Monthly Income Scheme
Interest Payment Table (On Deposit of Rs. 10000/-)
|Period||Rate Of Interest||Monthly Income|
Terms & Conditions:-
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.