Monthly Income Scheme

The Monthly Income Scheme (MIS) is a unique scheme where members can invest a specific amount and get returns every month till the end of the tenure at our competitive MIS interest rate. Members can choose investment amount along with the duration and earn interest on the same.

TERM AND SCHEME	RATE OF INTEREST*

MIS DEPOSIT
1 to 2 YEAR TERM DEPOSITE FIXED DEPOSIT	10% (INDIVIDUAL) / 10.5% (SINNER CITIZEN & oth*)
2 to 3 YEAR TERM DEPOSITE FIXED DEPOSIT	11% (INDIVIDUAL) / 11.5% (SINNER CITIZEN & oth*)
3 to 5 YEAR TERM DEPOSITE FIXED DEPOSIT	12% (INDIVIDUAL) / 12.5% (SINNER CITIZEN & oth*)

SAVING DEPOSITE	7 % PER ANNUM
DAILY DEPOSITE	7.5 % PER ANNUM
Mahila Samman Yojana (fixed deposit 7.5 year)	12.5% (INDIVIDUAL) with *

MIS INTEREST CALCULATION

TERM	INTT RATE	MATURITY – ACCORDING TO 1,00,000/-
1 YEAR FD	10%	PRINCIPLE – 1,00,000/- INTT. – 833/-
2 YEAR FD	11%	PRINCIPLE – 1,00,000/- INTT. – 916/-
3 YEAR FD	12%	PRINCIPLE – 1,00,000/- INTT. – 1000/-
5 YEAR FD	12%	PRINCIPLE – 1,00,000/- INTT. – 1000/-

MIS DEPOSITE SCHEME: – (ONLY FOR MEMBER)

Account opening from 1000/- Rupees only.
This Scheme will run for minimum 12 months or maximum 120 month.
Interest Rate 7 % TO 12.5 % Yearly on Account.
Maturity Payment will not be made before the due.
Important Note – Payment will be made in instalment on a maturity of 1 lakh or more.

Instalments deadline will be decided by board of members. The interest paid on the instillments will be equal to that of the savings scheme.