Monthly Installment Scheme

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Monthly Installment Scheme

Payment before maturity not allowed for 90 days deposit scheme and Payment before Maturity allowed to other MIS plans, in this case the Calculation of interest on pre-mature payment will be applicable as per savings a/c’s rate of interest and already paid interest amount will be deducted from the principal amount.

Deposit 12M 24M 36M 48M
R Interest 9.00% 9.75% 10% 10.25%
10000 75 81 83 85
20000 150 162 166 170
30000 225 243 249 255
40000 300 324 332 340
50000 375 405 415 425
60000 450 486 498 510
70000 525 567 581 595
80000 600 648 664 680
90000 675 729 747 765
100000 750 810 830 850
2000000 1500 1620 1660 1700

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