Scheme Deposit

Interest Rate on Scheme Deposit w.e.f. October 31, 2017

Product Name Monthly Savinqs Deposit Scheme (MSDS)
Interest Rate 7.75% with tenor-wise installment is as follows:
Returns Monthly lnstallment (Pre-tax maturitv after)
3 Years 5 Years 7 Years 10 Years
500 20,285 36,620 55,637 90,178
1000 40,570 73,239 111,275 180,356
2000 81,140 146,479 222,550 360,711
5000 202,849 366,197 556,374 901,778
10000 405,698 732,394 1,112,748 1,803,556
Product Name Monthly Income Deposit (MIDS)
Interest Rate 7.25%, 7.50% & 7.75% for 1, 3 and 5 Years respectively
Principal Amount Tenor lnterest rate Monthly Payment
100,000 1 7.25% 604.17
100,000 3 7.50% 625.00
100,000 5 7.75% 645.83

 

Principal Amount Tenor lnterest rate Monthly Payment
5,00,000 1 7.25% 3020.83
5,00,000 3 7.50% 3,125.00
5,00,000 5 7.75% 3,229.17

 

Principal Amount Tenor lnterest rate Monthly Payment
10,00,000 1 7.25% 6041.67
10,00,000 3 7.50% 6,250.00
10,00,000 5 7.75% 6,458.33
Product Name Millionaire Scheme Account (MSA)
Interest Rate 7.75% and tenor wise installment is as follows:
Tenor (years) 3 4 5 6
Without initial investment 24,750 17,850 13,740 11,000
With initial investment of: 50,000 23,200 16,650 12,730 10,130
75,000 22,430 16,050 12,230 9,700
100,000 21,650 15,450 11,740 9,280
125,000 20,860 14,850 11,250 8,850
150,000 20,100 14,250 10,740 8,400
175,000 19,340 13,650 10,250 7,980
200,000 18,580 13,050 9,750 7,550
Product Name Deposit Double Scheme (DDS)
Interest Rate 8% and Makes money double wiihin 9 Years 1 month

Deposit Rates are subject to change