Monthly Income Scheme (MIS)

Monthly Income Scheme given 3years or 6years with 6.25% per annum. For Senior Citizen 6.50% and 6.75% per annum respectly

Minimum deposit Rs.50,000/- (multiple by 1000)

Bonus @ 10% after maturity for 6 years.

In Premature Case,

  • Penalty for 1yr to less than 3yrs 2% of total deposit
  • Above 3yrs 1% of total deposit