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Monthly Income scheam
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Deposit
MIS
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
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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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