Scheme Deposit

Interest Rate on Scheme Deposit w.e.f. December 7,2016

Product Name Monthly Savinqs Deposit Scheme (MSDS)
Interest Rate 7.00% with tenor-wise installment is as follows:
Returns Monthly lnstallment (Pre-tax maturitv after)
3 Years 5 Years 7 Years 10 Years
500 20,052 35,913 54,114 86,57l
1000 40,103 71,825 108.227 173 142
2000 80,207 143,651 216 455 346,285
5000 200,517 359,127 541,137 865,712
10000 401,033 718,255 1,082,273 1,731,424
Product Name Monthly Income Deposit (MIDS)
Interest Rate 8.00%, 7.50% & 7.00% for 1, 3 and 5 Years respectively
Principal Amount Tenor lnterest rate Monthly Payment
100,000 1 7.00% 583.33
100,000 3 7.50% 625.00
100,000 5 8.00% 666.67

 

Principal Amount Tenor lnterest rate Monthly Payment
5,00,000 1 7.00% 2,916.67
5,00,000 3 7.50% 3,125.00
5,00,000 5 8.00% 3,333.33

 

Principal Amount Tenor lnterest rate Monthly Payment
10,00,000 1 7.00% 5,833.00
10,00,000 3 7.50% 6,250.00
10,00,000 5 8.00% 6,666.00
Product Name Millionaire Scheme Account (MSA)
Interest Rate 7.00% and tenor wise installment is as follows:
Tenor (years) 3 4 5 6
Without initial investment 25,030 18,120 13,990 11,247
With initial investment of: 50,000 23 495 16,935 13,011 10,405
75,000 22,730 16,342 12,522 9,984
100,000 21,965 15,750 12,032 9,563
125,000 21,200 15,157 11,542 9,142
150,000 20,437 14,565 11,053 8,720
175,000 19,670 13,972 10,563 8,299
200,000 18,907 13,380 10,074 7,878
Product Name Deposit Double Scheme (DDS)
Interest Rate 8% and Makes money double wiihin 9 Years 1 month

Deposit Rates are subject to change