MONTHLY INCOME SCHEME (MIS)

PERIOD Rate of Interest (in %)
12 Months 10%
24 Months 11%
36 Months 12%
More than 36 Months 12%
  • * (Simple Interest Rates shall be applied)

ELIGIBILITY

  • The applicant must be a member of the Society
  • For Society membership related information click here.

MINIMUM DEPOSIT AMOUNT

  • Rs. 5000/- and further in multiple of Rs. 500/-

PREMATURE PAYMENT

  • Premature Payment guideline shall be applicable as per Society's Terms & Condition.

SPECIAL FEATURES

  • No TDS is applicable on the interest earned on deposits.
  • Offers higher interest rates.

NOMINATION FACILITY

  • Nomination Facility Available.

LOAN FACILITY

  • Maximum up to 90% against Deposit Amount.
  • Interest Rate (Reducing) 2% extra.


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