thanamaheshpatpedhis

MONTHLY INCOME SCHEME (MIS)

THANA MAHESH PATPEDHI offers MIS among a host of products and services. Monthly Income Scheme are an ideal opting for those who want to earn a regular fixed deposit on a monthly basis. This will help the investor earn a supplementary income. This type of tern deposit promises the investor guaranteed returns at a certain rate of interest.

Sr	Investment Amount	MIS/Month Amount
1.	Rs. 25,000/-	Rs. 182/-
2.	Rs. 50,000/-	Rs. 365/-
3.	Rs. 1,00,000/-	Rs. 729/-
1.	Rs. 2,50,000/-	Rs. 1823/-
1.	Rs. 5,00,000/-	Rs. 3646/-

Monthly Income Scheme (MIS) for Senior Citizens & Ladies:

24 Months & above R.O.I. 8.50% PA. Interest payable on monthly basis & will be credited to Their saving account & the same can be withdrawn on monthly basis. In this case also, for premature withdrawal, the rate of interest will be reduced by 1% PA from the applicable rates to the period of deposit already held in the society and the excess interest paid would be deducted from the principal amount.

Features & Benefits:-

The investment is absolutely risk free
Interest will be credited to their saving account & the same can be withdrawal on monthly basis.
The member can choose to nominated another individual to receive the benefits in the event of his/her unfortunately death.
The scheme provides the option of a recurring deposit into which the fund can be moved
A joint account can be opened by two or three adults. All the account holders in the joint account have equal share. A single account can be converted to a joint account. The reverse is also possible.

Terms & Conditions:-

In the case also, for premature withdrawal, the rate of interest will be reduced by 1% PA from the applicable rates to the period of deposit already held in the society and the excess interest paid would be deducted from the principle amount.