Monthly Income Scheme
Terms & Conditions:-
- Minimum MIS would be RS 10000/- and further in multiple of 10000/-
- Special MIS is applicable only for senior citizen,women,and Govt.employ and for
- Loan available against deposit up to 75% of deposited amount after one month from
the date of deposit.
- Rate of interest on loan against Deposit would be 5% higher than applicable rate of
interest to your Deposit.
Payment before maturity not allowed for 90 days deposit scheme and payment before Maturity
allowed to other MIS plans,in this case the calculation of interest on pre-mature payment
will be applicable as per savings a/c's rate of interest and already paid interest amount
will be deducted from the principal amount.