Monthly Income Scheme
(MIS)
With our Fixed Deposit MIS scheme you can do a Fixed Deposit of a lumpsum amount and can get fixed monthly payout with great interest rates as your interest earned on the amount for the particular tenure for which plan has been availed and at the maturity date get the principal amount back as it is. In this way you can get fixed income every month on your lifetime savings.
PERIOD
RATE OF INTEREST
36 Months
12.50%
48 Months
12.75%
60 Months & Above
13.00%
* The minimum time for which MIS scheme can be availed is 3 years (36 months) and maximum with no limit.
* Simple Interest Rates shall be applied
ELIGIBILITY
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The applicant must be a member of the Society
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For Society membership related information
MINIMUM DEPOSIT AMOUNT
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Rs. 5000/- and further in multiple of Rs. 100/-
NOMINATION FACILITY
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Nomination Facility Available.
SPECIAL FEATURES
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No TDS is applicable on the interest earned on deposits.
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Offers higher interest rates.
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Interest on the Deposits is disbursed monthly.