MONTHLY INCOME PLAN

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DEPOSIT AMOUNT 60 MONTH
Maturity Amount MIS 8.5%
100000 142500 708
80000 114000 567
70000 99750 496
60000 85500 425
50000 71250 354
40000 57000 283
30000 42750 213
20000 28500 142
10000 14250 71
5000 7125 35

Terms & Condition

  1. It is compulsory for every account holder to share at least Rs. 100 / -.
  2. Membership fee of Rs.10 / – and stationery fee of Rs.40 / – is mandatory.
  3. The minimum investment amount can be quoted at Rs. 5000 / – and Rs. 1000 / -.
  4. Every month’s interest will be credited to the account holder’s savings account, which can be collected according to their convenience.
  5. The account will not be able to close the account before the expiry date.
  6. TDS will be applicable as per Income Tax Rule 1961.
  7. No interest will be paid after the expiration of the account.
  8. Loan facility is not available.
  9. Pre-maturity is not available.