With our Fixed Deposit MIS scheme you can do a Fixed Deposit of a lumpsum amount and can get fixed monthly payout with great interest rates as your interest earned on the amount for the particular tenure for which plan has been availed and at the maturity date get the principal amount back as it is. In this way you can get fixed income every month on your lifetime savings.
MIS - 74 Months @ 12% P.A. | ||
---|---|---|
DEPOSIT | MIS PER MONTH | MATURTY VALUE |
50,000 | 500 | 50,000 |
1,00,000 | 1,000 | 1,00,000 |
2,00,000 | 2,000 | 2,00,000 |
3,00,000 | 3,000 | 3,00,000 |
5,00,000 | 5,000 | 5,00,000 |
10,00,000 | 10,000 | 10,00,000 |
The minimum time for which MIS scheme can be availed is 3 years (36 months) and maximum with no limit.
Simple Interest Rates shall be applied