS Fixed Assets Gross Block Less: Depreciation Net Block Investments Deffered tax Assets A. Current Assets, Loans And Advances Current Assets Loans And Advances B. Current liabilities& Provisions Net current Assets (A-B) Miscellaneous Expenditure (to the extent not written off or adjusted) Total 114114.93 100749.55 1.7 1.8 1.9 1.6 1.5 78.87 62.71 16.16 2599.85 14.50 80.84 65.09 15.75 2400.85 9.98 1.3 1.4 4000.00 95011.20 114114.93 5000.00 81034.48 100749.55 1.1 1.2 6174.19 8929.54 6174.19 8540.88 31.03.09 Rs. In Lakhs 31.03.08 Rs. In Lakhs

78684.25 43112.40 121796.65 10506.58 111290.07

72023.67 35579.71 107603.38 9523.34 98080.04

1.10

194.35

242.93

Tamilnadu Transport Development Finance Corporation LimitedProfit and Loss account for the year ended 31st March 2009Schedule No. Income Finance charges& Interest earned-Loans Interest earned-Others Cash Discount on advance payment for Bus Chassis Other Income Total Expenditure Interest Administrative Expenses Employees Emoluments & Welfare other expenses 2.4 2.5 2.6 2.7 2.3 2.1 2.2

31.3.09 Rs.In Lakhs 9171.78 669.79 178.04 4.43 10024.04 9235.79 72.48 128.66 0.14

31.3.08 Rs.In Lakhs 6390.