Monthly Income Scheme
Deposits
Monthly Income Scheme
Earn a Regular Monthly Income on Your Investment
Earn a Regular Monthly Income on Your Investment
Our Monthly Income Scheme (M.I.S.) is designed for investors seeking a steady and reliable source of income. Invest a lump-sum amount and receive a fixed monthly payout throughout the chosen tenure, helping you meet your regular financial needs while keeping your investment secure.
Key Features
- Attractive monthly income payouts.
- Flexible investment options.
- Tenure options of 1 Year, 2 Years, and 3 Years.
- Safe and dependable investment plan.
- Ideal for retirees, salaried individuals, and those seeking regular cash flow.
- Higher investment amounts generate higher monthly returns.
Monthly income is calculated based on the applicable interest rate and investment tenure.
Features & Benefits
Guaranteed Returns:
Your investment amount doubles in 99 months.
Safe & Reliable:
Fixed returns with no market-related risks.
Tax-Savings Benefits
Loan Facility Available
you can take a loan against your fixed deposit (FD) without breaking it prematurely
Eligibility Criteria
- All individuals residing in India are eligible
- HUFs can set up FDs to manage and grow their collective assets
- Business owners operating sole proprietorships are eligible
- Trust Accounts:
Required Document
Only for non-Shree Mahalaxmi Patpedhi holders
- You need to be a resident of India while opening the Account
- A valid PAN and Aadhaar card are necessary
- Your mobile number must be linked to your Aadhaar card
