Deposit Scheme
Monthly Income Scheme
Monthly interest payout; principal returned at maturity.
Rate table
| Plan | Tenure | Rate p.a. | Minimum |
|---|---|---|---|
| MIS 2 Year | 24 months | 10.8% | ₹50,000 |
| MIS 3 Year | 36 months | 12% | ₹50,000 |
| MIS 5 Year | 60 months | 13.2% | ₹50,000 |
Monthly income per ₹50,000 deposited
2 Year
₹450
per month
3 Year
₹500
per month
5 Year
₹550
per month
Income scales proportionally: ₹2,00,000 earns four times the figure above. Your principal is returned in full at maturity.
Eligibility
- • Membership of the society (share allotment)
- • Completed KYC verification
- • Any resident individual; joint and minor accounts allowed
Documents needed
- • Aadhaar card
- • PAN card
- • Two passport photographs
- • Nominee details
Frequently asked
How do I become a member of the society? +
Visit any branch with Aadhaar, PAN and a passport photo. After KYC verification and share allotment you receive your membership number and can open accounts.
When is MIS interest paid out? +
Monthly income is credited every month to your savings account, bank account, or paid in cash — your choice. Principal is returned at maturity.