Interest Rate on Scheme Deposit w.e.f. March 18, 2024

Product Name Monthly Savings Deposit Scheme (MSDS)
Interest Rate 11.00% p.a. with tenor-wise monthly installment is as follows:
Monthly Installment Pre-tax maturity after:
Returns 3 years 5 years 7 years 10 years
500 21,327 39,865 62,830 107,961
1000 42,654 79,730 125,661 215,922
2000 85,308 159,461 251,323 431,844
5000 213,271 398,653 628,308 1,079,610
10000 426,542 797,306 1,256,617 2,159,220
Product Name Monthly Income Deposit (MIDS)
Returns Principal Amount Tenor Interest Rate Monthly Payment
50,000.00 1 year 12.00% 500.00
50,000.00 3 years 12.00% 500.00
50,000.00 5 years 11.00% 458.33
Principal Amount Tenor Interest Rate Monthly Payment
100,000.00 1 year 12.00% 1,000.00
100,000.00 3 years 12.00% 1,000.00
100,000.00 5 years 11.00% 916.67
Principal Amount Tenor Interest Rate Monthly Payment
500,000.00 1 year 12.00% 5,000.00
500,000.00 3 years 12.00% 5,000.00
500,000.00 5 years 11.00% 4,583.33
Principal Amount Tenor Interest Rate Monthly Payment
1,000,000.00 1 year 12.00% 10,000.00
1,000,000.00 3 years 12.00% 10,000.00
1,000,000.00 5 years 11.00% 9,166.67
Product Name Millionaire Scheme Account (MSA)
Interest Rate 11.00% p.a. and tenor wise installments are as follows:
Installment size Tenors 3 years 4 years 5 years 6 years
Without initial investment: 24,150 17,250 13,150 10,450
With initial investment:
50,000 22,550 16,020 12,120 9,540
75,000 21,770 15,400 11,600 9,100
100,000 21,000 14,780 11,090 8,640
150,000 19,400 13,540 10,050 7,740
200,000 17,800 12,300 9,020 6,840
Product Name Deposit Double Scheme (DDS)
Interest Rate 13.40% p.a. and Makes money double within 5 years & 06 Months

* Note: Interest rate on all other Scheme deposit products will remain unchanged.