Monthly Income Scheme (MIS)

Interest Rates on MIS

PERIOD Rate of Interest (p.a.)
12 Months09%
24 Months10%
36 Months & Above11%
MIS 12 Months @ 09% p.a.
Deposit (Rs.)Monthly IncomeMaturity
50,000/-375/-50,000/-
1,00,000/-750/-1,00,000/-
5,00,000/-3750/-5,00,000/-
MIS 36 Months @ 11% p.a.
Deposit (Rs.)Monthly IncomeMaturity
50,000/-458/-50,000/-
1,00,000/-917/-1,00,000/-
5,00,000/-4583/-5,00,000/-
Eligibility

Applicant must be a member. Join here.

Min. Deposit

Rs. 5000/- and further in multiple of Rs. 100/-

Nomination

Nomination Facility Available for all accounts.

TDS Benefit

No TDS is applicable on the interest earned.

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