Monthly Income Scheme

  •      Safe & sure way to get a regular monthly income.
  •      Specially suited for retired employees/ Senior Citizens or any one with high sum for investment .
  •      Rate of interest 8%.MIS
  •      10% Bonus on maturity. (withdrawn w.e.f 13th February 2006)
  •      Maturity Period – Six Years.
  •      Post maturity Interest at the rate applicable from time to time (at present 3.5%)
  •      Auto credit facility to SB Account.

 

Type of Account Minimum limit Maximum limit
Single Rs. 1000/- Rs. 3 lakhs
Joint Rs. 1000/- Rs. 6 lakhs

  
 

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