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